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Following a relatively busy week, the calendar becomes lighter next week. However, that doesn’t mean there are no important economic releases on the agenda. On the contrary, with market...
Dollar strengthens as better PMIs add to Fed hike betsEurozone and UK PMIs also surprise to the upsideEquities and risk-linked currencies feel the heat of hike betsBetter PMIs fuel Fed hike bets and...
The CPI in Canada rose by 5.9% YoY in January, compared to a 6.3% increase in December. Prices for cellular services and passenger vehicles contributed to the deceleration in the all-items CPI, while...
The Canadian dollar has weakened on Tuesday. In the North American session, USD/CAD is trading at 1.3517, up 0.48%. Inflation drops, retail sales mixed Canada’s inflation rate dropped in...
USDCAD has been overperforming over the last three days and is currently hitting the medium-term descending trend line of the symmetrical triangle. The pair surpassed above the 20- and 50-day simple...
After the past week’s central bank bonanza, things will quieten down in the coming days, although not completely, as the Reserve Bank of Australia will keep the rate hike theme running. On the...
Dollar continues to slide on Fed pivot betsUS GDP numbers for Q4 enter the limelightMore ECB hawks flap their wingsLoonie slides as BoC says it will likely stop raising ratesBoC pause adds to bets...
As 2023 gets underway, so do the central bank meetings and the Bank of Canada will be the next after the BoJ to announce its first policy decision of the year. Meanwhile, investors will be nervously...
The Canadian dollar is unchanged on Friday, trading at 1.3466 in the European session. We could see some volatility in the North American session, as Canada releases retail sales.Retail sales expected...
USDCAD had been in an uptrend since March, posting a fresh 30-month high of 1.3976 before experiencing a downside correction. In the short-term, the pair attempted to edge higher after breaking above...
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