The Canadian dollar has settled down after getting whipped by the greenback on Monday. Currently, USD/CAD is trading at 1.2766, down 0.14% on the day. US...
The Canadian dollar is deep in red territory in the Monday session. Currently, USD/CAD is trading at 1.2767, up 0.63% on the day. On the fundamental...
The US election in early November was an inflection point. Stocks have rallied. The dollar has been sold. The rise in US yields has dragged up...
The Canadian dollar is showing little movement on Friday. Currently, USD/CAD is trading at 1.2680, down 0.06% on the day. With both the US and Canada...
2020 is now over (to the best as we all hope), and it is now time to review my 2020 Forex forecast and to offer my attempt of predicting the movement of currency pairs, gold, oil, and interest rates...
The Canadian dollar fell against its US counterpart on Tuesday as a new strain of the coronavirus weighed on crude oil prices. So far this holiday-shortened trading week, investors have been seeking refuge...
It was another difficult week for the greenback, which moved lower against all the major currencies. The Scandis led it, helped by risk-on appetites and Norway's...
A holiday-shortened week will see dwindling participation. The lighter activity could make for either subdued price action or volatile activity. Brexit is a gift that keeps...
The Canadian dollar is in red territory, with the North American markets yet to open. Currently, USD/CAD is trading at 1.2758, up 0.32% on the day....
Overview: The prospects of a UK-EU deal and US stimulus continue to underwrite risk appetites and weigh on the dollar. Equity markets are moving higher. Led...
The Canadian dollar continues to have a quiet week, as the US dollar has steadied and the currency markets are calm. Currently, USD/CAD is trading at...
Overview: The S&P fell for the fourth consecutive session yesterday, the longest losing streak of the quarter, and this seemed to encourage profit-taking in the Asia...
The Canadian dollar has kicked off the new trading week with slight gains. Currently, USD/CAD is trading at 1.2748, down 0.22% on the day. The pair...
The Canadian dollar weakened against its US peer to close out the trading week, with energy prices and producer prices coming into focus. The loonie is still on track to record a modest weekly...
Forex and Crypto markets are becoming a focus of attention. While equity indices continue their apparently unstoppable ascent to post-pandemic price levels, the... Read More... The...
US equities in choppy waters The New York session started with fresh record highs as investors initially focused on the resumption of the cyclical rotation trade,...
The Bank of Canada held a monetary policy meeting today and announced after its conclusion that the policy remains unchanged. The Canadian dollar was not demonstrating a clear trend after the announcement, falling against...
The Canadian dollar has posted slight gains in the Wednesday session. Currently, USD/CAD is trading at 1.2783, down 0.28% on the day. Bank of Canada decision...
The Canadian dollar continues to have an uneventful week. Currently, USD/CAD is trading at 1.2808, up 0.08% on the day. The Canadian currency has taken a...
Overview: Three brinkmanship dramas continue to play out. The UK-EU trade talks have reportedly made little progress and may have even moved backward, according to some reports,...
The dollar's decline accelerated and broadened last week. It convincingly broke out of its recent ranges. Tactically, we did not expect the sustained break ahead of...
Bernie Sanders’ economic advisor Stephanie Kelton, a leading voice behind the push to spend more on progressive priorities, appearing in the Intelligence Squared U.S. debate on...
The Canadian dollar is almost unchanged in the Wednesday session. Currently, USD/CAD is trading at 1.2937, up 0.03% on the day. The US dollar continues its...
The Canadian dollar is strengthening against its US counterpart on Tuesday, buoyed by third-quarter economic growth and rebounding manufacturing activity. But the loonie’s rally was capped by sliding crude oil prices amid...
The end of the annus horribilis is at hand, and despite the hard winter ahead for the northern hemisphere, there is a sense of optimism for...
The dollar's losses were extended last week, but among the majors, only the New Zealand dollar and the Swedish krona made new highs for the year. Last...
The Canadian dollar is strengthening against its US peer on Tuesday as crude oil prices rallied to above $45. The loonie has surged by more than 1% this month, making the currency on track...
Overview: The contrast between the eurozone and US preliminary PMI readings caught the short-term market leaning the wrong way, and the dollar snapped back after extending...
The Canadian dollar was uneventful for most of last week and the lack of activity has continued on Monday. Currently, the pair is trading at 1.3089,...
USD/CAD shrugs as retail sales impress