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The ultimate beginner's guide to the Canadian dollar
Find out the driving forces that influence the loonie's power and stay one step ahead of the market.
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Canadian Dollar survives BoC rate cut, for now
Bank of Canada rate cut undermines Loonie ECB will cut rates 25 bps but deliver tame guidance. US dollar opens narrowly mixed […]June 7 2024Read more
FX Monthly Update | June 2024
Economic Outlook and Summary May was all about the Fed’s interest rate outlook—”Will they or won’t they” after the May 1 FOMC […]June 7 2024Read more
Canadian Dollar depressed ahead of BoC
Bank of Canada widely expected to announce 25 bp rate cut today. Risk sentiment is mixed ahead of upcoming ECB meeting and […]June 5 2024Read more
Canadian Dollar sideswiped
Falling oil prices weigh on Loonie. US Treasury yield plunge sinks US dollar. US dollar opens with losses across the board except […]June 5 2024Read more
Canadian Dollar rally stalling
Economists are split as to whether BoC cuts Wednesday or in July Opec announces that production cuts will stay until December […]June 4 2024Read more
Canadian Dollar turns bullish
Canadian Dollar turns bullish May 31, 2024 Canada’s economy is not expected to show any growth in March. A slightly softer US […]May 31 2024Read more
Canadian Dollar under pressure
Bond traders driving FX markets US 10-year Treasury yield drifts lower, ahead of US GDP and jobless claims data. US dollar […]May 30 2024Read more
Canadian Dollar rally hits a wall
USDCAD: open 1.3661, overnight range 1.3641-1.3678, close 1.3645, WTI $80.59, Gold, $2345.26 Treasury yield spike sinks Loonie. Canadian and US economic […]May 29 2024Read more
Canadian Dollar extends rally
More Fed talk and US Consumer Confidence data in focus Sentiment is building for soft PCE-Prices data on Friday. US dollar […]May 28 2024Read more
Canadian Dollar is looking for direction
USD/CAD Open: 1.3669, Overnight Range: 1.3665-1.3697, Previous Close: 1.3695 WTI Oil open at $78.07 and gold open at $2,364.40. US markets are […]May 24 2024Read more