Canadian Dollar Update – Canadian dollar firm but rangebound
Canadian dollar awaiting US inflation data. Fed Chair Powell testifies again-this time to the House at 10:00 am. USD opens on a mixed not with the Japanese yen underperforming....
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Canadian dollar awaiting US inflation data. Fed Chair Powell testifies again-this time to the House at 10:00 am. USD opens on a mixed not with the Japanese yen underperforming....
Canadian dollar shrugs off latest Trump tariff Fed Chair Powell testifies at 3:00 pm USD opens with modest gains after cautious overnight session. USDCAD: open 1.4343, overnight range 1.4316-1.4345,...
Canadian dollar sinks then climbs on latest Trump tariff salvo New Trump tariffs sour risk sentiment. USD opens higher-EURUSD loses the most. USDCAD: open 1.4333, overnight range 1.4316-1.4381, close 1.4292,...
Upside risk to Canada job gain forecast of 25,000. NFP revisions are key to US dollar trading today. USD opens little changed after quiet overnight session. USDCAD: open 1.4325...
Canadian dollar returns to early January level. Global risk sentiment improves after China’s “measured” tariff retaliation. US dollar on the defensive with losses across the board. USDCAD: open1.4279 overnight...
Economic Outlook and Summary As the month progressed, Trump’s tariff threat level ratcheted higher and then came to a head on January 20, just after he was sworn in as...
Canada-US trade war averted-for now China hits back at Trump tariffs US dollar gives back most of yesterday’s gains USDCAD: open 1.4408 overnight range 1.4387-1.4503 close 1.4427, WTI $71.88,...
Tariffs are coming to Canada and Mexico US PCE Price index data on tap USD grinding higher. USDCAD: open1.4489 overnight range 1.4431-1.4511, close 1.4492, WTI $72.506 Gold, $2793.35 The...
BoC expected to cut rates by 25 bps-FOMC to leave them unchanged. Lunar New Year begins in Asia-many centers are closed. USD trades drifting ahead of FOMC meeting. USDCAD:...
Trump reiterates universal tariffs. Equities attempting to recoup yesterday’s losses. USD rallies against all the majors-JPY is the weakest. USDCAD: open 1.4413, overnight range 1.4367-1.4416, close 1.4376, WTI $73.64, Gold,...
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