BOC

USD/CAD: Expected to drop below 125 by the end of the year barring another big correction in oil prices – ING

USD/CAD: Expected to drop below 125 by the end of the year barring another big correction in oil prices – ING

The fall from Crude oil prices helped USD/CAD rise above 1.2900 on Monday, after having been weighing heavily on the…

USD/CAD volatile after the BOC decision and after the US CPI.

USD/CAD is trading in a 120 pip range, courtesy of Level 1 data from both countries. The Bank of Canada…

Bank of Canada raises interest rate by 100 basis points to 2.5%

Bank of Canada surprises with higher-than-expected rate hike. The CAD appreciates throughout the market. The Bank of Canada (BoC) raised…

USD/CAD recovers near 1.2650 after US data.

USD/CAD recovers some ground and is positive for the week, up 0.42%. The BoC's Macklem said the Canadian economy is…

USD/CAD bulls take over to prevent a move to Apr 21 lows

USD/CAD corrects latest downward push from lows. The bears seem to be moderating at 1.2458, which could be taken advantage…

The BoC has an increasing chance of taking interest rates to 3.0% or higher — Paul Beaudry

Bank of Canada (BoC) Deputy Governor Paul Beaudry said on Thursday that the BoC sees a growing probability that it…

The Bank of Canada meets expectations and raises its interest rates 50 basis points to 1.5%

The The Bank of Canada has met market expectations by announcing a 50 basis point hike in its interest rates,…

USD/CAD awaits BoC at one-month lows near 1.2600

The loonie remains among the best performing currencies. USD/CAD targets 1.2600, vols expected to remain elevated. Bank of Canada: the…

USD/CAD bounces back after hitting fresh 2-week lows below 1.2800

The USD/CAD pair is trading sideways again at the 1.2830 area after hitting two-week lows earlier in the session. The…

USD/CAD consolidates above 1.3000

USD/USD is consolidating just above 1.3000, not far from 18-month highs at 1.3050. A strong US dollar amid recent US…