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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.27% against the CAD and closed at 1.2874. In the Asian session, at GMT0300, the pair is trading at 1.2871, with the USD trading slightly lower against the … Continue reading

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USD/CAD: Loonie trading slightly lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.1% against the CAD and closed at 1.2839. In the Asian session, at GMT0300, the pair is trading at 1.2843, with the USD trading a tad higher against … Continue reading

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USD/CAD: Loonie trading lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD and closed at 1.2826. In the Asian session, at GMT0300, the pair is trading at 1.2839, with the USD trading 0.10% higher against the … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.69% against the CAD and closed at 1.2844. In the Asian session, at GMT0300, the pair is trading at 1.2833, with the USD trading 0.09% lower against the … Continue reading

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USD/CAD: Canada’s annual inflation growth softer-than-anticipated in March

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.69% against the CAD and closed at 1.2753 on Friday. The Canadian Dollar declined against the USD, following weaker-than-expected rise in Canadian inflation. Data indicated that Canada’s consumer … Continue reading

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USD/CAD: Loonie trading a tad lower, ahead of Canada’s inflation data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CAD and closed at 1.2665. In the Asian session, at GMT0300, the pair is trading at 1.2668, with the USD trading slightly higher against the … Continue reading

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USD/CAD: BoC stands pat on interest rate, remains “cautious” over future rate hikes

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.56% against the CAD and closed at 1.2625. Yesterday, the Bank of Canada (BoC), at its April monetary policy meeting, decided to keep the key interest rate unchanged … Continue reading

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USD/CAD: Canada’s manufacturing shipments advanced in February

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD and closed at 1.2555. On the data front, Canada’s manufacturing shipments grew 1.9% on a monthly basis in February, beating market consensus for a … 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 0.32% against the CAD and closed at 1.2569. In the Asian session, at GMT0300, the pair is trading at 1.2572, with the USD trading marginally higher against the … Continue reading

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USD/CAD: Canada’s existing home sales climbed in March

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD and closed at 1.2606 on Friday. Macroeconomic data indicated that Canada’s existing home sales rebounded 1.3% on a monthly basis, in March, after recording … Continue reading

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USD/CAD: Canada’s new house price index surprisingly fell in February

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CAD and closed at 1.2590. On the economic front, Canada’s new housing price index unexpectedly eased 0.2% on a monthly basis in February, confounding market … Continue reading

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