USD/CAD softens to near 1.3715 in Wednesday’s early Asian session. Persistent tariff tensions weigh on the US Dollar. The BoC is expected to hold rates…
After bottoming out in fresh multi-week troughs, the US Dollar (USD) managed to regain composure and advance markedly on turnaround Tuesday. The recovery, however, did…
USD/CAD depreciates as the Canadian Dollar receives support from expectations of the BoC keeping rates steady on Wednesday. The commodity-linked CAD gains ground due to…
BoC to keep the policy rate on hold at its 4 June meeting (instead of a 25bps cut). With the policy rate at neutral, BoC…
USD/CAD depreciates as Canada’s hot retail sales and inflation data increase the likelihood of a BoC’s steady stance in June. The US Dollar extends its…
The Canadian Dollar (CAD) is outperforming most major currencies, BBH FX analysts report. BOC held at 2.75%, considered cut amid tariff uncertainty “The path to…
Before the Easter break, the BoC held the policy rate at 2.75% as expected by markets and the majority of analysts, Danske Bank’s FX analysts…
The Bank of Canada leaving policy on hold on Wednesday provided a minor boost for the Canadian Dollar (CAD) but the pair has nudged a…
USD/CAD gathers strength around 1.3880 in Thursday’s Asian session. Fed’s Powell said US growth appears to be slowing. The BoC has paused its streak…
USD/CAD declines further below 1.3900 as the BoC keeps interest rates at 2.75%, as expected. BoC Macklem warned that Trump’s tariff policies could impact on…