Share: The Canadian Dollar sees new lows but seeks a foothold in the American session. Bank of Canada rate call on Wednesday to draw CAD traders’...
Share: USD/CAD scales higher for the second straight day amid bearish Crude Oil prices. The risk-off mood benefits the safe-haven USD and contributes to the downfall....
Share: Most recent article: Canadian Dollar stretches higher against the US Dollar on Friday after Canadian jobs beat The Canadian Dollar sees downside pressure on Monday. Canadian...
Share: The Bank of Canada (BoC) is set to announce its Interest Rate Decision next week. There is modest room for a hawkish (although short-lived) market...
Share: Unemployment Rate in Canada expected to tick higher, foreseen at 5.8% in November. Tepid job creation could help the Bank of Canada to hold the...
Share: USD/CAD extends gains ahead of Canada’s Retail Sales release. The recovery in Crude oil prices could support the Canadian Dollar. US S&P Global PMI data...
Share: USD/CAD trades higher post losses registered in the previous session. Canada inflation (YoY) fell to 3.1% in October, down from 3.8% prior. The decline in...
Share: USD/CAD faces challenges on improved Crude oil prices. WTI improves on speculation that OPEC may decide on more production cuts. CPI Canada is anticipated to have...
Share: Statistics Canada will release October Consumer Price Index (CPI) data on Tuesday, November 21 at 13:30 and as we get closer to the release time,...
Share: USD/CAD loses ground on the likelihood of no interest rate hike by the US Fed in December. US Dollar lost strength due to weaker US economic data...
Share: USD/CAD falls vertically below 1.3700 after the release of the US/Canada labor market data. US/Canada job growth slowed in October more than expected. Slower job...
Share: Canada’s employment data for October will be reported by Statistics Canada on Friday, November 3 at 12:30 GMT and as we get closer to the...
Share: USD/CAD stages a modest recovery from over a one-week low touched the previous day. Some repositioning trade ahead of the US/Canadian jobs data lends support...
Share: A combination of factors drags USD/CAD away from the YTD peak touched on Wednesday. A modest uptick in Oil prices underpins the Loonie and exerts...
Share: The Bank of Canada (BoC) Governor Tim Macklem said on late Thursday that there are some reasons to believe that the neutral interest rate is...
Share: USD/CAD advances toward 1.3900 amid caution ahead of Fed policy. Fed policymakers believe that higher US Treasury yields are slowing overall spending and investment. BoC...
Share: In his opening statement before the House of Commons Standing Committee on Finance, Tiff Macklem, Governor of the Bank of Canada said that they are...
Share: Canadian Dollar flows try to stage a rebound after last week’s declines. Bank of Canada Governor Tiff Macklem hits newswires later on Monday. Weaker bids...
Share: Economists at Wells Fargo expect the Canadian Dollar to underperform through early 2024. Potential for further Loonie weakness With inflation gradually heading lower we believe...
Share: The Canadian Dollar is falling back for the second day in a row as markets shy away from risk. BoC sees a period of negative...