USD/CAD: Loonie trading a tad higher, ahead of Canada’s retail sales figures

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.37% against the CAD and closed at 1.2698. In the Asian session, at GMT0400, the pair is trading at 1.2694, with the USD trading slightly lower against the … Continue reading

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USD/CAD: Canada’s wholesale sales declined for first time in three months in December

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CAD and closed at 1.2649. Macroeconomic data indicated that Canada’s wholesale sales surprisingly eased 0.5% on a monthly basis in December, defying market expectations for … 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 0.19% against the CAD and closed at 1.2559. In the Asian session, at GMT0400, the pair is trading at 1.2580, with the USD trading 0.17% higher against the … 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 0.67% against the CAD and closed at 1.2560 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.2536, with the USD trading 0.19% lower … Continue reading

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USD/CAD: Canada’s existing home sales dropped in January

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.03% against the CAD and closed at 1.2485. Gains in the loonie were limited following dovish talks by the Bank of Canada Deputy Governor, Lawrence Schembri. Also, Canada’s … Continue reading

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USD/CAD: Loonie trading a tad higher, ahead of Canada’s existing home sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.57% against the CAD and closed at 1.2496. On the macro front, Canada’s Teranet/National Bank house price index climbed 0.3% on a monthly basis in January. In the … 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 0.07% against the CAD and closed at 1.2593. In the Asian session, at GMT0400, the pair is trading at 1.2564, with the USD trading 0.23% lower against the … Continue reading

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USD/CAD: Loonie trading slightly higher this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD and closed at 1.258. In the Asian session, at GMT0400, the pair is trading at 1.2576, with the USD trading a tad lower against … Continue reading

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USD/CAD: Canada’s unemployment rate unexpectedly rose in January, number of people employed dipped to a 9-year low in the same month

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CAD and closed at 1.2615 on Friday. The Canadian Dollar declined against the USD on Friday, following downbeat Canadian labour market report. Data revealed that … Continue reading

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USD/CAD: Canada’s housing starts slightly declined in January

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CAD and closed at 1.2595. On the data front, Canada’s seasonally adjusted housing starts fell less-than-anticipated to a level of 216.2K in January, compared to … Continue reading

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USD/CAD: Canada building permits advanced in December

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.5% against the CAD and closed at 1.2569. Macroeconomic data revealed that Canada’s building permits rebounded 4.8% MoM in December, higher than market expectations for a rise of … Continue reading

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