Share: USD/CAD gains positive traction for the fourth straight day amid a modest USD uptick. Bullish Crude Oil prices could underpin the Loonie and keep a...
Share: USD/CAD started the day soft before a pivot in the US session. Canada absent from the economic calendar on Tuesday. US Durable Goods declined more...
Share: USD/CAD loses ground to a major level of 1.3500 on Tuesday. The immediate support area appears around the 23.6% Fibonacci retracement level at 1.3489 and...
Share: USD/CAD consolidates around 1.3507 in Tuesday’s early Asian session. Several Fed officials are worried about the risks of moving too quickly on rate cuts. The...
Share: The Canadian Dollar (CAD) is a moderate underperformer on the session so far. Economists at Scotiabank analyze USD/CAD outlook. Scope for gains is limited The...
Share: USD/CAD edges higher to 1.3512 in Monday’s Early European session. The cooler-than-expected Canadian inflation numbers might convince the Bank of Canada to cut rates sooner...
Share: The Canadian Dollar (CAD) has struggled during the early part of 2024. Economists at Wells Fargo expect this trend to continue over the course of...
Share: USD/CAD dipped to 1.3461 before a US-session surge back to 1.3500. It’s a thin Friday on the economic calendar. USD/CAD put a lot of effort...
Share: USD/CAD trades sideways below 1.3500, following the footprints of the US Dollar. Fed Waller said the central bank should not rush for rate cuts. The...
Share: Markets churned on Thursday after mixed US PMI figures. Canada’s Retail Sales also spread. Friday to wrap up the week with Fed’s Monetary Policy Report....
Share: USD/CAD depreciates after the FOMC Minutes expressed concerns over rate cuts. Fed’s easing cycle appears to be delayed, correlating with recent higher CPI and PPI....
Share: USD/CAD tested a new high for the week but remains tepid. Canada’s New Housing Price Index declined slightly in January. Fed’s FOMC meeting Minutes to...
Share: USD/CAD saw early declines before getting bolstered by a weak Canadian CPI. Canadian CPI inflation fell to 2.9% from the previous 3.4% YoY. Wednesday’s FOMC...
Share: USD/CAD edges higher to 1.3506 amid the firmer USD. Investors trimmed their bets on rate cut expectations from the Fed as the US January PPI...
Share: Thin Monday market churn as traders wait for big data prints this week. Canada, US both have bank holidays on Monday, throttling trading volumes. Tuesday...
Share: Canadian Dollar on weaker footing approaching the closing bell. Canada foreign investment barely moved the needle. US PPI numbers came in above expectations, hampering rate...
Share: USD/CAD has drifted a little higher in quiet trade. Economists at Scotiabank analyze the pair’s outlook. Resistance is 1.3520/1.3530 The USD is trading well off...
Share: Economists at Société Général analyze how the USD/CAD pair reacted to past Federal Reserve rate decisions and discuss if it could repeat the same performance...
Share: USD/CAD trades in negative territory for the third consecutive day near 1.3461. US Retail Sales declined in January, weaker than expected. The Canadian employment data...
Share: Canadian Dollar recovers ground on US data print. Canada sees low-impact data for the back half of the trading week. Crude Oil markets are in...