USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CAD and closed at 1.3469. On the macro front, Canada’s current account deficit widened more-than-expected to a level of C$14.1 billion in 1Q 2017, from … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CAD and closed at 1.3472. In the Asian session, at GMT0300, the pair is trading at 1.3474, with the USD trading a tad higher against … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.57% against the CAD and closed at 1.3488. In the Asian session, at GMT0300, the pair is trading at 1.3489, with the USD trading marginally higher against the … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.77% against the CAD and closed at 1.3411. At its recent monetary policy meeting, the Bank of Canada (BoC) held the benchmark interest rate unchanged at 0.50%. Although … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.03% against the CAD and closed at 1.3515. In economic news, wholesales sales rose less than expected by 0.9% in March, compared to a revised gain of 0.3% … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CAD and closed at 1.3519. In the Asian session, at GMT0300, the pair is trading at 1.3485, with the USD trading 0.25% lower from yesterday’s … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.7% against the CAD and closed at 1.3515 on Friday. Macroeconomic data showed that Canada’s consumer price inflation rose less than expected 1.6% YoY in April, matching the … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CAD and closed at 1.3610, following hawkish comments by the Cleveland Fed President regarding rate hikes. In the Asian session, at GMT0300, the pair is … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD and closed at 1.3584. On the data front, Canada’s manufacturing shipments rebounded 1.0% on a monthly basis in March, falling short of market expectations … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CAD and closed at 1.3609. In the Asian session, at GMT0300, the pair is trading at 1.3603, with the USD trading marginally lower against the … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.55% against the CAD and closed at 1.3629. Macroeconomic data showed that Canada’s existing home sales slid 1.7% on a monthly basis in April, following a rise of … Continue reading →