USD/CAD: Canada’s manufacturing shipments advanced more-than-estimated in July

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.65% against the CAD and closed at 1.2972. On the data front, Canada’s manufacturing shipments rose 0.9% on a monthly basis in July, higher than market expectations for … Continue reading

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USD/CAD: Canada’s existing home sales climbed for the fourth consecutive month in August

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD and closed at 1.3057. Macroeconomic data indicated that Canada’s existing home sales advanced 0.9% on a monthly basis in August, rising for the fourth … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.28% against the CAD and closed at 1.3038 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.3033, with the USD trading a tad … Continue reading

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USD/CAD: Canada’s new house price index rose as estimated in July

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose slightly against the CAD and closed at 1.3001. Data indicated that, Canada’s new housing price index advanced 0.1% on a monthly basis in July, in line with market … 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 declined 0.41% against the CAD and closed at 1.3000. In the Asian session, at GMT0300, the pair is trading at 1.3005, with the USD trading slightly higher against the … Continue reading

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USD/CAD: Canada’s housing starts surprisingly declined for the second consecutive month in August

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.82% against the CAD and closed at 1.3053. The Canadian dollar gained ground against US dollar, after Canada signalled that it was ready to make a concession to … 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 0.16% against the CAD and closed at 1.3161. In the Asian session, at GMT0300, the pair is trading at 1.3155, with the USD trading 0.05% lower against the … Continue reading

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USD/CAD: Canada’s jobless rate advanced more-than-estimated in August

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CAD and closed at 1.3180 on Friday. The Canadian dollar weakened against the US dollar, following disappointing Canada’s jobs data. Macroeconomic data revealed that, Canada’s … Continue reading

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USD/CAD: Canada’s building permits unexpectedly dropped in July

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.17% against the CAD and closed at 1.3152. On the data front, Canada’s building permits unexpectedly eased 0.1% on a monthly basis in July, defying market expectations for … Continue reading

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USD/CAD: BoC kept its benchmark interest rate unchanged at 1.50%

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CAD and closed at 1.3174. The Bank of Canada (BoC), in its September monetary policy meeting, opted to leave its key interest rate unchanged at … Continue reading

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USD/CAD: Canada’s manufacturing PMI dipped in August

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.65% against the CAD and closed at 1.3178. In economic news, Canada’s manufacturing PMI dropped to a 4-month low level of 56.8 in August, following a reading of … Continue reading

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