USD/CAD: Canada’s RBC manufacturing PMI dropped in May

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.43% against the CAD and closed at 1.3444. On the data front, Canada’s RBC manufacturing PMI fell to a level of 49.1 in May, compared to a level … Continue reading

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USD/CAD: Canada’s annualised gross domestic product advanced in 1Q 2019

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD and closed at 1.3516 on Friday. On the macro front, Canada’s annualised gross domestic product rose 0.4% on a quarterly basis in 1Q 2019, … Continue reading

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USD/CAD: Loonie reverses its gains in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD and closed at 1.3495. Data showed that Canada’s CFIB business barometer climbed to a level of 59.7 in May, compared to a level of … Continue reading

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USD/CAD: BoC opted to leave its interest rate steady at 1.75%

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD and closed at 1.3514. The Canadian dollar fell against the US dollar, following the Bank of Canada’s (BoC) rate decision. The BoC, in its … Continue reading

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USD/CAD: Loonie trading higher, ahead of BoC’s key interest rate decision

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.39% against the CAD and closed at 1.3493. In the Asian session, at GMT0300, the pair is trading at 1.3485, with the USD trading 0.06% lower against the … Continue reading

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USD/CAD: Loonie trading a tad lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CAD and closed at 1.3440. In the Asian session, at GMT0300, the pair is trading at 1.3441, with the USD trading a tad higher against … Continue reading

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USD/CAD: Loonie trading slightly lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CAD and closed at 1.3473. In the Asian session, at GMT0300, the pair is trading at 1.3476, with the USD trading a tad higher against … Continue reading

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USD/CAD: Canada’s retail sales climbed less-than-expected in March

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CAD and closed at 1.3433. Data indicated that Canada’s retail sales rose 1.1% on a monthly basis in March, undershooting market consensus for a gain … Continue reading

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USD/CAD: Loonie trading flat in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.20% against the CAD and closed at 1.3402. In the Asian session, at GMT0300, the pair is trading at 1.3402, with the USD trading flat against the CAD … Continue reading

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USD/CAD: Loonie extends its gains in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.05% against the CAD and closed at 1.3429. In the Asian session, at GMT0300, the pair is trading at 1.3425, with the USD trading marginally lower against the … Continue reading

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USD/CAD: Loonie extends its gains in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD and closed at 1.3459 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.3436, with the USD trading 0.17% lower … Continue reading

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