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Tag: BoC

Canadian dollar rises on sharp US numbers

The Canadian dollar is in positive territory on Thursday. In the North American session, USD/CAD is trading at 1.3363, down 0.16%. Earlier, USD/CAD...

Bye-bye-bye soft landing, tech woes drag stocks down, BOC ready to pause hikes, bitcoin lower on risky asset selloff

US stocks are declining after a couple of major tech warnings are making traders nervous about a macro slowdown. Stock bulls may hate...

Crude higher, gold consolidates

Oil Crude prices are rising after the stockpiles posted a modest gain and a decent improvement with demand. ​ The EIA crude oil inventory...

Canadian dollar drifting ahead of BoC

The Canadian dollar is almost unchanged on Wednesday, trading at 1.3373 in the European session. BoC expected to hike by 25 bp The Bank of...

These Events Could Spur a Further Crypto Rally this Week

Nansen Alph has indicated factors that could spur the crypto rally. The Bank of Canada meets and is likely to hike by 25bps...

USD/CAD eyes retail sales

The Canadian dollar is unchanged on Friday, trading at 1.3466 in the European session. We could see some volatility in the North American...

Canadian dollar shrugs as CPI declines

It has been a quiet day in the currency markets, and the Canadian dollar has followed suit. In the North American session, USD/CAD...

Canadian dollar showing strength

The Canadian dollar has edged higher on Friday. In the European session, USD/CAD is trading at 1.3341, down 0.20%. The Canadian dollar is...

Canadian dollar flies on superb jobs report

The Canadian dollar has extended its gains on Monday, after climbing close to 1% on Friday. In the European session, USD/CAD is trading...

Canadian dollar ends week with gains

Canadian and US markets are closed on Monday and we are seeing very little movement from USD/CAD at the start of the new...

Canadian dollar eyes GDP, US data

The Canadian dollar has edged lower on Friday. In the European session, USD/CAD is trading at 1.3600, down 0.33%. We could see stronger movement...

Canadian dollar yawns after mixed CPI report

The Canadian dollar continues to have an uneventful week. USD/CAD is unchanged on Thursday, trading at 1.3608 in the European session. Canada’s CPI slows...

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