Share: USD/CAD stages a modest recovery from over a one-week low touched the previous day. Some repositioning trade ahead of the US/Canadian jobs data lends support...
Share: The Canadian Dollar is seeing a rebound alongside market sentiment. Canada Unemployment, Wages figures due on Friday alongside US NFP. Crude Oil prices are moderating...
Share: The Canadian Dollar weakened in October and was the third worst performing G10 currency across G10. Economists at MUFG Bank analyze Loonie’s outlook. USD/CAD is...
Share: A combination of factors drags USD/CAD away from the YTD peak touched on Wednesday. A modest uptick in Oil prices underpins the Loonie and exerts...
Share: USD/CAD continues to draw support from bearish Oil prices and a modest USD strength. Tuesday’s disappointing Canadian GDP also undermines the Loonie and acts as...
Share: Canadian Dollar falls back as broader markets turn into the US Dollar. Canada GDP flattens as economy lags, odds of future rate cuts beginning to...
Share: USD/CAD advances toward 1.3900 amid caution ahead of Fed policy. Fed policymakers believe that higher US Treasury yields are slowing overall spending and investment. BoC...
Share: USD/CAD attracts some intraday selling on Tuesday, though the downside remains limited. An uptick in Oil prices underpins the Loonie and exerts pressure amid renewed...
Share: In his opening statement before the House of Commons Standing Committee on Finance, Tiff Macklem, Governor of the Bank of Canada said that they are...
Share: Canadian Dollar flows try to stage a rebound after last week’s declines. Bank of Canada Governor Tiff Macklem hits newswires later on Monday. Weaker bids...
Share: Economists at Wells Fargo expect the Canadian Dollar to underperform through early 2024. Potential for further Loonie weakness With inflation gradually heading lower we believe...
Share: USD/CAD sets to recapture annual high around 1.3870 despite the USD Index coming under pressure. Monthly US core PCE accelerated at an expected pace of...
Share: The Canadian Dollar continues to lose ground, down 1% on the week. Loonie traders will be looking ahead to Canada GDP figures next Tuesday. Crude...
Share: The Canadian Dollar is sinking into the lowest bids of the year as the Greenback rises. No economic calendar data for Canada until next Tuesday’s...
Share: The Canadian Dollar is falling back for the second day in a row as markets shy away from risk. BoC sees a period of negative...
Share: The Bank of Canada (BoC) announced on Wednesday that it left the benchmark interest rate unchanged at 5% following the October policy meeting. This decision...
Share: The Canadian Dollar has come under renewed pressure over the last month. Economists at Danske Bank analyze Loonie’s outlook. BoC to keep policy rates unchanged...
Share: USD/CAD gains are extending to retest the early October high around 1.3786. Economists at Scotiabank analyze the pair’s outlook. Short and medium-term trend signals are...
Share: Canadian Dollar falls back as investors pile into USD once more. Crude Oil extends Monday’s losses, evaporating CAD support with it. The Bank of Canada...
Share: USD/CAD trades in negative territory for the third consecutive day, around 1.3674. The Chicago Fed National Activity Index rose to +0.02 in September vs -0.22...