Share: An account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on January 25, 2023 has been released...
Share: USD/CAD bulls are moving in spite of the prior day’s bearish close. The US Dollar has firmed on hawkish sentiment brewing around the Fed again...
Share: USD/CAD holds lower ground while defending the previous day’s reversal from 13-day high. US Dollar remains indecisive even as yields retreat, pays little heed to...
Share: Dovish Federal Reserve and an on-hold Bank of Canada are the themes. USD/CAD has printed a W-formation on the daily chart which is a reversal...
Share: Reuters reported that Bank of Canada Governor Tiff Macklem said on Tuesday that no further rate hikes would be needed if, as expected, the economy...
Share: The Market Participants Survey for the fourth quarter of 2022 published by the Bank of Canada (BOC) showed on Monday that the median of responses...
Following the Bank of Canada’s decision to raise the policy rate by 25 basis points to 4.5%, Bank of Canada (BoC) Governor Tiff Macklem delivers his...
Following the Bank of Canada’s (BOC) decision to raise the policy rate by 25 basis points to 4.5%, BoC Governor Tiff Macklem delivers his remarks on...
USD/CAD remains under some selling pressure for the fourth straight day on Tuesday. Bullish crude oil prices underpin the Loonie and act as a headwind amid...
USD/CAD is looking to extend its downside towards a weekly low around 1.3340 amid the risk-on market mood. The BoC is expected to hike interest rates...
USD/CAD drops to a seven-week low on Monday and is pressured by a combination of factors. An intraday rally in crude oil prices underpins the Loonie...
USD/CAD has managed to pick bids above the crucial support of 1.3600. A decline in United States inflation will set the stage for a slowdown in...
The Canadian Dollar is being supported by firmer oil prices and BOC Governor’s hawkish commentary. JP Morgan Chase & Co. see a spark in S&P500 post...
Inflation expectations in the US dipped, as reported by the NY Fed. USD/CAD traders are eyeing a speech by Bank of Canada Governor Tiff Macklem. The...
USD/CAD retreats from intraday highs, struggles to defend buyers. WTI bounces off annual low, snaps six-day downtrend amid fears of supply crunch. Sour sentiment, anxiety ahead...
The Loonie appreciates against the US Dollar following the Bank of Canada 50 bps rate hike. The Bank of Canada expects further tightening as core CPI...
USD/CAD struggles for a firm intraday direction and remains confined in a range on Tuesday. A modest uptick in crude oil prices underpins the Loonie and...
USD/CAD is struggling around the immediate hurdle of 1.3340 amid an absence of a potential trigger. The market mood has turned quiet as the United States...