Tag: CAD
CAD & Oil ahead of June employment
USDCAD has posted an 11-day high at 1.3628 (above R1) as USOil fell to an 11-day low at $38.74, extending the correction from the...
Canada’s CPI slowed – Steady Loonie?
Canada's CPI slowed to a -0.4% y/y rate in May, contrary to expectations for little change (median +0.1%) after the -0.2% y/y contraction in...
Boon to the Oil-correlating assets
The Canadian Dollar has rallied, like other commodity currencies, amid rising global stock markets.
Front-month WTI crude prices also hit a new high at $35.77,...
Canada’s -10.0% retail sales plunge in March
Canada's -10.0% retail sales plunge in March matched expectations for a hefty pull-back amid the lockdowns in the second half of the month. It was...
FX Update | 28 April
Commodity currencies have seen moderate losses against the Dollar and other main currencies against a backdrop of sputtering low-volume stock market trading and a...
FX Action for April 22
Outside a jump in the Aussie most currencies have been stable so far today, holding relatively narrow ranges against a backdrop of steadying stock...
