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...
USD/CAD faces challenges due to the weaker US Dollar despite higher US Treasury yields. The decline in WTI prices, attributed to de-escalated geopolitical tensions in the...
Canadian Dollar extends recovery in calm Friday trading session. Iran has downplayed the alleged drone attack from Israel, which has eased risk aversion. USD/CAD is testing...
USD/CAD avoids the worst excesses of volatility in markets from the reported retaliation of Israel against Iran. The flight to safety boosted the US Dollar but...
Canadian Dollar advances moderately favoured by a softer US Dollar. USD/CAD is pulling back despite the Fed’s hawkish stance and lower oil prices. Current Canadian Dollar...
USD/CAD slumps to 1.3800 even though the US Dollar exhibits strength. Investors see the BoC choosing the June meeting as their earliest point for pivoting to...
USD/CAD retreats from a five-month high of 1.3846 reached on Tuesday. The decline in crude Oil prices might have contributed to undermining the Canadian Dollar. Fed...
Canadian Dollar sufers on US Dollar strength as Fed’s Powell strikes a hawkish note. Powell warns that later inflation data shows lack of further progress and...
USD/CAD attracts some buyers for the third straight day and climbs to a fresh YTD peak. Reduced Fed rate cut bets, along with geopolitical risks, benefit...
Canadian Dollar gives away gains as USD bounces up following strong Retail Sales data. Investors’ concern that Middle East conflict might escalate provides additional support...
Canadian Dollar dives further with the USD rallying across the board. The CAD has depreciated about 1.23% this week, on its worst weekly performance in...
USD/CAD jumps to 1.3735 as the Canadian Dollar weakens on dismal market sentiment. Investors turn risk-averse as trades priced out Fed rate cut hopes for June....