USD/CAD: Canada’s Ivey–PMI declined in January, international merchandise trade deficit unexpectedly widened in December

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CAD and closed at 1.2498. In economic news, Canada’s seasonally adjusted Ivey–PMI fell to a level of 55.2 in January, compared to a reading of … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Loonie trading a tad lower this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.97% against the CAD and closed at 1.2535. In the Asian session, at GMT0400, the pair is trading at 1.2541, with the USD trading slightly higher against the … Continue reading

Posted in USD/CAD | Comments Off

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.85% against the CAD and closed at 1.2389 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.2420, with the USD trading 0.25% higher … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Canada’s manufacturing sector growth notched a 9-month high level in January

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.39% against the CAD and closed at 1.2266. On the economic front, Canada’s RBC manufacturing PMI increased to a level of 55.9 in January, surging to its highest … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Canada’s economy accelerates at its quickest pace in 6 months in November

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CAD and closed at 1.2308. The Canadian Dollar jumped against the USD, following strong Canadian GDP figures. Data showed that Canada’s gross domestic product (GDP) … Continue reading

Posted in USD/CAD | Comments Off

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD and closed at 1.2337. In the Asian session, at GMT0400, the pair is trading at 1.2318, with the USD trading 0.15% lower against the … Continue reading

Posted in USD/CAD | Comments Off

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded flat against the CAD and closed at 1.2340. In the Asian session, at GMT0400, the pair is trading at 1.2347, with the USD trading 0.06% higher against the … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Canada’s annual inflation cooled as anticipated in December

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.54% against the CAD and closed at 1.2321 on Friday. On the economic front, Canada’s consumer price index (CPI) climbed 1.9% on an annual basis in December, in … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Canadian retail sales grew less-than-expected in November

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CAD and closed at 1.2388. In economic news, Canada’s retail sales climbed 0.2% on a monthly basis in November, falling short of market expectations for … Continue reading

Posted in USD/CAD | Comments Off

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.65% against the CAD and closed at 1.2344. In the Asian session, at GMT0400, the pair is trading at 1.2315, with the USD trading 0.23% lower against the … Continue reading

Posted in USD/CAD | Comments Off

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD and closed at 1.2425. In the Asian session, at GMT0400, the pair is trading at 1.2414, with the USD trading 0.09% lower against the … Continue reading

Posted in USD/CAD | Comments Off