USD/CAD: Canada’s retail sales plunged in April

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.10% against the CAD and closed at 1.3609 on Friday. On the data front, Canada’s retail sales plunged 26.4% on a monthly basis in April, more than market … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Canada’s new house prices edged up in May

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CAD and closed at 1.3596. On the macro front, Canada’s new housing price index rose 0.1% on a monthly basis in May, less than market … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Canada’s consumer price index fell in May

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 4.03% against the CAD and closed at 1.3568. On the data front, Canada’s consumer price index fell 0.4% on a yearly basis in May, compared to a drop … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Loonie trading lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 3.85% against the CAD and closed at 1.3544. In the Asian session, at GMT0300, the pair is trading at 1.3560, with the USD trading 0.12% higher against the … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Canada’s manufacturing sales contracted in April

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 3.86% against the CAD and closed at 1.3545. On the data front, Canada’s manufacturing sales plunged 28.5% on a monthly basis in April, more than market expectations for … Continue reading

Posted in USD/CAD | Comments Off

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 4.23% against the CAD and closed at 1.3594 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.3630, with the USD trading 0.26% higher … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Loonie extends its losses in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 4.52% against the CAD and closed at 1.3631, as investors reassessed the prospects of global economy recovery from the coronavirus crisis. In the Asian session, at GMT0300, the … Continue reading

Posted in USD/CAD | Comments Off

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.78% against the CAD and closed at 1.3405. In the Asian session, at GMT0300, the pair is trading at 1.3427, with the USD trading 0.16% higher against the … Continue reading

Posted in USD/CAD | Comments Off

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.88% against the CAD and closed at 1.3418. In the Asian session, at GMT0400, the pair is trading at 1.3396, with the USD trading 0.16% lower against the … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Canada’s housing starts jumped in May

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 2.60% against the CAD and closed at 1.3381. On the data front, Canada’s housing starts climbed to 193.5K on a yearly basis in May, surpassing market expectations for … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Canada’s Ivey PMI rebounds from record low in May

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 3.10% against the CAD and closed at 1.3446 on Friday. On the data front, Canada’s unemployment rate climbed to 13.7% in May, less than market expectations and compared … Continue reading

Posted in USD/CAD | Comments Off