Canadian Dollar Update – Canadian dollar rangebound
Trump/Putin Summit tomorrow US PPI and jobless claims data on tap US dollar opens with small gains compared to Wednesday’s close USDCAD open 1.3776, overnight range 1.3745-1.3784, close 1.3760,...
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Trump/Putin Summit tomorrow US PPI and jobless claims data on tap US dollar opens with small gains compared to Wednesday’s close USDCAD open 1.3776, overnight range 1.3745-1.3784, close 1.3760,...
US inflation expected to rise Trump extends China tariff pause until November 9 US dollar opens on a slightly firmer note USDCAD open 1.3791, overnight range 1.3772-1.3798, close...
Weak employment report continues to pressure Loonie China tariffs go in effect Tuesday-unless there is another extension US dollar opens mixed but little changed from Friday USDCAD open 1.3775,...
FOMC board gets dovish injection Gold rises on tariff rumours US dollar opens mixed-yen underperforms USDCAD open 1.3720, overnight range 1.3728-1.3758, close 1.3746, WTI 64.25, Gold 3400.71 The Canadian...
Trump’s tariffs go into effect today Putin/Trump meeting may happen in next few days US dollar sliding on improved risk sentiment USDCAD open 1.3733, overnight range 1.3722-1.3747, close 1.3741,...
Economic Outlook and Summary Trump’s July 9 tariff deadline morphed into an August 1 start, and throughout the month, global leaders tripped over themselves to appease Trump’s demands of “what...
Weak US data increases Fed rate cut fever Trump promises more Russia sanctions US dollar trading defensively USDCAD open 1.3769, overnight range 1.3759-1.3780, close 1.3774, WTI 66.16, Gold 3359.20...
Opec boosts production by 547,000/bpd. Fed Governor resigns and Trump fires head of BLS. US dollar consolidating post-NFP losses. USDCAD open 1.3803, overnight range 1.3764-1.3810, close 1.3780, WTI 65.47,...
Canada hit with 35% tariff effective today US employment data, ISM PMI and Michigan Consumer Confidence ahead US dollar extended this week’s gains USDCAD open 1.3878, overnight range 1.3843-1.3876,...
Hawkish sounding Powell lifts US dollar. Trump announces trade deals and more tariffs. US dollar rises across the board. USDCAD open 1.3848, overnight range 1.3813-1.3848, close 1.3830, WTI 69.37,...
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