USDCAD consolidates above key resistance amid mixed US data and a recent BoC rate cut. Buyers eye a breakout to 1.4295, while sellers watch for a break below 1.4080 signaling a pullback. Market await…
Canadian dollar weakened to 1.3945 as S&P Global manufacturing PMI fell to 47.7, boosting BoC rate-cut odds; oil weakness and firmer USD added pressure, lifting USDCAD toward four-month highs.
The Canadian dollar slipped about 0.3% to a one-week low after the Bank of Canada cut rates 25bp and markets price further easing; a firmer US dollar, wider Canada‑US 10-year spread and softer oil we…
Fed’s dot plot signaled fewer 2025 cuts boosting the dollar while BoC cut 25bps, weakening the loonie. USDCAD rests at 1.3720 support with technical upside toward 1.40; US jobless claims and Canadian…
The Fed cut rates 25bp and signaled two more cuts, briefly pushing the dollar lower versus the euro before Powell’s cautious remarks supported the greenback; BoC also cut 25bp, weakening the Canadian…
USDCAD rose ~0.2% after the BoC cut rates 25bp to 2.5% as expected; the Fed also cut 25bp. Oil fell and Canadian yields rose, and markets price further BoC easing later this year, keeping the loonie …
The Bank of Canada cut rates 25bp to 2.5%, weakening the Canadian dollar vs the U.S. dollar; USDCAD traded near 1.3760 as DXY and yields rose, oil fell, and markets await the Fed decision with more B…
Markets are mixed ahead of BoC and Fed rate decisions; both are expected to cut 25bp, boosting near-term FX volatility and influencing EURUSD, GBPUSD and USDCAD moves.
The Canadian dollar rose to a two-week high as broad U.S. dollar weakness and a rise in oil supported the loonie; Canada's inflation stayed below forecasts, reinforcing market bets on a BoC rate cut …
Canadian employment plunged by 65,500 in August, lifting USDCAD as the loonie weakened, oil prices fell and bond yields dropped, boosting odds of a Bank of Canada rate cut.
Canadian dollar fell for a fourth day, touching weakest since Aug 27 after a stronger-than-expected US ISM services report boosted the dollar. Markets price a likely BoC rate cut amid Canada’s servic…
The Canadian dollar weakened as markets priced a roughly 50% chance of a Bank of Canada September rate cut while U.S. Treasury yields jumped, boosting the dollar; higher oil limited the loonie's drop.