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Usd/cad slides toward 1.3700 as loonie soars on upbeat canadian jobs report

The numbers boosted both the US Dollar and the Canadian Dollar, resulting in the USD/CAD remaining in a familiar range around 1.3720. The ...

October 6, 2023, 2:00 pm

Things will remain interesting for the cad – commerzbank

In addition to the US labour market data, the Canadian labour market data will be published at the same time. Economists at Commerzbank analyze Loonie...

October 6, 2023, 10:44 am

Usd/cad posts modest gains around 1.3750, canadian pmi, us jobless claims eyed

USD/CAD trades in positive territory for the fifth consecutive day on Thursday. Selling pressure in oil prices dragged the commodity-linked ...

October 5, 2023, 1:29 am

Usd/cad climbs to 1.3700 neighbourhood, highest since march on sliding oil prices/bullish usd

USD/CAD gains traction for the third straight day and climbs to a fresh multi-month top. Retreating Oil prices undermines the ...

October 3, 2023, 2:59 am

Usd/cad: loonie could extend its gains over the near term – hsbc

GBP/USD turned south and retreated to the 1.2150 area after spending the Asian session in a tight range near 1.2200. The souring market mood, as refle...

October 2, 2023, 2:44 pm

Usd/cad outlook: dismal canadian gdp weighing on loonie

The Canadian dollar depreciated to a two-week low against the US dollar on Friday. Canada’s manufacturing sector experienced its most significant de...

October 2, 2023, 9:39 am

Usd/cad: loonie weakens after gdp miss and on oil profit-taking

Canadian economy struggles to find growth Oil price rally exhausted as $100 price remains elusive GDP sends BOC rate hike odds down; October 25th meet...

September 29, 2023, 8:04 pm

Us dollar erases losses as the month winds down

There may be a bit of a rush for USD liquidity into month end. Otherwise the latest move in the dollar is tough to explain.Notably, stocks are off the...

September 29, 2023, 2:17 pm

Usd/cad finds intermediate support above 1.3400 on canada’s sluggish gdp

The USD/CAD pair discovered buying interest near 1.3420 in the early New York session. The loonie asset...

September 29, 2023, 2:14 pm

Usd/cad to give up a little more ground to low/mid-1.34s on weakness below 1.3490 – scotiabank

loonie is underperforming but that essentially means no movement in USD/CAD around the 1.35 level. Shau...

September 28, 2023, 11:59 am

Usd/cad trades with modest losses below 1.3500 as oil prices surge to over one-year high

USD/CAD drifts lower for the second straight day and retreats further from over a one-week high. Bullish Oil prices continue to underpin the ...

September 28, 2023, 2:29 am

Usd/cad slipping back beneath 1.3500 as surging oil prices boost cad

The USD/CAD kicked Wednesday off with a jump to 1.3543 as the US Dollar (USD) caught a broad-market bid on risk aversion and bumper US data, but soari...

September 27, 2023, 9:44 pm

Usd/cad price forecast: usd/cad breaks 5-day range despite resumption of wti rally

The loonie struggled today after a period of consolidation as a rampant US Dollar and rising US Yields ...

September 26, 2023, 8:38 pm

Usd/cad trades sideways around 1.3460 ahead of the us consumer confidence data

USD/CAD consolidates in a narrow trading band near 1.3458 on Tuesday. The downtick in oil prices undermines the commodity-linked Loonie. Most Fed offi...

September 26, 2023, 1:44 am

Usd to cad prices forecast: loonie rises as oil surges and u.s. yields dip

The Canadian Dollar firms with oil’s rebound amid Russia’s export ban, affecting USD to CAD trends The post USD to CAD Prices Forecast: ...

September 22, 2023, 9:46 am

Usd to cad prices forecast: loonie's rally checked by crude oil and u.s. rates

Loonie's eight-day rally, fueled by crude oil, meets resistance as U.S. Dollar strengthens on hawkish Fed remarks, Treasury yield surge....

September 21, 2023, 6:06 am

Usd/cad recovers to 1.3450 region as greenback rebounds

The USD/CAD started Tuesday in freefall, declining from the day’s open near 1.3480 and tapping into 1.3380. Rising oil prices are bolstering the ...

September 19, 2023, 7:44 pm

Eur/cad: loonie rallies after hot inflation report make next boc meeting a coin flip

BOC’s three-month moving average surged by a full point to 4.5% Odd’s for the October 25th BOC policy meeting jumped to 50.5% vs 25.1% yesterday T...

September 19, 2023, 4:25 pm

Dollar wavers as fed’s two-day policy meeting begins

Modest dollar weakness is emerging as the Fed begins their two-day policy meeting; the euro is back above the 1.07 level, while the ...

September 19, 2023, 2:18 pm

Dollar wavers as the fed’s two-day policy begins

Modest dollar weakness is emerging as the Fed begins their two-day policy meeting; the euro is back above the 1.07 level, while the ...

September 19, 2023, 12:25 pm


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