USD/CAD: Canada’s RBC manufacturing PMI at seven-month low level in September

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.01% against the CAD and closed at 1.3114. On the data front, Canada’s RBC manufacturing PMI eased to a level of 50.3 in September, hitting its lowest level … Continue reading

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USD/CAD: Canadian economy expanded at a faster than expected pace in July

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.18% against the CAD and closed at 1.3117 on Friday. The Canadian Dollar gained ground, after Canada’s gross domestic product (GDP) rose more-than-expected by 0.5% on a monthly … Continue reading

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USD/CAD: Loonie extends its losses, ahead of Canada’s crucial GDP data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.57% against the CAD and closed at 1.3140. In the Asian session, at GMT0300, the pair is trading at 1.3152, with the USD trading 0.09% higher against the … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 1.02% against the CAD and closed at 1.3066. In the Asian session, at GMT0300, the pair is trading at 1.3067, with the USD trading marginally higher against the … 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 declined 0.15% against the CAD and closed at 1.3200. In the Asian session, at GMT0300, the pair is trading at 1.3227, with the USD trading 0.2% higher against the … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.36% against the CAD and closed at 1.3220. In the Asian session, at GMT0300, the pair is trading at 1.3183, with the USD trading 0.28% lower against the … Continue reading

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USD/CAD: Canada’s annual inflation dipped to a 10-month low level in August

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.0% against the CAD and closed at 1.3170 on Friday. The Canadian Dollar lost ground, after Canada’s annual consumer price index (CPI) rose less-than expected by 1.1% in … Continue reading

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USD/CAD: Loonie trading lower in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.31% against the CAD and closed at 1.3039. In the Asian session, at GMT0300, the pair is trading at 1.3069, with the USD trading 0.23% higher against the … Continue reading

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USD/CAD: OECD slashes Canada’s economic growth forecast for 2016 and 2017

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.79% against the CAD and closed at 1.3080. Yesterday, the Organization for Economic Co-operation and Development (OECD) slashed Canada’s growth forecast and has again warned of the risk … Continue reading

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USD/CAD: BoC Governor asks Canadians to get used to low interest rates

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CAD and closed at 1.3184. Yesterday, in a speech at a news conference in Quebec City, the Bank of Canada Governor, Stephen Poloz, stated that … Continue reading

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USD/CAD: Loonie trading on a weaker footing in the morning session

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.17% against the CAD and closed at 1.3195. In the Asian session, at GMT0300, the pair is trading at 1.3197, with the USD trading slightly higher against the … Continue reading

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