USD/CAD bounces back strongly after upbeat US preliminary S&P Global PMI report for June. Canadian Retail Sales grew expectedly by 0.7%. The Fed is expected to...
USD/CAD gains ground near 1.3710 in Thursday’s early Asian session. The weaker US Retail Sales data fueled Fed rate cut expectations and might cap the Greenback’s...
Canadian Dollar trades tightly during the mid-week market session. Canada relegated to strictly mid-tier data releases for the rest of the week. BoC Summary of Deliberations...
USD/CAD extends decline near 1.3715 in Wednesday’s early Asian session. The weaker Retail Sales report triggered speculation that Fed will start to cut interest rates in...
Canadian Dollar churns as market focus gets pulled elsewhere. Canada remains absent from economic calendar until Wednesday. Mid-week release of the BoC’s Summary of Deliberations on the...
USD/CAD breaks out of a large symmetrical triangle price pattern, activating upside targets. Though it has backed and filled since the break, the probabilities favor a...
USD/CAD holds its key support of 1.3700 with eyes on monthly US Retail Sales data for May. While the Fed advocates one rate cut this year,...
USD/CAD trades in negative territory near 1.3720 on the softer US Dollar on Tuesday. Fed’s Harker said it is appropriate to keep rates on hold and...
Canadian Dollar treads lightly amidst quiet Monday markets. Canada Housing Starts rise faster than expected in May, but sales and prices are down. US NY Empire...
Canadian Dollar is broadly higher on Friday but only slightly. Canada missed forecasts on manufacturing and wholesale figures. US Consumer Sentiment survey dominates news flow in...
The Canadian Dollar (CAD) is a relative outperformer in Friday’s session, says Shaun Osborne, Chief FX Strategist at Scotiabank USD/CAD short-term trend momentum is weak “Despite broader...
USD/CAD rises further to 1.3770 as the Fed’s hawkish policy update dampens market sentiment. Fed Mester agreed that the disinflation process has resumed. Canada’s Manufacturing Sales...
USD/CAD oscillates in a range and is influenced by a combination of diverging forces. The recent strong rally in Oil prices underpins the Loonie and caps...
Canadian Dollar sheds -0.20% against USD as price action rebounds. Canada remains absent from the economic calendar on Thursday. BoC Governor Macklem due to speak at...
USD/CAD could test the lower boundary of the rising channel, potentially rebounding to re-enter the rising channel. A break below the 50 level on the 14-day...
Canadian Dollar trades steadily on Tuesday with little momentum. Canada brings strictly low-tier data to the table this week. Fed rate cut expectations still dominate market...
USD/CAD gains ground due to the hawkish sentiment surrounding the Fed. CME FedWatch Tool suggests the odds of a Fed rate cut in September have decreased...
Canadian Dollar mostly mixed on Monday, flat against USD. Canada mostly absent from economic calendar this week. Speech from BoC Macklem due in the midweek market...
Canadian Dollar tumbles -0.65% against US Dollar on Friday. Canada added more jobs than expected but is eclipsed by US NFP. Bumper job additions and rising...
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