Share: USD/CAD slips vertically to near 1.3600 as Statistics Canada has reported upbeat labor market data. The Canadian labor market witnessed fresh additions of 39.9K payrolls...
Share: The Bank of Canada is forecast to leave the policy rate unchanged at 5.0% on September 6. BoC policymakers are expected to keep the interest...
Share: USD/CAD drops sharply to near 1.3450 as US Dollar loses resilience. US Retail Sales for July expanded at a stronger pace of 0.7% amid higher...
Share: Analysts at TD Securities note that the annual Consumer Price Index (CPI) in Canada rose 3.3% in July, at a much stronger pace than the...
Share: The Canadian economy unexpectedly contracted during the second quarter, as indicated by data released on Friday. Analysts at CIBC point out that the decline in...
Share: USD/CAD remains pressured at weekly low, reversing Friday’s bounce off 10-month low. US Dollar snaps two-day recovery, Oil price remains sluggish as market sentiment dwindles...
Share: USD/CAD is looking vulnerable above the immediate support of 1.3160 amid weakness in the US Dollar. The recovery move in the USD Index seems fragile...
Share: Bank of Canada (BoC) Governor Tiff Macklem expects inflation to be around 3% for next year and then gradually move back to the 2% target....
Share: USD/CAD has turned sideways above 1.3100 as investors await key triggers for further guidance. In June, US inflation grew at a nominal pace as a...
Share: USD/CAD remains on the defensive near the 1.3180 mark after the softer US inflation data. The Bank of Canada (BoC) raised the rate by 25...
Share: Bank of Canada (BoC) Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers comment on the policy Outlook following the BoC’s decision to raise its...
Share: Tiff Macklem, Governor of Bank of Canada, comments on the policy outlook following the Bank of Canada’s (BoC) decision to raise the policy rate by...
Share: USD/CAD has shown a recovery move from 1.3200 amid a mild rebound in the USD Index. Investors are hoping that the Fed will hike interest...
Share: USD/CAD drifts lower for the second straight day and drops to a two-week low on Wednesday. Bullish Oil prices underpin the Loonie and exert pressure...
Share: USD/CAD has dropped sharply to near 1.3320 amid headwinds of upbeat Canadian labor market data and downbeat US NFP. Although US employment numbers missed consensus,...
Share: USD/CAD gains traction for the second straight day and recovers further from the YTD low. Tuesday’s softer Canadian CPI print undermines the CAD and lends...
Share: BoC’s Summary of Governing Council deliberations shows members agree the economy remained clearly in excess demand. At the June meeting, the BoC raised interest rates...
Share: USD/CAD is showing lackluster action following the footprints of the sideways USD Index and oil prices. Interest rate guidance and a detailed explanation behind a...
Share: USD/CAD bounces off the lowest levels in nine months but recovery moves lack upside momentum. Mixed sentiment, lack of conviction about Fed vs. BoC divergence...
Share: AUD/USD is looking to reclaim 0.6800 despite the USD index has attempted a recovery. Investors are turning cautious ahead of the release of the US...