USD/CAD: Canadian manufacturing activity cools to a six-month low level in August

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.06% against the CAD and closed at 1.3098. On the economic front, Canada’s RBC manufacturing PMI declined to a level of 51.1 in August, hitting its lowest level … Continue reading

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USD/CAD: Canada’s economy shrank in second quarter of 2016

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.13% against the CAD and closed at 1.3106. The Canadian Dollar lost ground, after Canada’s annualized gross domestic product (GDP) dropped by 1.6% on a quarterly basis in … Continue reading

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USD/CAD: Canada’s current account deficit widened in Q2 2016

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.57% against the CAD and closed at 1.3089. Macroeconomic data indicated that, Canada’s current account deficit climbed less-than-anticipated to a level of C$19.9 billion in 2Q 2016, compared … 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 ended flat against the CAD and closed at 1.3015. In the Asian session, at GMT0300, the pair is trading at 1.3023, with the USD trading 0.06% higher against the … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.07% against the CAD and closed at 1.2916. In the Asian session, at GMT0300, the pair is trading at 1.2909, with the USD trading slightly lower against the … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose slightly against the CAD and closed at 1.2925. In the Asian session, at GMT0300, the pair is trading at 1.2921, with the USD trading marginally lower 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 0.13% against the CAD and closed at 1.2920. In the Asian session, at GMT0300, the pair is trading at 1.2930, with the USD trading 0.08% higher 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 rose 0.22% against the CAD and closed at 1.2937. In economic news, Canada’s wholesale sales rose 0.7% in June, more than market expectations for a rise of 0.1%, led … Continue reading

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USD/CAD: Canada’s inflation decelerated in July

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.63% against the CAD and closed at 1.2855. The Canadian Dollar lost ground, after disappointing economic data reignited speculation that growth has contracted in the second quarter. Data … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.54% against the CAD and closed at 1.2774. In the Asian session, at GMT0300, the pair is trading at 1.2807, with the USD trading 0.26% higher against the … Continue reading

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USD/CAD: Loonie trading higher this morning

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.12% against the CAD and closed at 1.2843. In the Asian session, at GMT0300, the pair is trading at 1.2828, with the USD trading 0.12% lower against the … Continue reading

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