USD/CAD: Canada’s existing home sales advanced in July

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.69% against the CAD and closed at 1.3142. Data showed that Canada’s existing home sales climbed 1.9% on a monthly basis in July following a rise of 4.1% … 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 0.54% against the CAD and closed at 1.3052. In the Asian session, at GMT0300, the pair is trading at 1.3074, with the USD trading 0.17% higher against the … Continue reading

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USD/CAD: Loonie extends its gains in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.25% against the CAD and closed at 1.3126. In the Asian session, at GMT0300, the pair is trading at 1.3115, with the USD trading 0.08% lower against the … Continue reading

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USD/CAD: Canada’s unemployment rate fell to a four-decade low in July

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.53% against the CAD and closed at 1.3120 on Friday. Data showed that Canada’s unemployment rate declined to a rate of 5.8% in July, hitting its lowest level … Continue reading

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USD/CAD: Canada’s housing starts fell more than market expectations in July

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CAD and closed at 1.3051. Macroeconomic data revealed that Canada’s seasonally adjusted housing starts declined to a level of 206.3K in July, compared to a … Continue reading

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USD/CAD: Canada’s building permits retreated in June

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.32% against the CAD and closed at 1.3018. Data showed that, Canada’s building permits retreated 2.3% on monthly basis in June, amid weakness in the residential sector and … Continue reading

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USD/CAD: Canada’s Ivey purchasing managers index expanded at a slower pace in June

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.44% against the CAD and closed at 1.3060. Macroeconomic data showed that Canada’s seasonally adjusted Ivey PMI expanded at a slower pace to record a level of 61.8 … Continue reading

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USD/CAD: Loonie trading reverses its losses in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD and closed at 1.3003. In the Asian session, at GMT0300, the pair is trading at 1.2993, with the USD trading 0.08% lower against the … 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 declined 0.25% against the CAD and closed at 1.2989 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.2998, with the USD trading 0.07% higher … Continue reading

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USD/CAD: Loonie reverses its losses in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CAD and closed at 1.3021. In the Asian session, at GMT0300, the pair is trading at 1.3014, with the USD trading 0.05% 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 0.18% against the CAD and closed at 1.2997. The Canadian dollar strengthened against the US dollar, after the US Federal Reserve left interest rates on hold and amid … Continue reading

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