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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.65% against the CAD and closed at 1.3519. In the Asian session, at GMT0400, the pair is trading at 1.3545, with the USD trading 0.19% higher against the … Continue reading

Posted in USD/CAD | Comments Off

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.16% against the CAD and closed at 1.3432. On the economic front, Canada’s manufacturing shipments advanced more-than-expected by 0.3% MoM in September, compared to a rise of 0.9% … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Loonie trading higher in the Asian session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.66% against the CAD and closed at 1.3453. On the data front, Canada’s existing home sales rose by 2.4% MoM in October, after recording a gain of 0.8% … Continue reading

Posted in USD/CAD | Comments Off

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 0.08% against the CAD and closed at 1.3542. In the Asian session, at GMT0400, the pair is trading at 1.3534, with the USD trading 0.06% lower against the … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Loonie trading a tad lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.57% against the CAD and closed at 1.3545 on Friday. In the Asian session, at GMT0400, the pair is trading at 1.3548, with the USD trading slightly higher … Continue reading

Posted in USD/CAD | Comments Off

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.45% against the CAD and closed at 1.3468. On the data front, Canada’s new housing price index rose by 0.2% MoM in September, meeting market expectations and following … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Loonie trading flat in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.91% against the CAD and closed at 1.3407. In the Asian session, at GMT0400, the pair is trading at 1.3407, with the USD trading flat against the CAD … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Canadian housing starts and building permits declined

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.62% against the CAD and closed at 1.3286. Macroeconomic data indicated that, Canada’s seasonally adjusted housing starts dropped to a level of 192.9K in October, highlighting that the … Continue reading

Posted in USD/CAD | Comments Off

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD and closed at 1.3369. In the Asian session, at GMT0400, the pair is trading at 1.3379, with the USD trading 0.07% higher against the … Continue reading

Posted in USD/CAD | Comments Off

USD/CAD: Canada’s unemployment rate remained steady at 7.0% in October

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD and closed at 1.3402 on Friday. On the data front, Canada’s unemployment rate remained unchanged at 7.0% in October, meeting market expectations. Further, the … Continue reading

Posted in USD/CAD | Comments Off

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose marginally against the CAD and closed at 1.3395. In the Asian session, at GMT0400, the pair is trading at 1.3398, with the USD trading slightly higher from yesterday’s … Continue reading

Posted in USD/CAD | Comments Off