USD/CAD: Canada’s annual inflation surged by the most in 3 years in February

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CAD and closed at 1.2868 on Friday. The Canadian Dollar advanced against the USD on Friday, following better-than-anticipated Canadian inflation figures. Data revealed that Canada’s … 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 0.34% against the CAD and closed at 1.2938. In the Asian session, at GMT0400, the pair is trading at 1.2920, with the USD trading 0.14% lower against CAD … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.98% against the CAD and closed at 1.2900. In the Asian session, at GMT0400, the pair is trading at 1.2893, with the USD trading 0.10% lower against the … Continue reading

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USD/CAD: Loonie trading higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CAD and closed at 1.3075. In the Asian session, at GMT0400, the pair is trading at 1.3022, with the USD trading 0.41% lower against the … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.19% against the CAD and closed at 1.3079. In the Asian session, at GMT0400, the pair is trading at 1.3082, with the USD trading a tad higher against … 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 0.28% against the CAD and closed at 1.3095 on Friday. In economic news, Canada’s manufacturing shipments eased 1.0% on a monthly basis in January, higher than market expectations … Continue reading

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USD/CAD: Canada’s existing home sales sharply deteriorated in February

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.8% against the CAD and closed at 1.3057. The Canadian Dollar declined against the USD, after Canada’s existing home sales slid 6.5% on a monthly basis in February, … Continue reading

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USD/CAD: Loonie trading on a stronger footing, ahead of Canada’s existing home sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.1% against the CAD and closed at 1.2957. On the data front, Canada’s Teranet/National Bank house price index registered a drop of 0.1% on a monthly basis in … Continue reading

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USD/CAD: OECD raised its 2018 growth outlook for Canadian economy

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.91% against the CAD and closed at 1.2957. Yesterday, the Paris-based think tank, OECD nudged up its growth forecast for Canada to 2.2% in 2018, up from 2.1% … Continue reading

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USD/CAD: Loonie trading a tad higher, ahead of BoC Governor’s speech

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.3% against the CAD and closed at 1.2844. In the Asian session, at GMT0400, the pair is trading at 1.2842, with the USD trading marginally lower against the … Continue reading

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USD/CAD: Canada’s unemployment rate surprisingly declined in February

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.58% against the CAD and closed at 1.2829 on Friday. The Canadian Dollar advanced against the USD on Friday, after Canada’s unemployment rate unexpectedly eased to 5.8% in … Continue reading

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