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...
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...
The Canadian Dollar is currently declining against the USD as inflation came out at 1.4%, lower than the 1.5% expectation. Importantly, the BoC core...
The Dollar fell following the mix of data, where retail sales were way under expectations, PPI headline cooler, core hotter, and jobless claims higher...
Canada's 66.8k January jobs jump features mixed details, but was still the largest one-month gain in private sector employment on record.
Stuart Cowell
Head Market Analyst
Disclaimer: This...
The USD remains strong today along with US equities, as they rebound into the green after a fresh batch of earnings reports buoyed sentiment.
Stuart Cowell
Head...