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- USD/CAD: Loonie trading on a stronger footing this morning
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USD/CAD: Canada’s new house price index climbed as expected in January
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD and closed at 1.3509. On the economic front, Canada’s new housing price index advanced 0.1% in January, in line with market anticipations and compared … Continue reading
Posted in USD/CAD
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USD/CAD: Canada’s housing starts surprisingly jumped in February
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.62% against the CAD and closed at 1.3492. In economic news, Canada’s seasonally adjusted housing starts unexpectedly advanced to a level of 210.2K in February, confounding market consensus … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading higher, ahead of Canada’s building permits and housing starts data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD and closed at 1.3409. Macroeconomic data revealed that Canada’s seasonally adjusted Ivey PMI unexpectedly eased to a level of 55.0 in February, compared to … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading on a stronger footing, ahead of Canada’s Ivey PMI
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CAD and closed at 1.3410. In the Asian session, at GMT0400, the pair is trading at 1.3390, with the USD trading 0.15% lower against the … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading a tad higher in the morning session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD and closed at 1.3399 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.3396, with the USD trading slightly lower … Continue reading
Posted in USD/CAD
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USD/CAD: Canada’s GDP expanded as expected in December
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.49% against the CAD and closed at 1.3392. On the data front, Canada’s gross domestic product (GDP) climbed 0.3% MoM in December, meeting market anticipations and after recording … Continue reading
Posted in USD/CAD
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USD/CAD: BoC holds benchmark interest rate steady at 0.5%
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD and closed at 1.3327. Yesterday, the Bank of Canada (BoC) left key interest rate steady at 0.5% and reiterated previous warnings about the “significant … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading marginally higher, ahead of BoC’s interest rate decision
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.93% against the CAD and closed at 1.3308. In the Asian session, at GMT0400, the pair is trading at 1.3304, with the USD trading slightly lower against the … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading marginally lower in the morning session
USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.63% against the CAD and closed at 1.3186. In the Asian session, at GMT0400, the pair is trading at 1.3188, with the USD trading a tad higher against … Continue reading
Posted in USD/CAD
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USD/CAD: Canada’s annual inflation accelerated at its fastest pace since October 2014 in January
USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally declined against the CAD and closed at 1.3095 on Friday. Macroeconomic data showed that Canada’s consumer price index (CPI) jumped to its highest level in more than two-years, … Continue reading
Posted in USD/CAD
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USD/CAD: Loonie trading a tad higher, ahead of Canada’s consumer price inflation data
USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CAD and closed at 1.3101. In the Asian session, at GMT0400, the pair is trading at 1.3096, with the USD trading slightly lower against the … Continue reading
Posted in USD/CAD
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