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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USD/CAD is attempting to break out of a triangle price pattern and push higher. A decisive breakout would reaffirm 2024’s uptrend and begin a new more...
USD/CAD fails to lure buyers and remains confined to over a one-month-old range. Rising Fed rate cut bets continue to weigh on the USD and cap...
Canadian Dollar treads water as investors buckle down ahead of Friday data. Canada will bring wages and labor change to the table on Friday. US NFP...
Canadian Dollar loses minor ground against Greenback after BoC rate cut. Canada delivers broadly expected rate trim, but BoC sticks to per meeting outlook. Markets set...
USD/CAD rallies after the Bank of Canada decides to cut its key interest rate at its June meeting. The decision was widely expected but still weighs...
USD/CHF gains ground near 0.8900 as the USD Index holds key support of 104.00. Weak US ADP Employment has limited the US Dollar’s upside. The SNB...
The Bank of Canada (BoC) is anticipated to cut its policy rate by 25 bps. The Canadian Dollar maintains its consolidative phase vs. the US Dollar....
Canadian Dollar backslides 0.4% against Greenback after mixed US data. Canada delivers BoC’s latest rate call on Wednesday. Broader markets pivot to Wednesday’s ADP jobs data,...
Markets kick off NFP week pricing in a first Fed rate cut in November. Canada reveals unexpected downturn in Manufacturing PMI data. CAD traders will be...
Broad-market risk appetite recovers on Friday as US PCE inflation eases. Canada saw a weaker-than-expected rebound in GDP. US PCE inflation cooled further, fueling rate cut...