USD/CAD: Loonie trading higher in the morning session, ahead of Canada’s GDP data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.35% against the CAD and closed at 1.2993. In the Asian session, at GMT0300, the pair is trading at 1.2978, with the USD trading 0.12% lower against the … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: BoC’s Stephen Poloz signals rate hike in July

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.03% against the CAD and closed at 1.3038. The Canadian Dollar surged against the USD, after the Bank of Canada (BoC) Governor, Stephen Poloz, boosted speculation that an … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Loonie trading on a stronger footing, ahead of the BoC Governor’s speech

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.62% against the CAD and closed at 1.3174. In the Asian session, at GMT0300, the pair is trading at 1.3148, with the USD trading 0.2% 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 marginally rose against the CAD and closed at 1.3256. In the Asian session, at GMT0300, the pair is trading at 1.3254, with the USD trading slightly lower against the … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Canada’s annual inflation came in weaker-than-expected in May

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CAD and closed at 1.3266 on Friday. The Canadian Dollar weakened against the US Dollar, after data indicated that Canada’s consumer price index (CPI) climbed … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Canadian retail sales surged in April

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.71% against the CAD and closed at 1.3233. The Canadian Dollar gained ground, after Canada’s retail sales rose more-than-anticipated by 0.8% MoM in April, boosting optimism over the … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Loonie trading a tad higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.4% against the CAD and closed at 1.3332. In the Asian session, at GMT0300, the pair is trading at 1.3325, with the USD trading marginally lower against the … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Loonie trading marginally lower this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.35% against the CAD and closed at 1.3271. In economic news, Canada’s wholesale sales advanced above expectations by 1.0% on a monthly basis in April, following a revised … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Loonie trading slightly higher this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD and closed at 1.3225. In the Asian session, at GMT0300, the pair is trading at 1.3222, with the USD trading a tad lower against … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Loonie trading a tad lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.3% against the CAD and closed at 1.3214 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.3215, with the USD trading marginally higher … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Canada’s existing home sales declined by the most since August 2012 in May

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD and closed at 1.3254. The Canadian Dollar lost ground, after Canada’s existing home sales dropped 6.2% MoM in May, recording its biggest decline in … Continue reading

Posted in USD/CAD | Comments Off