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Strong Canadian jobs data boosts the Canadian dollar, pushing USDCAD below key moving averages. This may prompt renewed Bank of Canada tightening, increasing bearish pressure on the USD against CAD i…
Canada's jobs report shows weaker employment growth and rising unemployment, pressuring USDCAD below key moving averages, indicating bearish momentum with critical technical levels determining furthe…
Canadian dollar moved in a narrow range as oil prices and benchmark yields fell, leaving USDCAD near 1.3928 after modest intraday moves.
USD/CAD steadied near 1.394 as Canadian GDP held steady and July was revised up, while softer US PCE inflation eased dollar strength, reducing upward pressure on the pair and supporting the loonie.
Canada's trade talks and tariff rollbacks boosted the Canadian dollar, pushing USD/CAD down to 1.3768; a head-and-shoulders top on the daily chart warns of further downside if the neckline breaks.
Canadian retail sales rose about 1.0% in August, strengthening the loonie toward 1.375 per USD and reducing odds of aggressive BoC easing; USD volatility after the Fed cut added noise as markets dige…
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…
USDCAD rose 0.14% while GBPCAD gained 0.27% and the TSX added 0.16%, signaling modest risk-on flows and slight Canadian dollar weakness.
USDCAD rose 0.15% while GBPCAD and the TSX posted modest gains, indicating slight Canadian-dollar weakness and limited intraday FX movement.
The Canadian dollar strengthened past 1.38 per USD after August headline CPI was subdued but core inflation stayed near 3%, raising odds BoC keeps policy restrictive; a softer US dollar due to Fed ea…
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.
USD/CAD rose 0.19%, reflecting a modest uptick in the US dollar versus the Canadian dollar in a small intraday forex move.