USD/CAD: Canada’s consumer price inflation slowed in November

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD and closed at 1.3483. On the macro front, Canada’s consumer price inflation slowed to 1.7% on an annual basis in November, marking its weakest … Continue reading

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USD/CAD: Canada’s manufacturing shipments surprisingly eased in October

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the CAD and closed at 1.3465. Data indicated that Canada’s manufacturing shipments unexpectedly declined 0.1% on a monthly basis in October, defying market expectations for a … Continue reading

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USD/CAD: Canada’s existing home sales declined in November

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.28% against the CAD and closed at 1.3414. In economic news, Canada’s existing home sales eased 2.3% on a monthly basis in November, compared to a fall of … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD and closed at 1.3373 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.3379, with the USD trading marginally higher … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD remained flat against the CAD and closed at 1.3351. In economic news, Canada’s new house price index rose 0.1% on an annual basis in October, in line with market … 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 0.27% against the CAD and closed at 1.3351. In the Asian session, at GMT0400, the pair is trading at 1.3358, with the USD trading 0.05% higher 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 declined 0.06% against the CAD and closed at 1.3387. In the Asian session, at GMT0400, the pair is trading at 1.3377, with the USD trading 0.07% lower against the … Continue reading

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USD/CAD: Canada’s housing starts surprisingly rose in November

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.71% against the CAD and closed at 1.3395. Data revealed that Canada’s seasonally adjusted housing starts unexpectedly advanced to a level of 215.9K in November, defying market expectations … Continue reading

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USD/CAD: Canada unemployment rate slid to its lowest level since 1976 in November

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.73% against the CAD and closed at 1.3293 on Friday. In economic news, Canada’ unemployment rate unexpectedly declined to a 42-year low level of 5.6% in November, defying … Continue reading

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USD/CAD Canada’s Ivey purchasing managers index slid in November

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CAD and closed at 1.3391. Macroeconomic data revealed that Canada’s seasonally adjusted Ivey PMI declined to a level of 57.2 in November, compared to a … Continue reading

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USD/CAD: The Bank of Canada left its interest rate steady at 1.75%, as widely expected

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.75% against the CAD and closed at 1.3360. The Canadian dollar fell against the US dollar, following dovish remarks by the Bank of Canada (BoC) during its monetary … Continue reading

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