USD/CAD: Loonie trading lower, ahead of Canada’s existing home sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.67% against the CAD and closed at 1.2648 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.2656, with the USD trading 0.06% higher … Continue reading

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USD/CAD: Canada’s new house price index came in better-than-anticipated in May

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.2% against the CAD and closed at 1.2733. Macroeconomic data indicated that Canada’s new housing price index rose more-than-expected by 0.7% on a monthly basis in May, compared … Continue reading

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USD/CAD: BoC raised interest rates for the first time since 2010

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.21% against the CAD and closed at 1.2758. The Canadian Dollar gained ground, after the Bank of Canada (BoC), at its latest monetary policy meeting, raised its key … Continue reading

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USD/CAD: Canada’s housing starts rose more-than-expected in June

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CAD and closed at 1.2914. Macroeconomic data showed that Canada’s seasonally adjusted housing starts climbed to a level of 212.7K in June, compared to a … Continue reading

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USD/CAD: Loonie trading marginally lower, ahead of Canada’s housing starts data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD and closed at 1.2891. In the Asian session, at GMT0300, the pair is trading at 1.2893, with the USD trading slightly higher against the … Continue reading

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USD/CAD: Canada’s unemployment rate surprisingly fell in June, job growth surged in the same month

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.69% against the CAD and closed at 1.2888 on Friday. The Canadian Dollar gained ground against the USD, following robust Canadian jobs report that cemented expectations of an … Continue reading

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USD/CAD: Canada’s building permits surged in May

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD and closed at 1.2978. Macroeconomic data indicated that Canada’s building permits jumped 8.9% on a monthly basis in May, higher than market expectations for … Continue reading

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USD/CAD: Loonie extends its losses, ahead of Canada’s building permits data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CAD and closed at 1.2957. In the Asian session, at GMT0300, the pair is trading at 1.2973, with the USD trading 0.12% higher against the … Continue reading

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USD/CAD: Canada’s manufacturing sector activity declined to a 4-month low in June

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.52% against the CAD and closed at 1.2937. On the macro front, Canada’s Markit manufacturing PMI eased to a four-month low level of 54.7 in June, suggesting a … Continue reading

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USD/CAD: Loonie trading higher, ahead of Canada’s manufacturing PMI data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CAD and closed at 1.3005. In the Asian session, at GMT0300, the pair is trading at 1.2993, with the USD trading 0.09% lower against the … Continue reading

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USD/CAD: Canada’s economy expanded as expected in April

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.23% against the CAD and closed at 1.2963 on Friday. The Canadian Dollar gained ground, after Canada’s gross domestic product (GDP) rose 0.2% on a monthly basis in … Continue reading

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