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USD/CAD Forecast: Canadian Data Curbs CAD's Enthusiasm, GDP Eyed
Friday, January 25, 2019 - 10:15am | 898Read More...USD/CAD advanced on weak Canadian data, as oil failed to advance. Canadian GDP stands in a week dominated by the Fed. The technical picture is mixed for the pair. This Was The Week: Weak Data All Around The Canadian Dollar was on the back foot as data missed expected. Manufacturing Shipments fell...
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USD/CAD Forecast: CAD Comeback Continues, Inflation And Oil Eyed
Friday, January 11, 2019 - 11:15am | 873Read More...USD/CAD fell on the weakness of the greenback, fueled by the Fed. Inflation data stands out as oil stabilizes. The technical picture is bearish for the pair. The FX Poll shows a mixed picture. This was the week: BOC maintains the hawkish bias The Bank of Canada decided to leave the interest...
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USD/CAD Forecast: After CAD Climbed With Crude, The BOC Is Eyed
Friday, January 4, 2019 - 11:31am | 1165Read More...The loonie suffered from stocks but recovered with oil prices The BOC decision is the main event in the first full week of 2019. The technical picture is still bullish for the pair but experts are bearish on all timeframes. This was the week: Oil jitters and stuttering stocks Oil prices made a...
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USD/CAD Forecast: Oil Is Still An Issue, BOC And Jobs Promise Action
Friday, November 30, 2018 - 9:26am | 1197Read More...Oil prices and a Fed-related wobble shaped USD/CAD trading. A busy week including the BOC decision and the jobs report awaits. The technical picture remains bullish for the pair. This was the week: Oil issues, Powell power Prices of oil continued affecting the Canadian Dollar quite adversely....
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USD/CAD Forecast: Is The Worst Over For Oil And The Loonie?
Friday, November 16, 2018 - 9:05am | 992Read More...The Canadian Dollar fell to the lower ground with oil but stabilized. A double-feature Friday brings the focus back to Canadian data. The technical picture is slightly bullish for the pair. This was the week: Crashing oil, and international trouble Oil prices suffered a massive plunge on Tuesday...
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USD/CAD Forecast: USMCA Sends It Below 1.2800, Levels To Watch
Monday, October 1, 2018 - 9:01am | 475Read More...A new NAFTA is born and renamed as USMCA. The USD/CAD dropped to a four-month low on the relief. The pair has room to fall, at least until the bottom of the downtrend channel. In last-minute late-night talks, Canada and the United States reached an agreement on a new version of the North...
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Canadian Data Preview: Retail Sales Could Be Critical As The BOC Is Keen On Hiking
Tuesday, September 18, 2018 - 8:28am | 795Read More...Canada releases top-tier inflation and retail sales figures on Friday. The data is critical for the BOC's October rate decision. The USD/CAD is balanced into the data. Canada publishes its inflation report for August and the Retail Sales publication for July on Friday, September 21st, at 12:...
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USD/CAD Forecast: Loonie Feeling Less Lonely, Double-Feature Friday Eyed
Friday, September 14, 2018 - 8:27am | 933Read More...A weak USD and NAFTA hopes pushed USD/CAD down. Friday's Canadian inflation and retail sales numbers stand out. The technical picture is mixed for the USD/CAD. This was the week: Some NAFTA hopes, low US inflation Mexican Negotiator Ildefonso Guajardo expressed optimism about...
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USD/CAD Little Changed, Canadian New Car Sales Fall
Wednesday, March 15, 2017 - 7:52am | 52Read More...USD/CAD is trading at 1.3462, down 0.0009. The pair is trading rangebound. Market chatter about economic data and headline news is making the rounds. Statistics Canada reported that Canadian new car registrations fell to 112,996 in January from 128,352 in December. Statistics Canada is scheduled...
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USD/CAD Little Changed Ahead of Data
Wednesday, March 15, 2017 - 6:10am | 46Read More...USD/CAD is trading at 1.3458, down 0.0012. The pair is trading rangebound. Market chatter about headline news, U.S. economic data and U.S. Federal Reserve monetary policy is making the rounds. Statistics Canada is scheduled to release new motor vehicle sales data at 8:30 a.m. ET.
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USD/CAD Little Changed
Tuesday, March 14, 2017 - 5:55am | 54Read More...USD/CAD is trading at 1.3452, up 0.0001. The pair is trading in the middle of the session range. Market chatter about headline news and comments from policy makers has kept both buyers and sellers active in a narrow range. Statistics Canada is scheduled to release new motor vehicle sales data...
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USD/CAD Trading Lower
Monday, March 13, 2017 - 10:45am | 46Read More...USD/CAD is trading at 1.3438, down 0.0028. The pair is trading a little above the session lows, market chatter about the upcoming U.S. Federal Reserve policy meeting and global headline news is making the rounds. Some chatter about sellers near 1.3535 and buyers near 1.3400 is showing up.
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USD/CAD Little Lower
Monday, March 13, 2017 - 4:21am | 53Read More...USD/CAD is trading at 1.3448, down 0.0015. The pair is trading a little above the session lows. Market chatter about weekend global headline news and comments from various policy makers has kept both buyers and sellers active in a narrow range. Statistics Canada is scheduled to release Canadian...
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USD/CAD Trading Lower, Canadian Unemployment Falls
Friday, March 10, 2017 - 8:33am | 48Read More...USD/CAD is trading at 1.3451, down 0.0056. The pair is trading at the session lows. Statistics Canada reported that February unemployment fell to 6.6 percent versus 6.8 percent in January and 15,300 jobs were created versus a gain of 48,300 in January. Canada's February labor participation rate...
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USD/CAD Little Lower Ahead of Data
Friday, March 10, 2017 - 5:39am | 44Read More...USD/CAD is trading at 1.3497, down 0.0010. The pair is trading rangebound and in the middle of the session range. Market chatter about headline news and economic data is making the rounds. Statistics Canada is scheduled to release Canadian unemployment data at 8:30 a.m. ET.
