Expert, money saving updates, forecasts & tips on the CAD exchange

Canadian Dollar Update – Canadian Dollar Awaiting Canada Day

Canadian economy is expected to have grown 0.3% m/m in April. Canadian markets are closed on Monday. US dollar opens mixed after choppy overnight session USDCAD: open 1.3695, overnight range...

Canadian Dollar Update – Canadian Dollar Uninspired

BoC July rate cut hopes downgraded. Lots of US data but little interest. US dollar inches higher in quiet overnight session. USDCAD: open 1.3683, overnight range 1.3678-1.3713, close 1.3703, WTI...

Canadian Dollar Update – Canadian Dollar Struggling

Loonie gives back post-CPI gains. Hawkish Fed-speak underpins greenback US dollar opens with gains across the board, except against AUD. USDCAD: open 1.3672, overnight range 1.3650-1.3694, close 1.3659, WTI $81.56,...

Canadian Dollar Update – Canadian Dollar steady into CPI

Canadian inflation data on tap. BoC Governor predicting economic soft landing. US dollar mixed in uneventful trading. USDCAD: open 1.3659, overnight range 1.3641-1.3663, close 1.3659, WTI $81.23, Gold, $2333.22 The...

Canadian Dollar Update – Canadian Dollar trading sideways

Large USDCAD option expiries and Retail Sales ahead. Eurozone PMI’s weaker than expected. US dollar consolidating recent gains in subdued overnight session. USDCAD: 1.3676, overnight range 1.3670-1.3708, close 1.3694, WTI...

Canadian Dollar Update – Canadian Dollar Undecided

Large USDCAD option expiries and Retail Sales ahead. Eurozone PMI’s weaker than expected. US dollar consolidating recent gains in subdued overnight session. USDCAD: open 1.3691, overnight range 1.3674-1.3699, close 1.3700,...

Canadian Dollar Update – Canadian Dollar Adrift

Bank of England leaves rates unchanged. Focus shifts to US data, including jobless claims and Philly Fed US dollar opens with a slight bid. USDCAD: open 1.3716, overnight range 1.3704-1.3721,...

Canadian Dollar Update – Canadian Dollar gets a boost

US markets closed UK inflation hits target but data mixed. US dollar trading lower after quiet overnight session. USDCAD: open 1.3717, overnight range 1.3707-1.3727, close 1.3719, WTI $80.60, Gold, $2328.07...

Canadian Dollar Update – Canadian Dollar getting squeezed

US Retail Sales expected to rise 0.2% m/m. German and Eurozone ZEW data ignored. US dollar opens consolidating recent moves. USDCAD: 1.3748, overnight range 1.3710-1.3757, close 1.3723, WTI $79.56, Gold,...

Canadian Dollar Update – Canadian Dollar direction undecided

  Political uncertainty leaves EURUSD on the defensive. Plenty of central bank meetings this week, although expectations are low. US dollar opens slightly firmer vs majors in quiet trading.  ...