Traders in money markets are now putting significantly higher odds on the Bank of Canada delivering another large 50 basis point rate cut in December following...
USD/CAD rises sharply above 1.3900 on multiple tailwinds. The Canadian Dollar weakens as job demand remained slow in October. The US Dollar rebounds strongly on Trump’s...
USD/CAD surrenders some of its intraday gains after the US and Canada data. The Canadian employment data showed that job demand remained robust and the jobless...
USD/CAD scales higher for the eighth straight day and draws support from a combination of factors. A fresh leg down in Crude Oil prices and bets...
USD/CAD dips to near 1.3580 amid multiple headwinds. Canadian Retail Sales fell by 0.3% in June, as expected, amid weak demand for automobiles. Investors await Fed...
USD/CAD shows volatility after a weak Employment report. Canada’s labor market was squeezed and the wage growth measure decelerated in July. The US Dollar declined on...
USD/CAD gains further to near 1.3750 after downbeat Canadian Retail Sales data for May. Canadian Retail Sales contracted at a faster-than-expected pace, boosting BoC’s subsequent rate-cut...
USD/CAD didn’t move as expected despite the release of the Canadian Retail Sales and the US Durable Goods Orders data. The Canadian Retail Sales contracted by...
`USD/CAD drops sharply to 1.3630 after strong Canadian Employment data. Canadian job market expanded by 90.4K fresh payrolls while annual wage growth slowed to 4.8%. Fed...
Early in the COVID-19 pandemic, the proportion of self-employed Canadians jumped sharply. Out of work? Try dog walking or consulting. Since then, that number has dropped...
USD/CAD recovers to near 1.3700 as the Canadian Retail Sales surprisingly contracted by 0.1% in March. Weak Retail Sales data would prompt expectations of early rate...
The Canadian dollar CADUSD weakened to a four-month low against its U.S. counterpart on Friday as domestic data showing a surprise decline in jobs raised expectations...