USD/CAD: Canada’s Markit manufacturing PMI dropped in April

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 7.74% against the CAD and closed at 1.4051 on Friday. On the data front, Canada’s Markit manufacturing PMI dropped to 33.0 in April, more than market expectations for … Continue reading

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USD/CAD: Canada’s GDP remained flat in February

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 7.01% against the CAD and closed at 1.3956. On the data front, Canada’s gross domestic product (GDP) remained flat on a monthly basis in February, compared to a … Continue reading

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USD/CAD: Loonie trading lower, ahead of Canada’s GDP data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 6.43% against the CAD and closed at 1.3881. In the Asian session, at GMT0300, the pair is trading at 1.3883, with the USD trading marginally higher against the … Continue reading

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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 7.33% against the CAD and closed at 1.3998. In the Asian session, at GMT0300, the pair is trading at 1.3947, with the USD trading 0.36% lower against the … Continue reading

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USD/CAD: Loonie trading on a weaker footing this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 7.51% against the CAD and closed at 1.4021. In the Asian session, at GMT0300, the pair is trading at 1.4059, with the USD trading 0.27% higher against the … 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 8.08% against the CAD and closed at 1.4096 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.4071, with the USD trading 0.18% lower … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 7.87% against the CAD and closed at 1.4068. In the Asian session, at GMT0300, the pair is trading at 1.4073, with the USD trading slightly higher against the … Continue reading

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USD/CAD: Canada’s consumer price inflation slowed to a five year low in March

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 8.63% against the CAD and closed at 1.4167. On the data front, Canada’s consumer price inflation slowed to 0.9% on a yearly basis in March, amid coronavirus crisis … 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 8.89% against the CAD and closed at 1.4202. On the data front, Canada’s retail sales rose 0.3% on a monthly basis in February, compared to a revised rise … Continue reading

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USD/CAD: Canada’s wholesale sales climbed in February

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 8.28% against the CAD and closed at 1.4122. On the data front, Canada’s wholesale sales rose 0.7% on a monthly basis in February, compared to a rise of … Continue reading

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USD/CAD: Canada’s manufacturing sales rose in February

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 7.61% against the CAD and closed at 1.4034. On the data front, Canada’s manufacturing sales unexpectedly rose 0.5% on a monthly basis in February, defying market forecast for … Continue reading

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