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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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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 0.08% against the CAD and closed at 1.2869. In the Asian session, at GMT0400, the pair is trading at 1.2867, with the USD trading marginally lower from yesterday’s … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian manufacturing sales unexpectedly dropped in October
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.59% against the CAD and closed at 1.2879 on Friday. In economic news, Canada’s manufacturing shipments surprisingly eased 0.4% on a monthly basis in October, defying market expectations … Continue reading
Posted in USD/CAD
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USD/CAD: Canada’s new housing price index climbed in October
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD and closed at 1.2803. On the data front, Canada’s new housing price index advanced 0.1% MoM in October, compared to a rise of 0.2% … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading on a stronger footing, ahead of BoC Governor’s speech
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.4% against the CAD and closed at 1.2821. On the data front, Canada’s Teranet/National Bank house price index fell 0.5% on a monthly basis in November. In the … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie reverses its losses in the morning session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CAD and closed at 1.2873. In the Asian session, at GMT0400, the pair is trading at 1.2854, with the USD trading 0.15% lower against the … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading a tad higher in the morning session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD and closed at 1.2857. In the Asian session, at GMT0400, the pair is trading at 1.2853, with the USD trading slightly lower against the … Continue reading
Posted in USD/CAD
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USD/CAD: Canada housing starts unexpectedly surged in November
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.09% against the CAD and closed at 1.2865 on Friday. Macroeconomic data revealed that Canada’s seasonally adjusted housing starts unexpectedly advanced to a level of 252.2K in November, … Continue reading
Posted in USD/CAD
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USD/CAD: Canada’s building permits topped market expectations in October
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.48% against the CAD and closed at 1.2854. The Canadian Dollar lost ground, extending its previous session losses, after the Bank of Canada tempered expectations for an interest … Continue reading
Posted in USD/CAD
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USD/CAD: BoC holds interest rate steady at 1.0%
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.76% against the CAD and closed at 1.2792. The Canadian Dollar lost ground, after the Bank of Canada (BoC), at its latest monetary policy meeting, struck a cautious … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading flat, ahead of BoC’s monetary policy decision
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.09% against the CAD and closed at 1.2695. On the data front, Canada’s international merchandise trade deficit narrowed more-than-expected to C$1.47 billion in October, following a revised deficit … Continue reading
Posted in USD/CAD
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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 declined 0.25% against the CAD and closed at 1.2684. In the Asian session, at GMT0400, the pair is trading at 1.2667, with the USD trading 0.13% lower against the … Continue reading
Posted in USD/CAD
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