Canadian Dollar Update – Canadian dollar treading water
Expectations for Fed to cut rates in September drop. US PPI data on tap US dollar is consolidating yesterdays gains at the open. USDCAD open 1.3691, overnight range 1.3694-1.3709,...
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Expectations for Fed to cut rates in September drop. US PPI data on tap US dollar is consolidating yesterdays gains at the open. USDCAD open 1.3691, overnight range 1.3694-1.3709,...
Trump slaps 35% tariff on Canada effective August 1 Tariff fatigue takes sting out of latest Trump tariff action against EU and Mexico. US dollar modestly higher on risk aversion....
Canadian dollar sinks after Trump’s latest tariff salvo Trump hints at even higher tariffs globally US dollar firms on risk aversion USDCAD open 1.3700, overnight range 1.3653-1.3731, close...
Copper prices soar after Trump hikes tariffs by 50%. FOMC minutes confirmed Powell’s cautious stance. US dollar opens modestly lower in quiet overnight session USDCAD open 1.3678, overnight range...
Traders dismiss Trump’s latest tariff salvo on Copper and Pharmaceuticals. FOMC minutes may reveal extent of dovish bias. US dollar slightly higher ahead of FOMC minutes. USDCAD open 1.3665,...
Trump sends tariff letters-punts tariff deadline to August 1. Global equities shrug off tariff letter news. US dollar opens mixed-EUR retreats, AUD rallies. USDCAD open 1.3651, overnight range 1.3638-1.3684,...
Risk aversion rises as tariff deadline nears Opec raises production more than expected US dollar opens with gains across the board USDCAD open 1.3674, overnight range 1.3593-1.3686, close 1.3605,...
Economic Outlook and Summary June turned out to be more bark than bite. Markets braced for tariff fallout, Fed pivot signals, and a growth scare—but what they got was a...
Quiet trading day ahead as US markets are closed. Tariffs and tariff deadlines weighing on risk sentiment. US dollar little changed but with bearish outlook. USDCAD open 1.3591, overnight...
US Markets closed Tomorrow-NFP report today. Weak US data raises odds for 3 Fed rate cuts in 2025 US dollar trading with a negative bias USDCAD open 1.3591, overnight...
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