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Rosenberg Research argues the Bank of Canada should halt interest rate hikes as escalating US trade tensions and tariffs threaten economic growth. While markets still price in monetary tightening, mo…
The Bank of Canada held its benchmark rate at 2.25% amid escalating US-Canada trade tensions and tariff threats. While rising oil prices stoke inflation concerns, tariff-related growth risks cloud th…
UBS warns that US tariffs threaten Canadian provincial economies, particularly Ontario and Quebec, due to high export exposure in autos, steel, and aluminum. Weaker growth may increase provincial bor…
U.S.-Canada trade talks collapsed, triggering 50% tariffs on $20 billion of Canadian goods. The development boosted domestic U.S. steel and aluminum producers while placing substantial economic press…
TSX hit a record high as oil and utilities rallied on supply disruption fears, while USD/CAD held steady amid mixed CAD forecasts and gold edged up slightly.
Crude oil futures surge over four percent while the USDCAD currency pair remains virtually flat, indicating a temporary divergence from typical commodity-correlation patterns.
USDCAD edges slightly higher by 0.05% despite a massive 4.26% surge in WTI crude oil prices.
USDCAD remains nearly flat, up just 0.05%, despite a massive 4.62% surge in crude oil futures.
Crude oil futures spiked over 4%, while the USDCAD currency pair remained remarkably steady, posting a minor gain of around 0.07%.
USDCAD weakens amid falling Canadian retail sales, declining oil prices, and narrowing Canada-US 10-year yield spread, increasing expectations of a Bank of Canada rate cut next year.
USDCAD dipped 0.1% amid mixed factors: rising oil prices support the loonie while weaker Canadian trade data and easing expectations weigh. Upcoming Canadian jobs data could drive further movement, w…