USD/CAD: Canada’s GDP beats expectations in April

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.81% against the CAD and closed at 1.3149 on Friday. The Canadian dollar rose on Friday, after Canada’s gross domestic product (GDP) surprisingly rose in April. Data released … Continue reading

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USD/CAD: Loonie trading higher, ahead of GDP data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.56% against the CAD and closed at 1.3257. In the Asian session, at GMT0300, the pair is trading at 1.3235, with the USD trading 0.17% lower against the … Continue reading

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USD/CAD: BoC Governor, Stephen Poloz, keeps markets guessing on July rate move

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CAD and closed at 1.3331. Yesterday, the Bank of Canada Governor, Stephen Poloz, stated that the impact of US trade fight and tighter mortgage rules … 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 rose 0.08% against the CAD and closed at 1.3302. In the Asian session, at GMT0300, the pair is trading at 1.3323, with the USD trading 0.16% higher against the … Continue reading

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USD/CAD: Loonie trading slightly lower this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD remained flat against the CAD and closed at 1.3292. In the Asian session, at GMT0300, the pair is trading at 1.3295, with the USD trading marginally higher against the … Continue reading

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USD/CAD: Canadian May CPI misses market expectations, retail sales unexpectedly falls in April

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.34% against the CAD and closed at 1.3271 on Friday. Data indicated that Canada’s consumer price index (CPI) rose by 2.2% on an annual basis in May, less … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.05% against the CAD and closed at 1.3316. In the Asian session, at GMT0300, the pair is trading at 1.3307, with the USD trading 0.07% lower against the … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CAD and closed at 1.3310. In the Asian session, at GMT0300, the pair is trading at 1.3308, with the USD trading marginally lower against the … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.61% against the CAD and closed at 1.3282. In the Asian session, at GMT0300, the pair is trading at 1.3279, with the USD trading a tad lower against … 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 marginally against the CAD and closed at 1.3202. In the Asian session, at GMT0300, the pair is trading at 1.3215, with the USD trading 0.10% higher against the … Continue reading

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USD/CAD: Canada’s manufacturing sales unexpectedly declined in April

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.46% against the CAD and closed at 1.3193 on Friday. The Canadian Dollar declined against the USD, after Canada’s manufacturing sales unexpectedly declined by 1.3% on a monthly … Continue reading

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