USD/CAD: Loonie trading lower this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.44% against the CAD and closed at 1.3081. In the Asian session, at GMT0300, the pair is trading at 1.3065, with the USD trading 0.12% lower against the … Continue reading

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USD/CAD: Canada’s manufacturing shipments declined in August

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.69% against the CAD and closed at 1.3024. Data indicated that Canada’s manufacturing shipments retreated 0.4% on a monthly basis in August, lower than market expectations for a … Continue reading

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USD/CAD: Loonie reverses gains in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.39% against the CAD and closed at 1.2935. In the Asian session, at GMT0300, the pair is trading at 1.2956, with the USD trading 0.16% higher against the … Continue reading

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USD/CAD: BoC optimistic on the growth of businesses in 3Q

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CAD and closed at 1.2986. The Bank of Canada (BoC), in its business outlook survey for the three months ended mid-September indicated strong growth in … 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 0.06% against the CAD and closed at 1.3036 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.3022, with the USD trading 0.11% lower … Continue reading

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USD/CAD: Canada’s new housing price index advanced less-than-expected in August

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CAD and closed at 1.3028. Macroeconomic data showed that, Canada’s new housing price index rose 0.4% on a yearly basis in August, falling short of … Continue reading

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USD/CAD: Canada’s building permits rebounded less-than-estimated in August

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.81% against the CAD and closed at 1.3048. On the data front, Canada’s building permits rebounded 0.4% on a monthly basis in August, undershooting market consensus for an … Continue reading

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USD/CAD: Canada’s housing starts declined to its lowest level in two-years in September

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CAD and closed at 1.2943. On the data front, Canada’s seasonally adjusted housing starts unexpectedly fell to a two-year low level of 188.7K in September, … Continue reading

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USD/CAD: Loonie trading on a weaker footing in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD and closed at 1.2955. In the Asian session, at GMT0300, the pair is trading at 1.2961, with the USD trading 0.05% higher against the … Continue reading

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USD/CAD: Canada’s unemployment rate dipped in September

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CAD and closed at 1.2947 on Friday. On the data front, Canada’s jobless rate fell to 5.9% in September, in line with market expectations and … Continue reading

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USD/CAD: Canada’s Ivey PMI slid to two-year low level in September

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.38% against the CAD and closed at 1.2922. On the data front, Canada’s seasonally adjusted Ivey Purchasing Managers Index (PMI) dropped to a two-year low level of 50.4 … Continue reading

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