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...
USD/CAD slumps to 1.3800 even though the US Dollar exhibits strength. Investors see the BoC choosing the June meeting as their earliest point for pivoting to...
USD/CAD jumps to 1.3735 as the Canadian Dollar weakens on dismal market sentiment. Investors turn risk-averse as trades priced out Fed rate cut hopes for June....
The Bank of Canada (BoC) left its monetary policy unchanged at its meeting on Wednesday. In fact, the central bank maintained its policy rate at 5.0%...
USD/CAD rallies on strong US NFP, weak Canadian labor market data. The speculation for Fed to begin rate cuts could be shifted to the second half...
USD/CAD climbs to 1.3570 amid firm US Dollar. The appeal for the US Dollar strengthens on upbeat US economic outlook. The Canadian Dollar weakens as BoC...
Statistics Canada will release February Consumer Price Index (CPI) data on Tuesday, March 19 at 12:30 and as we get closer to the release time, here...