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Usd/cad forecast: loonie stalls gains led by soaring wti
The Canadian dollar remained strong amid higher oil prices. Oil hit a 10-month high on Friday. Economists expect Canada’s inflation to record an ann...
September 19, 2023, 11:15 am
Usd/cad: loonie rallies to best levels in a month as $100 crude risks grow
Bloomberg Survey: Chance of a recession happening over the next 12 months is 45% Canadian swaps pricing in 27.6% chance of a rate hike at October 25th...
September 18, 2023, 6:27 pm
Usd/cad dips into 1.3480 as oil continues to bolster crude-dependent loonie
The Dollar-loonie pairing is trading to the midpoint of familiar territory initially reached in late 20...
September 18, 2023, 5:14 pm
Usd to cad prices forecast: loonie rides high on oil amidst fed uncertainties
As the U.S. Federal Reserve’s policy looms, rising crude oil prices are bolstering the Canadian Dollar’s standing, pressuring the USD to CAD. The ...
September 18, 2023, 7:35 am
Usd/cad price analysis: rebounds off key support, as the downtrend remains suspect
The USD/CAD downtrend stalls after the US Dollar found its footing, trimming some of its previous losses against the Loonie. Support emerged at around...
September 15, 2023, 8:59 pm
Usd/cad: loonie rides oil’s bullish wave
US dollar weakness emerges on as inflation expectations fall to lowest levels in over two year; November Fed rate hike odds remain a coin flip Oil ral...
September 15, 2023, 5:44 pm
Usd/cad holds steady above mid-1.3500s, focus remains glued to us cpi report
USD/CAD enters a bearish consolidation phase near a one-and-half-week low set on Tuesday. Bullish Crude Oil prices continue to underpin the ...
September 13, 2023, 2:44 am
Gbp/cad slips as oil prices fuel loonie after mixed uk jobs data
The momentum of the US Dollar has diminished as market sentiment improves, and US yields remain steady ahead of US CPI figures. GBP/USD stabilized aro...
September 12, 2023, 7:29 pm
Usd/cad price forecast: loonie brittle ahead of tomorrow’s boc rate decision
USD/CAD apprehensively awaits the BoC rate announcement & US ISM services PMI while negative divergence develops on the daily chart. Read Full Story a...
September 8, 2023, 8:14 pm
Usd/cad: a hot canadian employment/wage report sends the loonie higher
BOC rate hike odds for the October 25th meeting rise from yesterday’s 23.9% to 28.8% Hours worked climbed to the highest level since February CAD fu...
September 8, 2023, 2:57 pm
Usd/cad: a hot canadian employment/wage report sends the loonie higher
BOC rate hike odds for the October 25th meeting rise from yesterday’s 23.9% to 28.8% Hours worked climbed to the highest level since February CAD fu...
September 8, 2023, 2:42 pm
Usd / cad – canadian dollar steady after boc pause.
Weak German and Eurozone data weighs on EURUSD. – WTI gains give loonie some support. – USD opens h...
September 8, 2023, 4:14 am
Usd/cad sticks to modest intraday gains around mid-1.3600s, bullish potential intact
Retreating Oil prices undermines the loonie and supports prospects for further gains. Read Full Story a...
September 7, 2023, 8:44 am
Why isn’t the canadian dollar getting stronger?
There have been two major events recently that typically would have led to bets that the loonie would g...
September 7, 2023, 8:04 am
Event guide: canada’s employment report (august 2023)
Canada is about to drop its August labor market data! Will the report support the Bank of Canada’s (BOC) policy decision this week & get the ...
September 6, 2023, 6:22 pm
Bank of canada preview - on hold at 5%. look to fade usd/cad rallies.
The Bank of Canada meet on Wednesday, 6 September 2023. The decision is due at 1400 GMT, which is 10 am Eastern time. The consensus is for the Bank of...
September 6, 2023, 12:31 am
Bank of canada preview: loonie hits five-month low ahead of rate decision. what's next
The Canadian dollar is undoubtedly a commodity currency and its largest export by far is crude oil. So why is oil at a 10-month high and the Canadian ...
September 5, 2023, 7:03 pm
Euro to canadian dollar rate forecast: will cad rates rally on bank of canada hike?
The Euro-Canadian Dollar (EUR/CAD) exchange rate is firm ahead of this week’s key risk event for the Loonie, the Bank of Canada interest rate decisi...
September 5, 2023, 11:44 am
Usd/cad price analysis: loonie bulls attack multi-day-old resistance of 1.3610 ahead of key catalysts
Nearly overbought RSI line suggests pullback; bulls should remain cautious below 1.3670. USD/CAD pierces the 1.3600 threshold as buyers attack a downw...
September 5, 2023, 3:14 am
China pmis and market rebound
Given what’s been going on in China lately, there will be a lot of attention on the upcoming Chinese PMIs. Not only because China is likely to drive...
August 30, 2023, 11:02 am