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Canadian monetary policy is currently characterized by a deliberate pause, with the Bank of Canada maintaining its policy rate at 2.25% on June 10 as it navigates…
USD/CHF trades with a positive bias on Tuesday as the US Dollar (USD) consolidates its recent gains ahead of Wednesday’s US Consumer Price Index (CPI) data. Price…
The Dow Jones Industrial Average broke the three-session coil that had pinned it beneath its record, traded up through 54,200, and has since surrendered the entire move.…
Summary:Robust Canadian economic data and broad U.S. dollar weakness outweighed falling crude oil prices, pushing USD/CAD down toward two-month lows
Key upcoming catalysts include Wednesday’s US CPI release…
US Dollar-Canadian Dollar risks remain tilted lower as Scotiabank sees fair value just below 1.40 and says a break of 1.3970/80 could extend CAD gains. The Canadian…
A 2020 data breach affecting CRA and Service Canada online accounts had resulted in a major class action, and a settlement of $8.76 million was reached, with…