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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CAD and closed at 1.3093. In the Asian session, at GMT0300, the pair is trading at 1.3114, with the USD trading 0.16% higher against the … 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 rose 0.52% against the CAD and closed at 1.3050 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.3062, with the USD trading 0.09% higher … Continue reading

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USD/CAD: Canada’s economic growth advanced higher-than-anticipated in June

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CAD and closed at 1.2983. On the macro front, Canada’s gross domestic product (GDP) advanced 2.4% on an annual basis in June, higher than market … Continue reading

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USD/CAD: Canada’s current account narrowed less than market expectations in 2Q

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD and closed at 1.2912. Data revealed that, Canada’s current account deficit narrowed less than expected to C$15.9 billion in 2Q 2018, following a revised … Continue reading

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USD/CAD: Loonie trading higher 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 1.2929. In the Asian session, at GMT0300, the pair is trading at 1.2908, with the USD trading 0.16% lower against the … Continue reading

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USD/CAD: Loonie trading lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.40% against the CAD and closed at 1.2964. In the Asian session, at GMT0300, the pair is trading at 1.2973, with the USD trading 0.07% higher against the … 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 0.76% against the CAD and closed at 1.3093. In the Asian session, at GMT0300, the pair is trading at 1.3090, with the USD trading slightly lower against the … Continue reading

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USD/CAD: Canada’s retail sales declined in June, at par with market expectations

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CAD and closed at 1.2994. Macroeconomic news indicated that, Canada’s retail sales eased 0.2% on a monthly basis in June, in line with market expectations … Continue reading

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USD/CAD: Loonie trading slightly higher this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD and closed at 1.3040. In the Asian session, at GMT0300, the pair is trading at 1.3033, with the USD trading 0.05% lower against the … Continue reading

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USD/CAD: Canada’s inflation climbed to a 7-year high level in July

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.73% against the CAD and closed at 1.3062 on Friday. In the economic news, Canada’s consumer price index (CPI) climbed 3.0% on an annual basis in July, notching … Continue reading

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USD/CAD: Canada’s manufacturing sales climbed more than forecast in June

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CAD and closed at 1.3158. Data indicated that Canada’s manufacturing shipments climbed 1.1% on a monthly basis in June, supported by a sharp increase in … Continue reading

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