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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…
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…
Sterling traded $1.3469 Thursday, flat on the session, after printing 1.34607 Wednesday and touching two-day highs past 1.3480. That leaves the pair sitting almost exactly in the…
Higher oil prices no longer offer the Canadian Dollar reliable support, with housing stress, weak growth and rate differentials now driving CAD. Canada’s Dollar used to have…
The week that wasThe geopolitical landscape has remained the almost exclusive driver of the sentiment surrounding the global markets this week.Against that backdrop, the US Dollar (USD)…