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USD/CAD edging lower as BOC takes a sanguine view on Loonie

As expected, the first major central bank “decision” of the week was not much of a decision at all. Earlier this morning, the Bank of […]

USD/CAD: BOC begets big bearish reversal

Heading into today’s big BOC decision, it felt like USD/CAD bears just needed to get put out of their misery. After all, the Canadian dollar […]

USD/CAD: Sitting on the precipice of 1.3400 resistance

Markets were unusually choppy overnight, with the US dollar initially falling against European currencies before recovering heading into the US lunch session…and following the exact […]

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September 29, 2015 03:00 PM

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BOC Instant Analysis: A magician’s disappearing doves

Kicking off the upcoming onslaught of central bank meetings, the Bank of Canada opted to leave interest rates unchanged at 0.50% today, as widely expected. […]

Has the correlation between oil and USD/CAD gone loonie?

Despite this morning’s slight disappointment in Eurozone GDP (0.3% q/q vs. 0.4% expected), there hasn’t been too much movement in the foreign exchange markets as […]

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August 14, 2015 05:07 PM

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