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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CAD and closed at 1.3709 on Friday. On the data front, Canada’s Teranet/National Bank house price index rose 1.2% in April, following a gain of … Continue reading

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USD/CAD: Canada’s new house price index climbed in March

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.2% against the CAD and closed at 1.3703. On the macro front, Canada’s new housing price index registered a rise of 0.2% on a monthly basis in March, … Continue reading

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USD/CAD: Loonie reverses its gains in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CAD and closed at 1.3676. In the Asian session, at GMT0300, the pair is trading at 1.3726, with the USD trading 0.37% higher against the … Continue reading

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USD/CAD: Canada’s building permits unexpectedly dropped in March

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.07% against the CAD and closed at 1.3705. On the data front, Canada’s building permits unexpectedly eased 5.8% on a monthly basis in March, defying market expectations for … Continue reading

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USD/CAD: Canada’s housing starts declined in March

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.33% against the CAD and closed at 1.3695. Macroeconomic data indicated that Canada’s seasonally adjusted housing starts fell more-than-expected to a level of 214.1K in April, from a … Continue reading

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USD/CAD: Canada’s unemployment rate dips to 9-year low in April

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.68% against the CAD and closed at 1.3658 on Friday. The Canadian Dollar gained ground, after data revealed that Canada’s unemployment rate surprisingly fell to 6.5% in April, … Continue reading

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USD/CAD: Canada’s trade deficit sharply narrowed in March

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.16% against the CAD and closed at 1.3751. On the macro front, Canada’s international merchandise trade deficit narrowed more-than-anticipated to a level C$0.14 billion in March, amid a … 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 0.18% against the CAD and closed at 1.3729. In the Asian session, at GMT0300, the pair is trading at 1.3721, with the USD trading 0.06% lower against the … Continue reading

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USD/CAD: Loonie trading lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CAD and closed at 1.3704. In the Asian session, at GMT0300, the pair is trading at 1.3718, with the USD trading 0.1% higher against the … Continue reading

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USD/CAD: Canada’s manufacturing sector activity advanced in April

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CAD and closed at 1.3673. In economic news, Canada’s Markit manufacturing PMI rose to a level of 55.9 in April, compared to a level of … Continue reading

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USD/CAD: Canada’s manufacturing sector activity advanced in April

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CAD and closed at 1.3673. In economic news, Canada’s Markit manufacturing PMI rose to a level of 55.9 in April, compared to a level of … Continue reading

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