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...
Canadian Dollar gets pushed around as investors focus elsewhere. Canada absent from economic calendar until next week. US PCE inflation remains higher than expected, weighing on...
USD/CAD trades sideways ahead of the US core PCE Inflation that will influence Fed rate cut expectations. The US Dollar remains on backfoot as weak US...
USD/CAD remains on the defensive around 1.3655 on Friday amid the weaker USD. US GDP number expanded by 1.6% on an annualized basis in Q1 2024, compared to 3.4% growth...
Canadian Dollar trapped near familiar levels, gives mixed performance. Canada absent from the economic calendar until next week’s GDP. US GDP comes in soft, but PCE...
Canadian Dollar recedes across the board on Wednesday. Canada Retail Sales broadly miss the mark, hurting Loonie. US GDP, PCE inflation to dominate the latter half...
USD/CAD rebounds from a two-week low and draws support from a combination of factors. Weaker Oil prices undermine the Loonie and act as a tailwind amid...
Canadian Dollar finds room against softer Greenback post-PMI. Canada Retail Sales due Wednesday ahead of Thursday’s US GDP. Despite PMI gains, CAD upside remains limited as...
Canadian Dollar finds room on high side as data-driven markets await US PMI print. Canada data remains limited until Wednesday’s CAD Retail Sales. Tuesday’s US PMIs...
USD/CAD drops further to 1.3720 as the Canadian Dollar holds strength despite weak Oil prices. This week, the US Core PCE Price Index and Q1 GDP...