Share: The Canadian Dollar has had a solid week. Economists at Scotiabank analyze USD/CAD outlook. Short-term resistance is 1.3315/1.3320 Minor new lows for USD/CAD keep the...
Share: The US Dollar remains stuck at multi-month lows after weak US PCE Inflation. US Durable Goods orders beat expectations, easing bearish pressure on...
Share: Canadian economy stalled in October for the third consecutive month. USD/CAD stays around 1.3270 after economic data from the US and Canada. Statistics Canada reported...
Share: USD/CAD receives downward pressure on the subdued US Dollar. US real GDP reinforces speculation on the Fed’s dovish stance on monetary policy. Higher WTI price...
Share: USD/CAD edges lower to 1.3351 amid the ongoing sell-off in USD. The annual rate of US Existing Home Sales arrived at 3.82M in November, better...
Share: USD/CAD is backsliding in thin pre-holiday markets. The Canadian Dollar is finding support from rebounding Crude Oil bids. BoC rhetoric about the need for higher...
Share: The Bank of Canada released the Summary of Deliberations of the December 6 meeting when they delivered a “dovish” hold. According to the document, the...
Share: USD/CAD has staged a substantial fall in the last few weeks. Economists at Danske Bank analyze the pair’s outlook. BoC to keep policy rates unchanged...
Share: The CAD caught a Tuesday jolt after Canadian CPI inflation came in above expectations. Economic calendar data sees limited impact as markets gear up for...
Share: USD/CAD halts its recent gains on dovish sentiment around the Fed interest rate cuts in early 2024. Governor Tiff Macklem stated that the BoC could...
Share: USD/CAD remains on the defensive, though a combination of factors helps limit losses. BoC Governor sees rate cuts in 2024 and overshadows the recent bounce...
Share: Canadian Dollar pares back some of last Friday’s gains ahead of Canadian CPI on Tuesday. Monday’s economic calendar has a thin docket, but key data...
Share: USD/CAD holds in upper 1.33s. Economists at Scotiabank analyze the pair’s outlook. Intraday support is 1.3350 USD/CAD’s push below retracement support at 1.3495 (50% Fibonacci...
Share: USD/CAD snaps its losing streak as the US Dollar holds its position above 102.50. BoC Governor Tiff Macklem’s hawkish comments might have supported the Canadian...
Share: USD/CAD losses have extended through the 1.34 level to take the Loonie to its best levels against the USD since August. Economists at Scotiabank analyze...
Share: The Canadian Dollar has slowed recent gains but tests into the high side. Bank of Canada Governor Macklem due to make an appearance to round...
Share: Bank of Canada Governor Tiff Macklem said on Friday that once the central bank “is assured that we are clearly on a path back to...
Share: The Canadian Dollar has seen a recent appreciation. Nonetheless, economists at the National Bank of Canada do not expect Loonie to strengthen further. Not much...
Share: Canadian Dollar gains further ground against the US Dollar in risk-on markets. Bank of Canada Governor Macklem slated to make an appearance on Friday. WTI...
Share: USD/CAD traded up to a high of 1.3899 on November 1. Despite the decline since those highs, Loonie was the second-worst performing currency in G10...