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Traders are betting that the BOC will have to end it’s “conditional pause” with a rate hike after a solid CPI report earlier this week. USD/CAD is consolidating in the middle of a...
USDCAD has been generating a structure of lower highs after peaking at the 2023 high of 1.3860 in mid-March. Although the pair managed to bounce off its May low and reclaim the 200-day simple...
“She Had Me at Heads Carolina” is a song co-written and recorded by American country music singer Cole Swindell. The song contains lyrical and melodic references to Jo Dee Messina’s...
Dollar rises as Fed survey eases recession fearsRisk-linked currencies gain more on improving sentimentSpotlight turns to US CPI numbersWall Street trades mixed ahead of the dataFed loan survey lends...
Canadian dollar takeawaysA combination of strong jobs data, surging oil prices, and hawkish comments from BOC Governor Macklem pushed USD/CAD to test multi-month lows in the 1.3300s. Key support...
Canada add 41K new jobs US nonfarm payrolls jump to 253K Canadian dollar surges by 1.2% The Canadian dollar has extended its gains on Monday. USD/CAD is currently trading at 1.3339, down...
US dollar stays on the backfoot even as jobless rate unexpectedly dips in AprilFed rate cut bets still elevated; will inflation data alter anything?US bank stocks rebound but worries persist, debt...
Canada’s employment change expected to slow US nonfarm payrolls projected to fall to 179,000 Canadian dollar rallies for third straight day The Canadian dollar continues to rally today and has...
Canada’s GDP rose 0.1% in March US, Canada to release Manufacturing PMIs After a 2 day mini-rally, the Canadian dollar is lower on Monday. In the European session, USD/CAD is trading at 1.3569,...
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