Tag: LOONIE
US Open – Powell Testimony & Bank of Canada
BoC & Powell Dominate today. USD and CAD are in focus as traders eye today’s BoC monetary policy and rate decision and Fed Powell's...
Loonie ahead of a potentially bitter Canadian data
Global recovery expectations continue to firm while inflation worries have abated, for now. The employment reports are the hot topic of the week, since...
BOC Review: No change expected but CAD still faces risks
It's red across equity screens amid a bout of risk aversion, though again many indexes are just off all-time highs. European stocks sold off, while ...
CAD remains and should continue to remain capped
Canada's GDP grew 9.6% in Q4 (q/q, saar), better than expected after the 40.6% bounce in Q3 (was 40.5%) that followed the 38.5% plunge in...
Twin US/Canada Jobs reports for August
USDCAD rallied to 1.3118 highs from 1.3078 lows following the twin US/Canada jobs reports. Both were close to consensus expectations, though the USD appeared to...
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...
