Canadian Dollar backslides 0.4% against Greenback after mixed US data. Canada delivers BoC’s latest rate call on Wednesday. Broader markets pivot to Wednesday’s ADP jobs data,...
USD/CAD is under pressure after US PCE Inflation and Canadian GDP report. Apart from soft monthly US core PCE inflation reading, other elements matched estimates. Canada’s...
USD/CAD rises to 1.3730 amid firm speculation that the BoC will start lowering interest rates from June. The US Dollar declines despite uncertainty ahead of the...
USD/CAD marches toward 1.3740, strengthen by the strong US Dollar. The US Dollar strengthens amid caution ahead of the US core PCE Inflation data. Canadian monthly and...
USD/CAD bounces back from 1.3600 as US Dollar recovers due to diminished Fed rate-cut bets. Fed officials want to see inflation easing for months before lowering...
USD/CAD edges down to 1.3600 as the US Dollar’s appeal is uncertain. US core PCE Price Index is projected to have grown steadily in April. Canada’s...
USD/CAD finds interim support near 1.3650 on firm speculation that the BoC will announce a rate cut on June 5. The US Dollar is expected to...
USD/CAD didn’t move as expected despite the release of the Canadian Retail Sales and the US Durable Goods Orders data. The Canadian Retail Sales contracted by...
Canadian Dollar moves broadly lower as inflation tempers in April. Canada finds easing price pressures, odds of BoC June rate cut rise. Canadian Retail Sales due...
USD/CAD rises on Monday as geopolitical tensions drive safe-haven demand to the Greenback. Canadian CPI data out on Tuesday could impact BoC decision making on interest...
USD/CAD bounces back to 1.3640 amid a firm recovery in the US Dollar. Fed officials endorse a restrictive policy stance for longer due to weak conviction...
`USD/CAD drops sharply to 1.3630 after strong Canadian Employment data. Canadian job market expanded by 90.4K fresh payrolls while annual wage growth slowed to 4.8%. Fed...
Canadian Dollar propped up by broad-market, risk-on sentiment. Canada has a resilient financial system, says BoC Macklem. Canadian labor numbers slated to print on Friday. The...
Canadian Dollar rebounds after previous day’s downside. Canada is absent from the economic calendar on Wednesday. BoC’s Macklem due Thursday to deliver latest Financial System Review....
USD/CAD rises to 1.3750, capitalized on the US Dollar’s recovery. Fed Kashkari sees progress in disinflation stalling due to the strong housing market. Investors await the...
Markets recovering from Wednesday’s Fed showing. Canada data prints low-tier on Thursday, but BoC’s Macklem makes second appearance. US NFP Friday looms ahead, economic calendar moderate...
While speaking before the House of Commons Finance Committee on Thursday, Bank of Canada (BoC) Governor Tiff Macklem said Canadian inflation rate will probably stay close to 2.9% for the...
Bank of Canada (BoC) Governor Tiff Macklem hit newswires late Wednesday, reiterating that the BoC isn’t beholden to following the Federal Reserve’s (Fed) playbook as the...
USD/CAD trades above 1.3640 as the US Dollar rebounds ahead of the Fed’s policy decision. The Fed is expected to emphasize keeping interest rates restrictive for...
USD/CAD trades sideways ahead of the US core PCE Inflation that will influence Fed rate cut expectations. The US Dollar remains on backfoot as weak US...