Canadian Dollar climbed on Friday, but Greenback remains popular bid. Canada added far more jobs than expected in April. US consumer sentiment tumbled, Fedspeak crimping rate...
`USD/CAD drops sharply to 1.3630 after strong Canadian Employment data. Canadian job market expanded by 90.4K fresh payrolls while annual wage growth slowed to 4.8%. Fed...
USD/CAD gains ground due to the expectations of the Fed keeping higher rates for longer. US Treasury yields lost ground after the release of weak US...
Canadian Dollar propped up by broad-market, risk-on sentiment. Canada has a resilient financial system, says BoC Macklem. Canadian labor numbers slated to print on Friday. The...
USD/CAD drops sharply to 1.3700 due to multiple headwinds. A significant fall in the US Dollar and higher Oil prices weigh on the Lonnie asset. The...
Canadian Dollar rebounds after previous day’s downside. Canada is absent from the economic calendar on Wednesday. BoC’s Macklem due Thursday to deliver latest Financial System Review....
USD/CAD rises to 1.3750, capitalized on the US Dollar’s recovery. Fed Kashkari sees progress in disinflation stalling due to the strong housing market. Investors await the...
Canadian Dollar easing but sticking to midrange. Canada Ivey PMI beat expectations in April. CAD markets wait for Friday’s Canadian labor data. The Canadian Dollar (CAD)...
Canadian Dollar moves broadly higher in Monday rebound. Canada data is thin until Friday’s labor figures. Rate markets put odds of September Fed rate cut at...
USD/CAD drops to 1.3650 on multiple headwinds. Firm speculation for Fed rate cuts in September has uplifted the market mood. A sharp recovery in the Oil...
Canadian Dollar falls across the board on Friday. Canada absent from economic calendar until next Tuesday. US data broadly misses the mark, particularly in terms of...
USD/CAD trades on a softer note around 1.3660 on Friday. The US Initial Jobless Claims remained steady at 208,000 last week. The BoC Governor said there’s...
Markets recovering from Wednesday’s Fed showing. Canada data prints low-tier on Thursday, but BoC’s Macklem makes second appearance. US NFP Friday looms ahead, economic calendar moderate...
Bank of Canada (BoC) Governor Tiff Macklem hit newswires late Wednesday, reiterating that the BoC isn’t beholden to following the Federal Reserve’s (Fed) playbook as the...
Canadian Dollar gets a boost from Fed hitting the right notes. Canada PMI missed the mark, to little effect. US labor preview worrying bellwether for Friday...
USD/CAD trades on a positive note near 1.3778 in Wednesday’s early Asian session. The Fed is expected to leave its benchmark rate unchanged on Wednesday. The Canadian economy expanded by 0.2%...
Canadian Dollar retreats after US morning session’s risk-off jitters. Canada GDP prints below expectations, erodes CAD further. US wage growth accelerates again, crimping rate cut hopes....
USD/CAD trades on a stronger note near 1.3665 on Tuesday. The FOMC is widely expected to hold rates steady in its current 5.25%–5.50% range on Wednesday. The further downside of...
Canadian Dollar eases against broader market. Canada absent from economic calendar on Monday. Canadian GDP slated for Tuesday ahead of key US labor figures. The Canadian...
USD/CAD trades above 1.3640 as the US Dollar rebounds ahead of the Fed’s policy decision. The Fed is expected to emphasize keeping interest rates restrictive for...