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....
USD/CAD lacks firm intraday direction and consolidates below the YTD top set on Thursday. An uptick in Oil prices underpins the Loonie and caps the upside...
Canadian Dollar has pared losses on Thursday and is practically flat on the daily chart. Mixed US PPI figures and dovish Fed comments have eased risk...
Canadian Dollar dives as US Dollar rallies after strong US CPI data. Bank of Canada keeps rates on hold but hints at rate cut, probably in...
The Bank of Canada (BoC) left its monetary policy unchanged at its meeting on Wednesday. In fact, the central bank maintained its policy rate at 5.0%...
Canadian Dollar gives away gains with investors increasingly cautious ahead of US CPI release. From a wider perspective, CAD continues searching for direction within previous levels....
Canadian Dollar picks up with the USD losing ground in a risk-on session. Investors are looking for the sidelines ahead of Wednesday’s US CPI and...
Canadian Dollar drops for second consecutive day amid higher US Dollar. Strong US employment data boosts US Treasury yields, US Dollar. In Canada, strong Ivey PMI...
USD/CAD rallies on strong US NFP, weak Canadian labor market data. The speculation for Fed to begin rate cuts could be shifted to the second half...
USD/CAD may find an immediate resistance area around the weekly high of 1.3588 and psychological level of 1.3600. A break above March’s high of 1.3614 could...
Canadian Dollar appreciates for the second consecutive day as US Jobless Claims increase beyond expectations. Fed’s Harker has warned that it is too early to cut...
USD/CAD falls to 1.3500 due to multiple headwinds. The US Dollar corrects further on the weak US ISM Services PMI report. Higher Oil prices due to...
Canadian Dollar bounces up with the US Dollar retreating on downbeat US data. US service sector activity decelerated against expectations with Prices Paid printing lowest...
Canadian Dollar keeps losing ground as US data beats expectations. Strong US economic outlook, tight labour market put Fed easing hopes into question. Fed Mester hints...
USD/CAD finds cushion near 1.3500 as Oil prices drop on tighter supply concerns. The US Dollar moves higher while risk-sensitive currencies edge down amid uncertainty ahead...
USD/CAD drops to over a one-week low and is pressured by a combination of factors. Bullish Oil prices underpin the Loonie and weigh on the pair...
US February’s PCE figures largely met expectations. Next week, the focus will be on Nonfarm payrolls for markets to continue placing their bets on the next...
USD/CAD holds its position after recovering daily losses on Friday. US Dollar strengthens on hawkish sentiment surrounding the Fed maintaining higher policy rates. Canadian Dollar received...
Canadian Dollar is regaining lost ground after upbeat Canadian GDP data. US Dollar looks weak despite good US Jobless claims, upward revision of Q4 GDP....
USD/CAD has edged slightly higher to retest the 1.3600+ area. Economists at Scotiabank analyze the pair’s outlook. USD’s latest push above the 1.3600 area appears to...