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Cad
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Canadian CPI slightly higher than expected – USD/CAD reacts
Canadian CPI YoY: 3% (Forecast 2.9%, Previous 2.8%). Canada’s headline inflation accelerated to 3% in July, slightly above expectations, mainly…
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Canadian Dollar edges higher as Fed rate hike bets recede, CPI data looms
USD/CAD declines to near 1.3860 in Monday’s early European session. Lower Fed rate hike expectations weigh on the US Dollar. …
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Canadian Dollar sits near two-month top vs USD amid bullish oil prices
USD/CAD languishes near a two-month low as bullish oil prices continue to underpin the Loonie. Geopolitical uncertainties, inflation risks and…
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The CAD pulls back from two-month top as rebounding USD counters higher oil prices
USD/CAD kicks off the new week on a slightly positive note, though it lacks follow-through. Geopolitical uncertainties and bets for…
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USD/CAD Price: Bullish Flag pattern underway
The USD/CAD pair ticks higher to near 1.4023 ahead of US-Canada employment data. The Fed is expected to hike interest…
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Canadian Dollar receives support from higher oil prices
USD/CAD depreciates as rising crude prices provide support for the Canadian Dollar. Renewed Middle East tensions heighten oil supply risks…
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Canadian Dollar hangs near one-week low as weak oil prices counter USD downtick
USD/CAD attracts buyers for the fourth straight day, though it lacks follow-through amid mixed cues. Sliding oil prices undermine the…
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Canadian Dollar consolidates below 1.4050 vs USD as rebounding oil prices cap upside
USD/CAD is seen consolidating the previous day’s recovery gains amid mixed cues. Recovering oil prices underpins the Loonie and acts…
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Canadian Dollar drifts lower as falling oil prices counter weak USD amid Iran hopes
USD/CAD attracts some buyers, albeit it lacks follow-through amid a combination of diverging forces. A slump in oil prices undermines…
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Canadian Dollar retreats on sliding oil prices as USD recovers on Fed bets, Mideast risks
USD/CAD attracts some buyers amid a goodish USD recovery from the lowest level since June 17. Escalating US-Iran tensions keep…
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