USD/CAD Flat Amid Surging Inflation, Rallying Energy Prices
The Canadian dollar traded relatively flat against its US counterpart in the middle of the trading week. The loonie has been gaining some momentum over…
Posts Tagged: Raw Materials
USD/CAD Struggles for Direction Amid Canada’s Surging Producer Prices
The Canadian dollar is struggling to find direction on Tuesday as inflation data weighed on the loonie. But strengthening crude oil prices and surging bond…
USD/CAD Falls on Easing PPI, Energy Prices Come Into Focus
The Canadian dollar is recording a modest gain against several of its major currency rivals, including the US dollar and the euro. The loonie has…
USD/CAD Rises As Canadian Economy Contracts in May, Energy Prices Slump
The Canadian dollar slipped against the US dollar at the end of the trading week amid mixed economic data. The loonie has been struggling against…
USD/CAD Falls As Better-Than-Expected May GDP, Energy Rally Support Loonie
The Canadian dollar is garnering some momentum against its US counterpart in the middle of the trading week, despite disappointing economic data coming out of…