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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CAD and closed at 1.3272. Data showed that trade deficit widened more-than-expected to C$2.1 billion in November, following a revised deficit of C$0.9 billion in … Continue reading

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USD/CAD: Loonie trading a tad higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.61% against the CAD and closed at 1.3292. Data showed that Canada’s seasonally adjusted Ivey PMI climbed to a level of 59.7 in December, compared to a level … Continue reading

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USD/CAD: Canada’s unemployment rate remained steady at a 43-year low level in December

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.70% against the CAD and closed at 1.3396 on Friday. On macro front, Canada’s unemployment rate remained steady at a 43-year low level of 5.6% in December, lower … Continue reading

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USD/CAD: Loonie trading marginally lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.10% against the CAD and closed at 1.3483. In the Asian session, at GMT0400, the pair is trading at 1.3484, with the USD trading a tad higher against … Continue reading

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USD/CAD: Canada’s RBC manufacturing PMI declined in December

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.23% against the CAD and closed at 1.3622. In economic news, Canada’s RBC manufacturing PMI dropped to a level of 53.6 in December, compared to a level of … Continue reading

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USD/CAD: Loonie trading extends its losses in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.48% against the CAD and closed at 1.3635. In the Asian session, at GMT0400, the pair is trading at 1.3654, with the USD trading 0.14% higher against the … Continue reading

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USD/CAD: Loonie trading higher in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CAD and closed at 1.3642 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.3625, with the USD trading 0.12% lower … Continue reading

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USD/CAD: Canada’s gross domestic product climbed at its strongest pace in 5-months in October

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.69% against the CAD and closed at 1.3595 on Friday. Data indicated that Canada’s gross domestic product (GDP) rebounded 0.3% on a monthly basis in October, rising at … Continue reading

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USD/CAD: Loonie trading on a negative footing this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.26% against the CAD and closed at 1.3574. In the Asian session, at GMT0400, the pair is trading at 1.3590, with the USD trading 0.12% higher against the … Continue reading

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USD/CAD: Canada’s gross domestic product climbed at its strongest pace in 5-months in October

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.69% against the CAD and closed at 1.3595 on Friday. Data indicated that Canada’s gross domestic product (GDP) rebounded 0.3% on a monthly basis in October, rising at … Continue reading

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USD/CAD: Loonie trading a tad higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD and closed at 1.3502. In the Asian session, at GMT0400, the pair is trading at 1.3500, with the USD trading slightly lower against the … Continue reading

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