USD/CAD Continues Uptrend on Strong US Economic Data
The USD/CAD pair extends gains for a second consecutive session on Friday, supported by robust US economic data. A hotter-than-expected US Consumer Inflation report has…
Posts Tagged: Wholesale Sales
USD/CAD Rises As Loonie Weakens On Monthly Retail Sales Slow
The Canadian dollar is recording a modest loss against its US counterpart to close out the trading week. Investors are diving back into the greenback…
Canadian Dollar Extends Gains on Higher Energy Prices — Will the BoC Intervene?
The Canadian dollar strengthened again against its US peer to close out the trading week. The loonie has been on a tear as of late,…
Canadian Dollar Surges Amid Oil Rally, Strong Retail Sales — Will USD/CAD Reach Parity?
The Canadian dollar continues to strengthen against its US counterpart, with the loonie benefiting from higher energy prices and positive economic data. Can the buck…
USD/CAD Tests 1.26 As Energy Prices, Manufacturing Lift Loonie
The Canadian dollar is strengthening against its US counterpart to kick off the holiday-shortened trading week. The loonie is finding support mostly on higher energy…
USD/CAD Falls Amid Strong Canadian GDP, Rallying Crude Prices
The Canadian dollar is strengthening against its US peer in the middle of the Christmas-shortened trading week. The loonie is finding support on better-than-expected economic…
USD/CAD Rises Despite Better-Than-Expected Retail Sales, Crude Oil Rally
The Canadian dollar weakened against its US peer to close out the trading week, despite better-than-expected retail sales data and strengthening crude oil prices. The…
Canadian Dollar Weakens on Lower-Than-Expected Retail Sales, Inflation
The Canadian dollar is recording a modest loss to close out the trading week, driven by worse-than-expected retail sales data and inflation that came in…