USD/CAD: Canadian economy expanded at its fastest annualised rate in nearly six years in 2Q 2017

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.13% against the CAD and closed at 1.2480. The Canadian Dollar gained ground, after Canada’s gross domestic product (GDP) advanced 0.3% on a monthly basis in June, surpassing … Continue reading

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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 0.9% against the CAD and closed at 1.2623. In the Asian session, at GMT0300, the pair is trading at 1.2644, with the USD trading 0.17% higher against the … Continue reading

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USD/CAD: Loonie trading flat in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CAD and closed at 1.2510. In the Asian session, at GMT0300, the pair is trading at 1.2510, with the USD trading flat against the CAD … Continue reading

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USD/CAD: Loonie trading higher in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.34% against the CAD and closed at 1.2515. In the Asian session, at GMT0300, the pair is trading at 1.2504, with the USD trading 0.09% lower against the … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.24% against the CAD and closed at 1.2517. In the Asian session, at GMT0300, the pair is trading at 1.2509, with the USD trading 0.06% lower against the … Continue reading

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USD/CAD: Loonie trading a tad higher this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CAD and closed at 1.2547. In the Asian session, at GMT0300, the pair is trading at 1.2544, with the USD trading marginally lower against the … Continue reading

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USD/CAD: Canada’s retail sales posted a modest rise in June

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD and closed at 1.2567. On the economic front, Canada’s retail sales rose 0.1% MoM in June, lower than market expectations for a rise of … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD and closed at 1.2562. On the macro front, Canada’s wholesale sales fell 0.5% in June, meeting market expectations and compared to a revised rise … Continue reading

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USD/CAD: Canadian annual inflation rose as expected in July

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.8% against the CAD and closed at 1.2578 on Friday. The Canadian dollar rose against the USD, after Canada’s consumer price index advanced 1.2% on an annual basis … 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 rose 0.41% against the CAD and closed at 1.2679. In economic news, Canada’s manufacturing shipments declined 1.8% on a monthly basis in June, higher than market expectations for a … Continue reading

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USD/CAD: Loonie trading on a stronger footing this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.99% against the CAD and closed at 1.2627. In the Asian session, at GMT0300, the pair is trading at 1.2612, with the USD trading 0.12% lower against the … Continue reading

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