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The Canadian dollar has taken a break after an impressive three-day rally in which the currency climbed about 2%. In the European session, USD/CAD is trading at 1.4148, up 0.39%. On Thursday, the...
High-beta currencies have rallied overnight, perhaps indicating that the US will opt for a flat rate over country-specific tariffs, which could be seen as slightly more lenient. But it’s also been...
The US dollar started the week on the front foot thanks to some defensive positioning ahead of tomorrow’s tariff announcement. Barring data disappointment (JOLTS and ISM manufacturing), there is a...
USD/CAD maintains sideways movement above 1.4270 support Trend signals deteriorate; a break above 1.4635 could provide relief USD/CAD extended its four-month sideways trajectory above the 1.4270...
The week started with another US data disappointment, as softer-than-expected retail sales added to worries about a deteriorating consumer picture. Today, geopolitical developments are in focus as...
Fed decision, Canadian inflation in focus this week Fed may shift slightly dovish relative to forecasts three months ago USD/CAD caught between downtrend resistance and the 50DMA RSI trending lower,...
The Canadian dollar is steady on Thursday. In the European session, USD/CAD is trading at 1.4379, up 0.06% on the day. Bank of Canada Lowers Rates to 2.75% There was no surprise from the Bank of...
USD/CAD Key Points The Bank of Canada cut interest rates by 25bps to 2.75%, as widely expected, while warning about a “new crisis” from the tariffs and budding trade war between the US and...
The Canadian dollar posted gains earlier but couldn’t consolidate. In the European session, USD/CAD is trading at 1.4432, down 0.03% on the day. Bank of Canada Likely to Cut by 25 Bps It’s decision...
The Canadian dollar is steady at the start of the week. USD/CAD is trading at 1.4385, up 0.06% on the day. The Canadian dollar declined 0.50% on Friday after Canada’s job report was weaker than...
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