Market context
Follow the story. See which markets it affects. Explore the context.
Crude oil prices surged over 1% due to escalating US-Iran tensions and potential Strait of Hormuz supply disruptions. Gold edged higher, while USDCAD fell 0.40% after better-than-expected Canadian ma…
Canadian dollar weakened against the US dollar as factory sales fell 3.0% in March, missing expectations of 3.5% growth. However, April housing starts exceeded forecasts at 279,300 units versus 240,0…
The Canadian dollar weakened to a two-month low against the USD amid safe-haven demand, despite rising oil prices and upbeat Canadian factory sales. USDCAD may rise further if geopolitical tensions p…
The Canadian dollar weakened against the U.S. dollar as Canadian bond yields fell and U.S. yields rose. Canadian building permits declined, while U.S. crude oil prices surged above $92, pressuring th…
The Canadian dollar weakened against the US dollar as Canadian government bond yields edged higher alongside a stronger US yield and rising crude oil prices; Canadian building permits also rose in De…
The Canadian dollar weakened against the U.S. dollar due to a sharp drop in oil prices and weak Canadian economic data, impacting export values and pushing USDCAD to a five-week low.
The Canadian dollar strengthened against the U.S. dollar amid rising oil prices and escalating geopolitical tensions affecting oil supply, ahead of October GDP data expected to show economic slowdown.
The Canadian dollar reached its strongest level since late October supported by rising oil prices, stronger GDP data, and stable Bank of Canada policy expectations ahead of November jobs data.
USDCAD dropped sharply after weaker-than-expected Canadian GDP data, testing key support near 1.3937. Resistance around 1.3968–1.3975 limits upside, maintaining short-term bearish bias with possible …
Stronger-than-expected Canadian jobs data pushed USDCAD to new lows, but a rebound failed to hold above resistance, indicating cautious short-term downside potential if key support levels break.
USDCAD rises as a strong US dollar and expectations of prolonged Fed rate hikes outweigh Bank of Canada’s hawkish signals amid weak Canadian GDP and labour data.
USDCAD remains stable despite new U.S. tariff threats on Canada; markets anticipate Bank of Canada rate cut amid economic slowdown and steady wholesale trade in September.
The Canadian dollar weakened versus the US dollar as Canadian 10-year bond yields fell and building permits declined, with US crude oil prices also dropping, signaling economic softness in Canada.