USD/CAD: Canadian economy added most number of jobs since 2012 in December

USDCAD Movement For the 24 hours to 23:00 GMT, the USD slightly rose against the CAD and closed at 1.3237 on Friday. Macroeconomic data showed that Canada’s unemployment rate advanced to 6.9% in December, in line with market expectations. In … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.53% against the CAD and closed at 1.3230. In the Asian session, at GMT0400, the pair is trading at 1.3257, with the USD trading 0.2% 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 declined 0.94% against the CAD and closed at 1.3300. In the Asian session, at GMT0400, the pair is trading at 1.3280, with the USD trading 0.15% lower against the … Continue reading

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USD/CAD: Loonie reversed its gains in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD and closed at 1.3426. Macroeconomic data indicated that Canada’s RBC manufacturing PMI edged higher to a level of 51.8 in December, after recording a … Continue reading

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USD/CAD: Loonie trading higher, ahead of Canada’s RBC manufacturing PMI data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD marginally rose against the CAD and closed at 1.3444. In the Asian session, at GMT0400, the pair is trading at 1.3406, with the USD trading 0.28% lower 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 declined 0.35% against the CAD and closed at 1.3503. In the Asian session, at GMT0400, the pair is trading at 1.3482, with the USD trading 0.16% 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 0.19% against the CAD and closed at 1.3551. In the Asian session, at GMT0400, the pair is trading at 1.3537, with the USD trading 0.1% lower against the … Continue reading

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USD/CAD: Canadian economic growth shrunk in October

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.48% against the CAD and closed at 1.3577. On Friday, data showed that Canada’s gross domestic product (GDP) unexpectedly contracted 0.3% MoM in October, declining for the first … Continue reading

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USD/CAD: Canada’s annual inflation slowed in November

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.33% against the CAD and closed at 1.3481. The Canadian Dollar lost ground against the USD, after Canada’s consumer prices rose 1.2% on a yearly basis in November, … Continue reading

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USD/CAD: Loonie reversed its gains, ahead of Canada’s inflation data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.52% against the CAD and closed at 1.3436. In the Asian session, at GMT0400, the pair is trading at 1.3421, with the USD trading 0.11% lower against the … Continue reading

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USD/CAD: Canada’s wholesale sales rebounded in October

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.28% against the CAD and closed at 1.3367. Macroeconomic data revealed that Canada’s wholesale sales rebounded 1.1% MoM in October, compared to a revised drop of 1.5% in … Continue reading

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