USD/CAD Drops on Fed Rate Cut Bets and Stronger Canadian Inflation Outlook
The USD/CAD pair extended its losses in early Friday trading, falling to around 1.3825, as selling pressure on the US Dollar (USD) resumed after a…
Posts Tagged: Canadian Retail Sales
USD/CAD Holds Firm Below 1.3900 as Political Risks Weigh on Loonie, Fed Dovishness Caps USD
The USD/CAD pair maintains its positive momentum during Friday’s European session, trading close to the upper end of its weekly range near the 1.3900 level….
USD/CAD Slips Amid Robust Canadian Retail Sales and Easing US Dollar
The USD/CAD pair trims its intraday gains and moves lower following the release of steady Canadian Retail Sales data for September and a pullback in…
USD/CAD Holds Gains Near 11-Week Highs as BoC Rate Cuts Weigh on Loonie
The USD/CAD pair trades sideways in Friday’s European session, hovering around 1.3870 after hitting an 11-week high on Thursday. The Canadian Dollar (CAD) remains under…
Canadian Dollar Remains Flat Amid Mixed Inflation Data and Rising US Rate Cut Expectations
On Tuesday, the Canadian Dollar (CAD) traded sideways as traders reacted to a mixed Canadian Consumer Price Index (CPI) inflation report, finding little reason to…
USD/CAD Trades Above 1.3500 as US Dollar Weakness Persists
In the early Asian trading hours on Friday, the USD/CAD pair is seen trading weaker above the 1.3500 mark, with the US Dollar (USD) struggling…
CAD/JPY Surpasses 99.00 Amid Japan’s 2.5% Inflation
The CAD/JPY pair is dramatically higher after Japan’s inflation significantly increased than expected, supporting the greenback. As Japan’s annual inflation statistic approaches 128.00, the bank…
CAD/JPY Slides Ahead of Upcoming Retail Sales Data
The Canadian dollar (CAD) falls today against the Japanese yen (JPY) with a price below 86.00, ahead of the Canadian retail sales news. Statistics Canada…