USD/CAD: Loonie trading lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.99% against the CAD and closed at 1.3105. On the data front, Canada’s new housing price index recorded a flat reading for the second consecutive month in April, … 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 0.34% against the CAD and closed at 1.2976. In the Asian session, at GMT0300, the pair is trading at 1.2986, with the USD trading 0.08% higher against the … Continue reading

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USD/CAD: Loonie trading marginally lower this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CAD and closed at 1.3020. In the Asian session, at GMT0300, the pair is trading at 1.3023, with the USD trading slightly higher 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 rose 0.19% against the CAD and closed at 1.2985. In the Asian session, at GMT0300, the pair is trading at 1.2993, with the USD trading 0.06% higher against the … Continue reading

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USD/CAD: Canada’s housing starts surprisingly dropped in May, while unemployment rate remained steady in the same month

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CAD and closed at 1.2931 on Friday. Data released on Friday indicated that Canada’s seasonally adjusted housing starts unexpectedly declined to a level of 195.6K … Continue reading

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USD/CAD: Loonie trading a tad higher in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.30% against the CAD and closed at 1.2984. In the Asian session, at GMT0300, the pair is trading at 1.2981, with the USD trading slightly lower against the … Continue reading

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USD/CAD: Canadian trade deficit narrowed to a 6-month low level in April

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CAD and closed at 1.2959. On the macro front, Canada’s trade deficit contracted to a 6-month low level of C$1.90 billion in April, amid a surge … Continue reading

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USD/CAD: Loonie trading on stronger footing this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CAD and closed at 1.2975. In the Asian session, at GMT0300, the pair is trading at 1.2946, with the USD trading 0.22% lower 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 declined marginally against the CAD and closed at 1.2936. In the Asian session, at GMT0300, the pair is trading at 1.2933, with the USD trading a tad lower against … Continue reading

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USD/CAD: Loonie trading higher in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.10% against the CAD and closed at 1.2958 on Friday. Data indicated that Canada’s manufacturing PMI climbed to 56.2 in May. The manufacturing PMI had recorded a level … Continue reading

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USD/CAD: Canada’s economic growth slowest in 2 years in the first three months of 2018

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.43% against the CAD and closed at 1.2945. The Canadian Dollar declined against the US Dollar, following news that US will impose tariffs on steel and aluminium imported … Continue reading

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