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Canadian economic growth expected to be flat in August. US data will be overshadowed by upcoming election. US dollar opens mixed, but little changed from yesterday. USDCAD: open 1.3920,...
Loonie suffers on interest rate outlook. US GDP and quarterly earnings reports in focus. US dollar trades modestly lower but not against CAD USDCAD: open 1.3915, overnight range 1.3902-1.3925, ...
BoC Governor testifies to Parliament today. Focus is on US election, not data. US dollar opens defensively as it consolidates recent gains. USDCAD: open 1.3880, overnight range 1.3876-1.3901, close...
CAD/US 10-year yield spreads widen in favour of US Sinking oil prices weighing on Loonie. USDCAD: open 1.3895, overnight range 1.3886-1.3907, close 1.3894, WTI $67.16, Gold, $2729.16 The Canadian...
Canadian Retail Sales expected to rise 0.5%m/m in August. US Durable Goods data and Consumer Sentiment should support greenback US dollar opens mixed, but commodity bloc underperforms. USDCAD: open...
Bank of Canada cuts rates 50 bps and indicates more cuts to come. Eurozone and UK ignoring PMI reports. US dollar is trading defensively, albeit only modestly. USDCAD: open...
Bank of Canada poised to cut rates by 50 bps. IMF predicts Canada GDP growth to outpace G-7 in 2025. US dollar opens slightly higher vs majors except CAD and...
US election jitters underpinning US dollar. Treasury yields climb on Fed caution. US dollar mixed but rangebound to start the day. USDCAD: open 1.3834, overnight range 1.3822-1.3838, close...
China cuts 1 and 5 year LPR US dollar opens with gains except against CHF. USDCAD: open 1.3822, overnight range 1.3799-1.3827, close 1.3802, WTI $69.86, Gold, $2734.48 USDCAD is...
Risk sentiment rises in Asia as PBoC hints at RRR cuts. WTI oil prices trade defensively. US dollar consolidates recent gains in a mixed session overnight. USDCAD: open 1.3793,...
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