USD/CAD: Canada’s gross domestic product unexpectedly fell in February

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.48% against the CAD and closed at 1.3389. On the macro front, Canada’s gross domestic product (GDP) unexpectedly declined 0.1% on a monthly basis in February, defying market … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD and closed at 1.3453. In the Asian session, at GMT0300, the pair is trading at 1.3458, with the USD trading slightly higher against the … Continue reading

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USD/CAD: Loonie trading on a stronger footing in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD and closed at 1.3462 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.3454, with the USD trading 0.06% lower … Continue reading

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USD/CAD: Canada’s business barometer climbed in April

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD and closed at 1.3481. Data revealed that Canada’s CFIB business barometer rose to a level of 56.7 in April, following a reading of 55.9 … Continue reading

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USD/CAD: The BoC left its key interest rate unchanged at 1.75%

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.5% against the CAD and closed at 1.3496. The Bank of Canada (BoC), in its April monetary meeting, decided to keep its key interest rate unchanged at 1.75%, … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.64% against the CAD and closed at 1.3429. In the Asian session, at GMT0300, the pair is trading at 1.3450, with the USD trading 0.16% higher against the … Continue reading

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USD/CAD: Canada’s retail sales more-than-expected in February

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.17% against the CAD and closed at 1.3344. In economic news, Canada’s retail sales rose 0.8% on a monthly basis in February, compared to a revised fall of … Continue reading

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USD/CAD: Canada’s consumer price index rose as estimated in March

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CAD and closed at 1.3349. Data showed that Canada’s consumer price index (CPI) advanced 1.9% on a yearly basis in March, meeting market consensus and … Continue reading

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USD/CAD: Canada’s manufacturing shipments declined more-than-expected in February

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CAD and closed at 1.3362. On the macro front, Canada’s manufacturing shipments declined 0.2% on a monthly basis in February, compared to a revised rise … Continue reading

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USD/CAD: Canada’s existing home sales advanced less-than-expected in March

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CAD and closed at 1.3373. Data indicated that the Canada’s existing home sales rose 0.9% on a monthly basis in March, undershooting market expectations for … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.34% against the CAD and closed at 1.3331 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.3322, with the USD trading 0.07% lower … Continue reading

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