Canadian Dollar Update – Canadian dollar spinning its wheels
Cautious start to trading ahead of key US data this week and month end flows. Global equities rise on improved risk sentiment. US dollar dips on improved risk sentiment....
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Cautious start to trading ahead of key US data this week and month end flows. Global equities rise on improved risk sentiment. US dollar dips on improved risk sentiment....
China and US talk about lowering some tariffs on some goods. Canada Retail Sales -Ex autos forecast -0.4% (previously 0.2% m/m) US dollar catches a bid-JPY underperforms. USDCAD: open 1.3891,...
Renewed trade fears turn sentiment bearish. US Durable Goods Orders and weekly jobless claims on tap. US dollar consolidating yesterdays gains but opens on the defensive. USDCAD: open 1.3844, overnight...
Risk sentiment turns positive as Trump back-tracks on Powell. Stock markets rally and Treasury yields sink US dollar rallies but CAD and MXN outperform USDCAD: open 1.3805, overnight range 1.3798-1.3861,...
Trump’s threat to fire Powell tanks greenback. China Leaves benchmark rates unchanged US dives across the board. USDCAD: open 1.3797, overnight range 1.3781-1.3851, close 1.3848, WTI 62.14 Gold 3394.83. The...
BoC left rates unchanged, and Loonie rallied Fed Chair Powell fears higher inflation. US trading defensively in narrow ranges USDCAD: open 1.3892, overnight range 1.3855-1.3897, close 1.3858, WTI 63.16, Gold...
Analysts are divided as to a BoC rate hold or cut decision. Fed Chair Powell on tap this afternoon US opens mixed but trading with a negative bias. USDCAD: open...
Canada CPI expected to be unchanged in March. Trump hinting at a pause in auto tariffs. US still on the defensive. USDCAD: open 1.3857, overnight range 1.3850-1.3909, close 1.3877,...
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