USD/CAD: Loonie trading higher, ahead of the BoC’s quarterly review report

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.73% against the CAD to close at 1.2934, after US retail sales advanced more-than-expected in April. In the Asian session, at GMT0300, the pair is trading at 1.2933, … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.13% against the CAD to close at 1.2840. The Canadian dollar gained ground, after Canada’s new housing price index advanced more-than-expected by 0.2% MoM in March, compared to … Continue reading

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USD/CAD: Loonie trading a tad higher, ahead Canada’s new housing price index data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.45% against the CAD to close at 1.2857. In the Asian session, at GMT0300, the pair is trading at 1.2856, with the USD trading marginally lower from yesterday’s … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CAD to close at 1.2915. In the Asian session, at GMT0300, the pair is trading at 1.2932, with the USD trading 0.13% higher from yesterday’s … Continue reading

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USD/CAD: The BoC should be prepared to do more if need arises, indicated the IMF

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.24% against the CAD to close at 1.2958. In economic news, Canada’s seasonally adjusted housing starts fell to a 3-month low level of 191.5K in April, compared to … Continue reading

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USD/CAD: Canada’s unemployment rate held steady in April

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.44% against the CAD to close at 1.2913. In economic news, Canada’s unemployment rate remained steady at 7.1% in April, compared to investor expectations for it to rise … 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 0.06% against the CAD to close at 1.2856. In economic news, Canadian building permits declined more-than-expected by 7.0% MoM in March, compared to market expectations for a fall … Continue reading

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USD/CAD: Canada’s international merchandise trade deficit reached a record high in March

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.23% against the CAD to close at 1.2864. The Canadian dollar lost ground, after Canada’s international merchandise trade deficit widened more-than-expected to a record level of C$3.4 billion, … Continue reading

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USD/CAD: Loonie trading lower. ahead of Canada’s international merchandise trade data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 1.44% against the CAD to close at 1.2707. In the Asian session, at GMT0300, the pair is trading at 1.2734, with the USD trading 0.21% higher from yesterday’s … Continue reading

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USD/CAD: Loonie trading higher, ahead of the BoC Governor’s speech

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CAD to close at 1.2526. The CAD gained ground, after Canada’s RBC manufacturing PMI advanced to a 16-month high level of 52.2 in April, from … Continue reading

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

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.28% against the CAD to close at 1.2553, after the US economic growth rose less than expected in the first three months of the year In the Asian … Continue reading

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