Canadian Dollar recovers on Friday despite Canadian GDP miss
The Canadian Dollar (CAD) is broadly higher on Friday, but gains are capped after softer-than-expected prints in Canadian economic data.
Read More »Forexlive Americas FX news wrap: US dollar jumps on hot NFP and then gives it back
US March non-farm payrolls +303K vs +200K expected Canada March employment -2.2K versus +25K expected US February consumer credit outstanding +14.12B vs +15.0B expected Fed’s Bowman: It is not yet…
Read More »Canadian Dollar pumps brakes against Greenback after soft US sentiment figures
The Canadian Dollar (CAD) was mostly higher on Friday but stuck close to the day’s opening range against the US Dollar (USD) as markets shuffled in place ahead of the…
Read More »Forexlive Americas FX news wrap: US unemployment rate rises, hot stocks reverse
US February non-farm payrolls +275K vs +200K expected Canada February employment change 40.7K versus 20.0K estimate ECB sources report: Policymakers ‘overwhelmingly’ favor June for first rate cut Fed’s Williams: Inflation…
Read More »Forexlive Americas FX news wrap: A mystery bid emerges in bonds
Fed’s Williams: My view of economy hasn’t changed after January data ECB’s Muller: I would like to see Q1 wage data before moving on rates ECB’s Nagel: We should act…
Read More »CIBC now sees one fewer Bank of Canada rate cut this year
Canada added 37.3K jobs in January compared to 15K expected. The unemployment rate fell to 5.7% from 5.9% as labor force participation also slipped. “Although labour market conditions remain looser…
Read More »Forexlive Americas FX news wrap: US dollar falls as S&P 500 hits record high
US January UMich prelim consumer sentiment 78.8 vs 70.0 expected US existing home sales for December 3.78M vs 3.82M estimate Canada November retail sales -0.2% vs 0.0% expected Fed’s Daly:…
Read More »Canadian Dollar spins in place after US NFP beats the market and Canadian jobs additions slump
The Canadian Dollar (CAD) slumped to a new low for the week against the US Dollar (USD) before surging to a three-day high as markets whipsaw after a bumper US…
Read More »USD/CAD falls to the lowest since August – what’s next
The weather is cooling off in Canada but the currency has heated up. USD/CAD fell to a four-month low today despite some US dollar strength elsewhere. Bank of Canada governor…
Read More »Forexlive Americas FX news wrap: Williams helps to lift the US dollar
Fed’s Williams: If we get the progress I’m hoping to see, it will be natural to cut Fed’s Goolsbee: The unemployment rate tends to go up rapidly US November services…
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