USD/CAD: Canadian unemployment rate fell to its lowest in nearly a decade in November

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.54% against the CAD and closed at 1.2698 on Friday. The Canadian Dollar gained ground against the USD on Friday, after the latest Canadian jobs data painted a … Continue reading

Posted in USD/CAD | Comments Off

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.25% against the CAD and closed at 1.2896. In the Asian session, at GMT0400, the pair is trading at 1.2876, with the USD trading 0.16% lower against the … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Loonie trading a tad higher this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.41% against the CAD and closed at 1.2864. In the Asian session, at GMT0400, the pair is trading at 1.2860, with the USD trading marginally lower against the … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Canada’s economic growth forecasted to slow next year: OECD

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.39% against the CAD and closed at 1.2812. Yesterday, the OECD projected the Canadian economy to accelerate 3.0% this year, before slowing to 2.1% in 2018 and 1.9% … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Loonie trading flat, ahead of BoC Governor’s speech

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.33% against the CAD and closed at 1.2762. In the Asian session, at GMT0400, the pair is trading at 1.2762, with the USD trading flat against the CAD … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Loonie trading marginally lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CAD and closed at 1.2711 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.2714, with the USD trading a tad … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Canada’s retail sales post modest gains in September

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.09% against the CAD and closed at 1.2713. The Canadian Dollar declined against the USD, on the back of disappointing Canadian retail sales data. Macroeconomic data revealed that … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Loonie trading marginally lower, ahead of Canada’s retail sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.6% against the CAD and closed at 1.2702. In the Asian session, at GMT0400, the pair is trading at 1.2703, with the USD trading slightly higher 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 0.25% against the CAD and closed at 1.2779. On the macro front, Canada’s wholesale sales surprisingly eased 1.2% on a monthly basis in September, confounding market consensus for … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Loonie trading slightly higher in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD and closed at 1.2811. In the Asian session, at GMT0400, the pair is trading at 1.2806, with the USD trading a tad lower against … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Canada’s annual inflation slowed for the first time in 4 months in October

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CAD and closed at 1.2755 on Friday. The Canadian Dollar fell against the USD, after downbeat inflation data in Canada diminished the prospects for a … Continue reading

Posted in USD/CAD | Comments Off