Tag: CAD
As risk off holds, Aussie attracts more bulls
Australian and Canadian Dollars managed to eke out respective 3- and 2-session highs against the US Greenback. This was seen amid a steadying in...
Loonie ahead of CPI and Retail Sales
USDCAD has rebounded from recent losses, tracking a broader price action in the US Dollar. Above forecast data out of the US, including the...
BOC unchanged – Loonie at 1.3440
BoC held rates steady at 1.75%, matching widespread expectations. The bank watered down its commitment to normalization, saying "Governing Council judges that the outlook...
Update on Canadian crosses
USDCAD, EURCAD
USDCAD is in consolidation mode near 1.3300 after rallying sharply after disappointing Canadian GDP data, which sent the pair to an initial peak at...
EURCAD: Could the 2-day rally be just a correction?
EURCAD lifted to a two-session high at 1.5007, which is about 18% up on the 8-week low seen yesterday. A sharp 3%-odd dive in...
Oil has reversed 38.2% of its Q4 losses
WTI crude got a boost from the strong US Jobs report, which was accompanied by several other upbeat reports. The jobs report has alleviated some of...
