Tag: USDCAD
BoC Policy Meeting: Will They Remain Hawkish or Turn Neutral?
The focus on mixed NFP data as well as US inflation data this week will be followed by the ECB (Thursday) and FOMC (16...
US & Canadian Jobs Day – Headlines Disappoint
USDCAD, H1
US nonfarm payrolls climbed 559,000 in May, falling a bit short of estimates, following increases of 278,000 (was 266,000) in April and 785,000...
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...
CAD & USOil – The trends continue into the new month
USDCAD & USOil, H4
Canada's GDP grew at a 5.6% pace in Q1, undershooting expectations following the 9.3% clip in Q4 (revised from 9.6%). However,...
Live Analysis – FOMC Preview & CAD Inflation Data
The FOMC minutes to the April 27-28 policy meeting are due today. There were no surprises in the outcome where rates and QE were...
Dollar Doldrums Continue
EURUSD, H1
The Dollar has tracked lower, which shouldn't be too surprising given the prevailing buy-in of the Fed's transitory narrative on inflation alongside the...
