USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 8.26% against the CAD and closed at 1.4119. The Bank of Canada, in its interest rate decision, maintained its interest rate at 0.25%, as widely expected. Additionally, the … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 6.44% against the CAD and closed at 1.3882. In the Asian session, at GMT0300, the pair is trading at 1.3902, with the USD trading 0.14% higher against the … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 6.44% against the CAD and closed at 1.3882. On the data front, Canada’s unemployment rate rose to 7.8% in March, more than market expectations for a rise to … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 7.48% against the CAD and closed at 1.4018. On the data front, Canada’s seasonally adjusted housing starts dropped to 195.2K in March, less than market forecast for a … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 7.41% against the CAD and closed at 1.4008. On the data front, Canada’s seasonally adjusted Ivey Purchasing Managers’ Index (PMI) plunged to 26.0 in March, more than market … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 8.37% against the CAD and closed at 1.4133. In the Asian session, at GMT0300, the pair is trading at 1.4098, with the USD trading 0.25% lower against the … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 8.54% against the CAD and closed at 1.4156 on Friday. In the Asian session, at GMT0300, the pair is trading at 1.4201, with the USD trading 0.32% higher … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 8.32% against the CAD and closed at 1.4127. On the data front, Canada’s international merchandise trade deficit unexpectedly narrowed to C$0.98 billion in February, compared to a revised … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 8.63% against the CAD and closed at 1.4167. On the data front, Canada’s Markit manufacturing PMI unexpectedly dropped to 46.1 in March, confounding market expectations for an advance … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 7.91% against the CAD and closed at 1.4074. On the data front, Canada’s gross domestic product (GDP) advanced 0.1% on a monthly basis in January, in line with … Continue reading →

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 8.70% against the CAD and closed at 1.4177. In the Asian session, at GMT0300, the pair is trading at 1.4169, with the USD trading 0.06% lower against the … Continue reading →