USD/CAD: Canadian building permits plummeted to a nearly one-year low level in December

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.82% against the CAD and closed at 1.3182. The Canadian Dollar lost ground, after Canada’s building permits dropped more-than-estimated by 6.6% MoM in December, hitting its lowest level … Continue reading

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USD/CAD: Loonie trading on a weaker footing, ahead of Canada’s Ivey PMI data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.44% against the CAD and closed at 1.3075. In the Asian session, at GMT0400, the pair is trading at 1.3095, with the USD trading 0.15% higher against the … 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 marginally declined against the CAD and closed at 1.3020 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.3011, with the USD trading 0.07% lower … Continue reading

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USD/CAD: Loonie trading higher, ahead of Canada’s Ivey PMI

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.15% against the CAD and closed at 1.3023. In the Asian session, at GMT0400, the pair is trading at 1.3032, with the USD trading 0.07% higher against the … Continue reading

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USD/CAD: Canada’s RBC PMI accelerates in January

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD to close at 1.3042. On the data front, Canada’s RBC purchasing managers’ index (PMI) notched a 2-year high level of 53.5 in January, backed … Continue reading

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USD/CAD: Canadian economy rebounded in November

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.54% against the CAD and closed at 1.3041. The Canadian Dollar gained ground, after Canada’s gross domestic product (GDP) expanded more-than-expected by 0.4% on a monthly basis in … Continue reading

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USD/CAD: Loonie trading higher, ahead of Canadian GDP data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.1% against the CAD and closed at 1.3112. In the Asian session, at GMT0400, the pair is trading at 1.3094, with the USD trading 0.14% lower against the … Continue reading

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USD/CAD: Loonie trading marginally higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.31% against the CAD and closed at 1.3132 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.3130, with the USD trading a tad … 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 0.18% against the CAD and closed at 1.3092. In economic news, Canada’s CFIB business barometer index declined to a level of 60.1 in January, after recording a reading … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.68% against the CAD and closed at 1.3068. In the Asian session, at GMT0400, the pair is trading at 1.3060, with the USD trading 0.06% lower against the … 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 declined 0.48% against the CAD and closed at 1.3157. In the Asian session, at GMT0400, the pair is trading at 1.3130, with the USD trading 0.21% lower against the … Continue reading

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