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The Canadian dollar slipped to a one-month low near 1.39 against the US dollar following August CPI data matching expectations at 3.0%. Contained core inflation reduces pressure on the Bank of Canada…
Crude oil tumbled over 2% amid reassessments of US sanctions on Iran, while gold gained. USDCAD climbed 0.6% to 1.3848 as escalating US-Canada trade tensions and new US tariffs weighed heavily on the…
Trump announced 50% tariffs on Canadian vehicles and parts starting 2027 after bilateral trade talks collapsed. Washington also slapped 50% tariffs on $20 billion in Canadian goods, triggering Canadi…
The Canadian Dollar has weakened to 1.41 against the US Dollar, marking a major multi-year low. USDCAD has surged 2.88% over the past four weeks, reflecting sustained upward momentum for the currency…
The Canadian dollar strengthened vs. the U.S. dollar as Canadian bond yields rose, alongside a rally in U.S. government yields and crude oil prices.
The Canadian dollar edged higher hitting a near five-month peak against the USD, supported by commodity price gains and narrowing yield spreads despite a November factory sales decline.
The Fed is expected to deliver a hawkish 25bps rate cut, supporting the dollar, while the yen weakens sharply after a major earthquake. BoC likely to hold rates, boosting USDCAD, EURUSD edges lower a…
USDCAD rose strongly after Canada’s Q3 GDP soared 2.6% vs 0.5% forecast, while GBPUSD edged up marginally and EURUSD stayed mostly flat amid mixed USD moves and steady US stocks.
USDCAD is on a strong upward trend with six consecutive daily gains, bolstered by a less dovish FOMC decision and key technical breakouts signaling continued bullish momentum.
USDCAD rose as the Canadian dollar weakened past 1.400 amid a stronger US dollar, declining oil prices, and expectations of rate cuts by the Fed; Canada awaits a weaker employment report and possible…
The Canadian dollar weakened past 1.394 per USD as BoC openness to further rate cuts, a contracting manufacturing PMI and sliding oil prices increased expectations of more easing and reduced CAD dema…