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- Crude Oil: Oil trading higher ahead of Baker Hughes weekly rig count data
- Silver; White metal trading on a weaker footing this morning
- Gold: Yellow metal reverses it gains in the Asian session
- AUD/USD: Australia’s retail sales climbed in July
- USD/CAD: Loonie trading on a stronger footing this morning
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USD/CAD: Loonie trading a tad lower, ahead of Canada’s GDP data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.18% against the CAD and closed at 1.3639. Yesterday, the US President, Donald Trump, pledged to keep the US in the North American Free Trade Agreement (NAFTA). In … Continue reading
Posted in USD/CAD
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USD/CAD: Canadian retail sales surprisingly declined in February
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.32% against the CAD and closed at 1.3615. The Canadian Dollar lost ground, on reports that the US is considering withdrawal from the North American Free Trade Agreement … Continue reading
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USD/CAD: Loonie trading a tad higher, ahead of Canada’s retail sales data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.43% against the CAD and closed at 1.3572. In the Asian session, at GMT0300, the pair is trading at 1.3568, with the USD trading slightly lower against the … Continue reading
Posted in USD/CAD
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USD/CAD: US to impose 20.0% duties on Canadian softwood lumber
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CAD and closed at 1.3514. The Canadian Dollar lost ground after the US announced its first batch of duties on imported wood from Canada. The … Continue reading
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USD/CAD: Canada’s annual inflation slowed in March
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.28% against the CAD and closed at 1.3503 on Friday. The Canadian Dollar lost ground, after the consumer price index (CPI) in Canada advanced less-than-anticipated by 1.6% YoY … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading on a weaker footing, ahead of Canada’s March inflation figures
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.1% against the CAD and closed at 1.3465. In the Asian session, at GMT0300, the pair is trading at 1.3479, with the USD trading 0.1% higher against the … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie reverses its losses in the morning session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.71% against the CAD and closed at 1.3478. In the Asian session, at GMT0300, the pair is trading at 1.3477, with the USD trading marginally lower against the … Continue reading
Posted in USD/CAD
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USD/CAD: Canada’s existing home sales advanced in March
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.44% against the CAD and closed at 1.3383. In economic news, Canada’s existing home sales climbed 1.1% on a monthly basis in March, following a rise of 5.2% … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie reverses its losses in the Asian session, ahead of Canada’s existing home sales data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CAD and closed at 1.3324. On Thursday, data revealed that Canada’s new housing price index advanced 0.4% on a monthly basis in February, more than … Continue reading
Posted in USD/CAD
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USD/CAD: BoC leaves key interest rate unchanged at 0.50%
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.62% against the CAD and closed at 1.3245. Yesterday, the Bank of Canada (BoC) left the benchmark interest rate unchanged at 0.50%, as widely expected. Further, the BoC … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading a tad lower, ahead of BoC’s interest rate decision
USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CAD and closed at 1.3328. In the Asian session, at GMT0300, the pair is trading at 1.3333, with the USD trading marginally higher against the … Continue reading
Posted in USD/CAD
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