USD/CAD: Canadian retail sales posted its worst performance in 9-months in December

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.11% against the CAD and closed at 1.3161. The Canadian Dollar lost ground, after Canada’s retail sales unexpectedly eased 0.5% on a monthly basis in December, dropping to … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.3% against the CAD and closed at 1.3146. In the Asian session, at GMT0400, the pair is trading at 1.3124, with the USD trading 0.17% lower against the … Continue reading

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USD/CAD: Loonie trading lower in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.08% against the CAD and closed at 1.3107. Macroeconomic data revealed that Canada’s wholesale sales advanced 0.7% on a monthly basis in December, higher than market expectations for … Continue reading

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USD/CAD: Loonie trading higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CAD and closed at 1.3101 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.3091, with the USD trading 0.08% lower … Continue reading

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USD/CAD: Loonie extends its gains this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CAD and closed at 1.3070. In the Asian session, at GMT0400, the pair is trading at 1.3067, with the USD trading marginally lower against the … Continue reading

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USD/CAD: Canada’s existing home sales eased in January

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CAD and closed at 1.3077. Macroeconomic data showed that Canada’s existing home sales fell 1.3% on a monthly basis in January, following a gain of … Continue reading

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USD/CAD: Loonie trading a tad higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD and closed at 1.3073. In the Asian session, at GMT0400, the pair is trading at 1.3069, with the USD trading slightly lower from yesterday’s … Continue reading

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USD/CAD: Loonie trading on a stronger footing 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 1.3071. In the Asian session, at GMT0400, the pair is trading at 1.3059, with the USD trading 0.09% lower against the … Continue reading

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USD/CAD: Canada’s unemployment rate surprisingly declined in January

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.36% against the CAD and closed at 1.3088 on Friday. The Canadian Dollar gained ground, after Canada’s unemployment rate unexpectedly dropped to 6.8% in January, as the economy … Continue reading

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USD/CAD: Loonie trading higher, ahead of Canada’s unemployment rate data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly declined against the CAD and closed at 1.3135. On the economic front, Canada’s new housing price index climbed 0.1% MoM in December, while market participants expected the index … Continue reading

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USD/CAD: Canadian housing starts surprisingly advanced in January

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CAD and closed at 1.3138. Macroeconomic data indicated that Canada’s seasonally adjusted housing starts unexpectedly climbed to a level of 207.4K in January, indicating that … Continue reading

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