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...
The Canadian Consumer Price Index is expected to have risen by 3.1% YoY in February. The BoC shows no rush to lower its interest rate. The...
USD/CAD exhibits strength above 1.3500 ahead of an eventful week. The Fed is widely anticipated to hold interest rates unchanged in the range of 5.25%-5.50%. The...
The Loonie’s recent appreciation has been tepid considering the overall weakness of the US Dollar. In essence, the CAD has been the weakest of the strong...
Share: USD/CAD is challenging, still without taking out the 1.3600 level. Economists at HSBC analyze the pair’s outlook ahead of the Bank of Canada (BoC) meeting....
Share: The Bank of Canada (BoC) is expected to keep its rates unchanged. The Canadian Dollar has met a tough resistance at around 1.3600. Canadian inflation...
Share: Economists at TD Securities discuss the Bank of Canada (BoC) Interest Rate Decision and its implications for the USD/CAD pair. Base Case: Mildly Hawkish (65%)...
Share: The Canadian Dollar (CAD) weakened in February and was the third worst performing G10 currency. Economists at MUFG Bank analyze Loonie’s outlook. CAD near-term downside...
Share: USD/CAD rises to three-month high around 1.3600 amid a dismal market mood. The US Dollar rebounds as Fed Powell is expected to deliver hawkish guidance...
Share: The Loonie has not moved much in the last month, with USD/CAD bouncing around 1.3500. Economists at CIBC Capital Markets analyze the pair’s outlook. USD/CAD...
Share: USD/CAD remains flat around 1.3575 in Tuesday’s early Asian session. Fed’s Bostic said there’s no urgency to cut interest rates given the US economy’s strength. ...
Share: There is a risk that the BoC will turn a notch more dovish at the March meeting. Thus, the Canadian Dollar (CAD) could come under...
Share: USD/CAD trades sideways around 1.3570 ahead of the US and Canada economic data. The BoC may shift to rate cuts early if the Canadian Q4...
Share: The Canadian Dollar (CAD) has struggled during the early part of 2024. Economists at Wells Fargo expect this trend to continue over the course of...
Share: Statistics Canada will release January Consumer Price Index (CPI) data on Tuesday, February 20 at 13:30 and as we get closer to the release time,...