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The Canadian dollar continues to sag and has dropped 1.9% this week. Hold onto your hats, as we could have some further volatility from USD/CAD in the North American session, with the release of the...
Fed Chair Powell reiterates hawkish messageData points to tightening US labor marketBoC becomes the first major central bank to pauseBoJ takes the central bank torchUS data points to still-tight labor...
The Canadian dollar steadied on Wednesday, after sliding 1% a day earlier. Later today, the Bank of Canada gets together for its monthly meeting.BoC likely to pauseThe Bank of Canada is widely...
Fed Chair Powell opened the door to a 50bp hike and hinted at a higher peak rate in his semi-annual testimony. This was a reminder that picking the top in the dollar rally remains too risky....
Fed Chair Powell stresses the need for higher ratesDollar rallies across the board, as Fed hike bets surgeBoC is widely anticipated to stand pat todayWall Street feels the heat of Powell’s...
The USD/CAD is coming off a relatively quiet week but that could change as there are a host of key releases this week. Ivey PMI kicks things off later today, followed by the Bank of Canada rate...
Dollar slips as Chinese PMIs spark risk-on moodBut pares losses after ISM manufacturing PMI dataEuro traders await Eurozone inflation numbersRising Fed hike bets hurt Wall StreetDollar drops on China...
Strong China factory data boosts equities but rate hike fears limit gainsDollar pulls back, euro climbs as ECB starts QTAussie and loonie up on China optimism but soft GDP numbers weighMarkets buoyed...
Canadian GDP expected to slow in Q4It’s a very light data calendar for Canadian releases this week, with today’s GDP report the sole tier-1 event. Canada’s economy is expected to...
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