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Risk aversion soars as tariff day nears Economic data takes a back seat to headlines. US dollar opens broadly mixed-Safe-haven currencies gain USDCAD: open 1.4353, overnight range 1.4276-1.4362, close 1.4320,...
US Core PCE Index expected to rise to 2.7% from 2.6% y/y Canada GDP expected to have ticked higher in January. US dollar opens mixed-commodity currency bloc underperform. USDCAD: open...
Trump slaps tariffs on autos. Tariff noise will overshadow US GDP data. USD dollar opens mixed to a tad softer compared to close. USDCAD: open 1.4286, overnight range 1.4260-1.4316, close...
Loonie traders ignoring tariff threats. Canadians hoping to avoid the worst of Trump’s tariffs. USD dollar opens with modest losses. USDCAD: open 1.4253, overnight range 1.4247-1.4299, close 1.4280, WTI 69.46,...
Improved risk sentiment on Tariff walk-back lifts Loonie. US consumers may not be very confident. USD trading defensively but inside well-defined ranges. USDCAD: open 1.4319, overnight range 1.4285-1.4333 close 1.4319,...
Canadian Federal election April 28-beware of polls US may water down April 2 tariffs. USD opens slightly lower across the board on improved risk sentiment. USDCAD: open 1.4337, overnight range...
Canada retail Sales expected to have shrunk by 0.4% in January. Trump and Defence Secretary to speak at 11:00 am USD dollar opens higher compared to yesterday—CAD outperforms. USDCAD:...
FOMC is less dovish than expected Bank of England leaves rates unchanged at 4.50% USD dollar rebounds on Fed rate outlook. USDCAD: open 1.4375, overnight range 1.4315-1.4377, close 1.4326, WTI...
Fed to leave rates unchanged and issue a cautious-sounding statement. Bank of Japan leaves rates unchanged again. USD dollar opens with small gains compared to yesterdays close. USDCAD: open 1.4322,...
Are you a PayPal user wondering, “Does PayPal work in Canada?”—the answer is yes. PayPal is a widely used digital payment platform in Canada, allowing users to send and receive...
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