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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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