USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 3.48% against the CAD and closed at 1.3496. The Canadian dollar declined against the US dollar, amid fall in oil prices and decline in exports. On the data … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 3.54% against the CAD and closed at 1.3504. The Bank of Canada (BoC), in its interest rate decision, kept its key interest rate unchanged at 0.25%, as widely … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 3.72% against the CAD and closed at 1.3527. In the Asian session, at GMT0300, the pair is trading at 1.3508, with the USD trading 0.14% lower against the … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 4.10% against the CAD and closed at 1.3577. On the data front, Canada’s Markit manufacturing PMI climbed to 40.6 in May, compared to a level of 33.0 in … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 5.56% against the CAD and closed at 1.3767 on Friday. On the data front, Canada’s annualised gross domestic product (GDP) dropped 8.2% on a quarterly basis in the … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 5.63% against the CAD and closed at 1.3776. On the data front, Canada’s current account deficit widened to C$11.1 billion in the first quarter of 2020, more than … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 5.51% against the CAD and closed at 1.3760. On the macro front, Canada’s building permits dropped 17.1% on a monthly basis in April, compared to a revised decline … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 5.68% against the CAD and closed at 1.3783. In the Asian session, at GMT0300, the pair is trading at 1.3787, with the USD trading marginally higher against the … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 7.18% against the CAD and closed at 1.3978. On the data front, Canada’s retail sales dropped 10.0% on a monthly basis in March, in line with market expectations … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 6.97% against the CAD and closed at 1.3951. On the data front, Canada’s ADP employment declined by 226.7K in April, compared to a revised decline of 17.2K in … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 6.59% against the CAD and closed at 1.3902. On the data front, Canada’s consumer price index fell 0.2% on a yearly basis in April, more than market forecast … Continue reading →