Share: USD/CAD grapples to extend its gains on the back of subdued Crude oil prices. A firm breakthrough above 1.3600 could lead the pair to reach...
Share: USD/CAD seems to surpass the psychological level at 1.3600. Upbeat WTI price could provide support for the Canadian Dollar (CAD). Stronger US labor data have...
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 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: Economists at TD Securities explore the recent drivers of CAD and make the case that it will appreciate vs. the USD. Canada will not be...
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 snaps the four-day winning streak on Friday. Federal Reserve (Fed) Chair Powell said they are still not sure that rates are high enough to...
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...