USD/CAD: Loonie trading marginally lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.49% against the CAD and closed at 1.3220. In the Asian session, at GMT0400, the pair is trading at 1.3223, with the USD trading a tad higher against … Continue reading

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USD/CAD: Canadian annual inflation inched higher in December

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CAD and closed at 1.3311 on Friday. Macroeconomic data revealed that Canada’s consumer price index (CPI) unexpectedly fell 0.2% on a monthly basis in December, … Continue reading

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USD/CAD: Loonie trading on a stronger footing, ahead of Canadian inflation data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.42% against the CAD and closed at 1.3322. In economic news, Canada manufacturing shipments rebounded 1.5% MoM in November, compared to a revised fall of 0.6% in the … Continue reading

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USD/CAD: BoC holds interest rate, considers rate cut an option amid concern over Trump policies

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.71% against the CAD and closed at 1.3266. Yesterday, the Bank of Canada (BoC), opted to leave the benchmark interest rate unchanged at 0.5%, as widely expected. In … Continue reading

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USD/CAD: Loonie reversed its gains in the Asian session, ahead of BoC’s interest rate decision

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.08% against the CAD and closed at 1.3043. In the Asian session, at GMT0400, the pair is trading at 1.3064, with the USD trading 0.16% higher against the … Continue reading

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USD/CAD: Canada’s existing home sales rebounded in December

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.4% against the CAD and closed at 1.3186. On the data front, Canada’s existing home sales rebounded 2.2% MoM in December. In the previous month, existing home sales … Continue reading

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USD/CAD: Loonie trading lower, ahead of Canada’s existing home sales data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CAD and closed at 1.3120 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.3141, with the USD trading 0.16% higher … 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 declined 0.24% against the CAD and closed at 1.3148. On the economic front, Canada’s new housing price index advanced less-than-anticipated by 0.2% MoM in November, compared to an advance … Continue reading

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USD/CAD: Loonie trading higher in the Asian session, ahead of Canadian new housing price index data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.42% against the CAD and closed at 1.3180. In the Asian session, at GMT0400, the pair is trading at 1.3129, with the USD trading 0.39% lower against the … Continue reading

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USD/CAD: Canadian housing starts jumped in December, building permits edge down in November

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD and closed at 1.3235. Macroeconomic data showed that Canada’s seasonally adjusted housing starts rose more-than-anticipated to a level of 207.0K in December, indicating that … 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 0.17% against the CAD and closed at 1.3218. In the Asian session, at GMT0400, the pair is trading at 1.3205, with the USD trading 0.1% lower against the … Continue reading

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