USDCAD Movement For the 24 hours to 23:00 GMT, the USD traded flat against the CAD and closed at 1.3235. On the data front, Canada’s Teranet/National Bank house price index recorded a rise of 2.2% MoM in May. In the … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.63% against the CAD and closed at 1.3235. The Canadian Dollar gained ground, after the Bank of Canada (BoC) Governor, Stephen Poloz signalled that the BoC could raise … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.94% against the CAD and closed at 1.3319. The Canadian Dollar gained ground, after hawkish comments by a senior Bank of Canada (BoC) official sparked hopes that the … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CAD and closed at 1.3466 on Friday. Macroeconomic data revealed that Canada’s unemployment rate rose to 6.6% in May, meeting market expectations. In the previous … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CAD and closed at 1.3515. On the data front, Canada’s seasonally adjusted housing starts dropped more-than-expected to a level of 194.7K in May, compared to … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.45% against the CAD and closed at 1.3509. On the macro front, Canada’s building permits unexpectedly eased 0.2% MoM in April, compared to a revised drop of 4.9% … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CAD and closed at 1.3448. On the macro front, Canada’s seasonally adjusted Ivey PMI registered a drop to a level of 53.8 in May, compared … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD and closed at 1.3477. In the Asian session, at GMT0300, the pair is trading at 1.3467, with the USD trading 0.07% lower from yesterday’s … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD and closed at 1.3493 on Friday. On Friday, data revealed that Canada’s international merchandise trade deficit fell to C$0.37 billion in April, compared to … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.1% against the CAD and closed at 1.3511. In economic news, Canada’s Markit manufacturing PMI declined to a level of 55.1 in May, compared to a reading of … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CAD and closed at 1.3497. On the data front, Canada gross domestic product (GDP) expanded more-than-estimated by 0.5% MoM in March, driven by higher consumer … Continue reading →