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: 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: 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 continues to draw support from bearish Oil prices and a modest USD strength. Tuesday’s disappointing Canadian GDP also undermines the Loonie and acts as...
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: USD/CAD trades in negative territory for the third consecutive day, around 1.3674. The Chicago Fed National Activity Index rose to +0.02 in September vs -0.22...
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should...
Share: Retail Sales in Canada fell more than expected in August. USD/CAD continues to trade in negative territory at around 1.3700. Retail Sales in Canada declined...
Share: Carrie Freestone, an economist from the Royal Bank of Canada (RBC) notes that consumer spending in Canada is starting to decline heading into the late...
Share: Data released on Friday showed employment rose by 63,800 in September in Canada, surpassing expectations. Analysts at CIBC point out that weakness under the hood...
Share: The US economy adds 336K jobs in September, surpassing expectations of 170K. Canadian employment rose by 64K, also surpassing expectations. USD/CAD remains near the 1.3720...
Share: Canadian jobs figures may tilt market pricing towards another BoC rate hike, but watch for data volatility, economists at ING report. Key jobs figures to...
Share: Analysts at CIBC point out that recent swings in Canadian monthly GDP have been driven mainly by supply disruptions, such as wildfires and the port...
Share: Canadian economy stalled in July after a 0.2% contraction in June. USD/CAD stays around 1.3425 after the data. Canada’s real Gross Domestic Product (GDP) “was...
Share: Statistics Canada will release August Consumer Price Index (CPI) data on Tuesday, September 19 at 12:30 and as we get closer to the release time,...
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should...
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should...
Share: The Unemployment Rate in Canada is set to rise a tad to 5.6%, while employment is also expected to grow. Strong jobs data and hot...
Share: The Canadian economy unexpectedly contracted during the second quarter. The Loonie tumbles across the board after Canadian GDP data. USD/CAD jumps towards 1.3550 despite broad-based...
Share: Annual inflation in Canada rebounded to 3.3% in July from 2.8% in June. USD/CAD slides to 1.3470 after the CPI data and US Retail Sales. ...