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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD and closed at 1.2575. In the Asian session, at GMT0300, the pair is trading at 1.2585, with the USD trading 0.08% higher against the … Continue reading

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USD/CAD: Canada housing starts slid in March, building permits fell in February

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.85% against the CAD and closed at 1.2598. In economic news, Canada’s seasonally adjusted housing starts declined less-than-expected to a level of 225.2K in March, from a revised … Continue reading

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USD/CAD: Business mood continues to be positive: BoC survey

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.52% against the CAD and closed at 1.2706. The Canadian Dollar gained ground against the USD, after a business survey by the Bank of Canada (BoC) supported expectations … Continue reading

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USD/CAD: Canada’s unemployment rate remained unchanged in March

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CAD and closed at 1.2768 on Friday. On the economic front, the unemployment rate in Canada remained steady at 5.8% in March, in line with … 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 0.14% against the CAD and closed at 1.2779. On the data front, Canada’s international merchandise trade deficit widened more-than-estimated to C$2.69 billion in February, following a revised deficit … Continue reading

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USD/CAD: Loonie trading a tad lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.3% against the CAD and closed at 1.2761. The Canadian Dollar gained ground against the USD, amid growing optimism over a North American Free Trade Agreement (NAFTA) trade … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.9% against the CAD and closed at 1.2799. In the Asian session, at GMT0300, the pair is trading at 1.2786, with the USD trading 0.1% lower against the … Continue reading

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USD/CAD: Canada’s economy unexpectedly shrank in January

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CAD and closed at 1.2915. In economic news, Canada’s RBC manufacturing PMI advanced to a level of 55.7 in March, compared to a reading of … Continue reading

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USD/CAD: Loonie trading marginally higher, ahead of Canada’s GDP data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.33% against the CAD and closed at 1.2924. In the Asian session, at GMT0300, the pair is trading at 1.292, with the USD trading slightly lower against the … 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 0.23% against the CAD and closed at 1.2882. In the Asian session, at GMT0300, the pair is trading at 1.2875, with the USD trading 0.10% lower 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 0.08% against the CAD and closed at 1.2852. In the Asian session, at GMT0300, the pair is trading at 1.2833, with the USD trading 0.15% lower against the … Continue reading

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