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...
USD/CAD is under pressure after US PCE Inflation and Canadian GDP report. Apart from soft monthly US core PCE inflation reading, other elements matched estimates. Canada’s...
Canadian Dollar pivots into high side on Thursday amid fresh risk appetite. Canada finds better-than-expected Current Account figures. US GDP growth cooled as expected, sparking fresh...
USD/CAD rises to 1.3730 amid firm speculation that the BoC will start lowering interest rates from June. The US Dollar declines despite uncertainty ahead of the...
USD/CAD marches toward 1.3740, strengthen by the strong US Dollar. The US Dollar strengthens amid caution ahead of the US core PCE Inflation data. Canadian monthly and...
Canadian Dollar broadly lower as Treasury yields bolster US Dollar bids. Canada absent from the economic calendar on Wednesday, Canadian Current Account, GDP update due later...
USD/CAD appreciates after Fed’s Neel Kashkari suggested that a rate hike might still be possible. The US Dollar gained ground due to the appreciation in the...
US markets return after long weekend, Fedspeak to dominate. Canadian Dollar recedes as investors shrug off low-tier CAD data. Canada saw an uptick in industrial and...
USD/CAD bounces back from 1.3600 as US Dollar recovers due to diminished Fed rate-cut bets. Fed officials want to see inflation easing for months before lowering...
USD/CAD edges down to 1.3600 as the US Dollar’s appeal is uncertain. US core PCE Price Index is projected to have grown steadily in April. Canada’s...
Canadian Dollar climbs over Greenback but gives mixed Monday performance. Canada brings little of note to the economic calendar until Friday’s GDP release. Memorial Day holiday...
USD/CAD finds interim support near 1.3650 on firm speculation that the BoC will announce a rate cut on June 5. The US Dollar is expected to...
Canadian Dollar recovers lost ground but remains down for the week. Canada Retail Sales decline further, limiting CAD recovery. Broad market risk appetite recovers after US...
USD/CAD didn’t move as expected despite the release of the Canadian Retail Sales and the US Durable Goods Orders data. The Canadian Retail Sales contracted by...
USD/CAD halts its winning streak ahead of Canadian Retail Sales and US Consumer Sentiment due on Friday. The US Dollar edges lower due to a downward...
USD/CAD holds positive ground around 1.3730 in Friday’s Asian session. The US S&P Global PMI came in better than expectations in May. The further decline of...
Canadian Dollar broadly weaker, loses ground across board. Canada brings little meaningful data to the table. CAD traders forced to wait until Friday’s Retail Sales. The...
Canadian Dollar is broadly softer as CAD loses defensive posture. Canada brings only low-tier data until Friday’s Retail Sales. US Home Sales disappoint, Fitch warns of...
Canadian Dollar moves broadly lower as inflation tempers in April. Canada finds easing price pressures, odds of BoC June rate cut rise. Canadian Retail Sales due...