The Canadian Dollar (CAD) is steady, holding near yesterday’s high against the US Dollar (USD). The BoC’s ‘dovish hold’ outcome yesterday was largely as expected,…
USD/CAD weakens to around 1.3675 in Thursday’s early Asian session. US ISM Services PMI unexpectedly contracted last month for the first time in nearly a…
The Canadian Dollar found a new eight-month peak against the US Dollar on Wednesday. The BoC held rates steady at its latest interest rate decision,…
USD/CAD trades below 1.3700 after the Bank of Canada leaves rates unchanged at 2.75%. The Canadian Dollar is supported by the BoC’s cautious stance and…
The Bank of Canada announced its latest interest rate decision, leaving its benchmark rate at 2.75%. The European Central Bank prepares for its rate decision…
USD/CAD is essentially flat as markets await the BoC policy decision. The economists’ consensus has swung to no change after anticipating a 25bps cut until…
Today’s Bank of Canada meeting has been a very hard one to call, ING’s commodity experts Ewa Manthey and Warren Patterson note. A hold may…
All eyes are on the Bank of Canada today, with markets divided over whether a rate cut is imminent. While a hold is our base…
Here is what you need to know on Wednesday, June 4: The action in financial markets remain relatively subdued early Wednesday as investors stay on…
USD/CAD lacks any firm intraday direction as traders keenly await the BoC policy update. Fed rate cut bets and US fiscal concerns cap the overnight…