USD/CAD: Canada’s manufacturing sector activity edged up in September

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CAD and closed at 1.2515. On the data front, Canada’s Markit manufacturing PMI climbed to a level of 55.0 in September, compared to a reading … Continue reading

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USD/CAD: Canadian economic growth stagnated in July

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.35% against the CAD and closed at 1.2478 on Friday. The Canadian Dollar lost ground against the USD, after data showed that Canada’s gross domestic product (GDP) remained … Continue reading

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USD/CAD: Loonie reverses its gains, ahead of Canada’s GDP data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.34% against the CAD and closed at 1.2435. In the Asian session, at GMT0300, the pair is trading at 1.2443, with the USD trading 0.06% higher against the … Continue reading

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USD/CAD: BoC Poloz signals caution in further interest rate hikes

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.96% against the CAD and closed at 1.2477. The Canadian Dollar lost ground against the USD after the Bank of Canada (BoC) Governor, Stephen Poloz, diminished hopes of … Continue reading

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USD/CAD: Loonie trading marginally higher, ahead of the BoC Governor’s speech

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.07% against the CAD and closed at 1.2358. In the Asian session, at GMT0300, the pair is trading at 1.2355, with the USD trading a tad lower against … Continue reading

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USD/CAD: Loonie trading marginally lower this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.28% against the CAD and closed at 1.2367. In the Asian session, at GMT0300, the pair is trading at 1.2368, with the USD trading a tad higher against … Continue reading

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USD/CAD: Canada’s annual inflation rose less-than-expected in August

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.06% against the CAD and closed at 1.2337 on Friday. The Canadian Dollar lost ground, after Canada’s consumer price index (CPI) advanced less-than-anticipated by 1.4% on an annual … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD and closed at 1.2329. In the Asian session, at GMT0300, the pair is trading at 1.2314, with the USD trading 0.12% lower against the … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CAD and closed at 1.2330. In the Asian session, at GMT0300, the pair is trading at 1.2337, with the USD trading 0.06% higher against 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 0.1% against the CAD and closed at 1.2291. In the Asian session, at GMT0300, the pair is trading at 1.2281, with the USD trading 0.08% lower against the … Continue reading

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USD/CAD: BoC tracking impact of rate hikes and a stronger currency on the economy: BoC’s Timothy Lane

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.82% against the CAD and closed at 1.2279. The Canadian Dollar declined against the USD, after one of the Bank of Canada’s (BoC) policymaker suggest “a cautious approach … Continue reading

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