Canada

A combination of factors triggered new selling around USD / CAD on the last day of the week. A generally positive risk tone affected the dollar as a safe haven and provided support to the downside. A rally in crude…
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The Canadian dollar is rising due to the general weakness of the US dollar. Higher crude oil prices boost the Canadian dollar. Canada's CPI for September increased 4.4%, up from 4.1% in August. The USD / CAD it falls…
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USD / CAD cuts some weekly losses amid the general strength of the US dollar. Market risk appetite, represented by US equity indices, hurts safe-haven currencies, except for the dollar. The loonie falls, despite…
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Manufacturing sales in Canada increased modestly in August. USD / CAD is trading in negative territory below 1.2400. Manufacturing sales in Canada rose 0.5% on a monthly basis in August to C $ 60.3 billion, data…
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USD / CAD breaks below 1.2500 amid rising energy prices. Market sentiment is pessimistic, weighing on the USD / CAD pair. USD / CAD: The pair has another bearish extension before momentum indicators reach oversold…
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The Canadian labor market is back in a pre-pandemic state, regaining 3 million jobs. USD / CAD dips below 1.2500 due to the general weakness of the US dollar. A lousy report on US non-farm payrolls weakens the dollar.…
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US political uncertainty related to the economy weighs on the dollar. Western Texas Intermediate advances, propping up the Canadian dollar. The Federal Reserve's economic reading indicator, the underlying PCE remained…
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USD / CAD is rising on rising US yields and risk-off market sentiment. The 10-year US Treasury yield hit a new two-month high at 1,567%. The drop in oil prices weighs on the USD / CAD. US consumer confidence falls…
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USD / CAD fell 40 pips as WTI climbed to new monthly highs. Market sentiment dampened appetite for high beta currencies such as the loonie. In the coming week, the Canadian GDP report will be the focus of investors.…
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Market sentiment is bullish, lifting commodity-linked currencies like the loonie. WTI is rising for the second day in a row trading at $ 71.59, which weighs on USD / CAD. FOMC: Investors expect a design of the bond…
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