USD/CAD

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Two trades to watch: GBP/USD, USD/CAD

GBP/USD rises despite strike action. USD/CAD falls ahead of retail sales, Fed Powell.

June 21, 2022 08:42 AM

US Retail Sales: Is inflation affecting the US consumer?

The main culprit for the lower print was a decrease in new car and trucks.

Bank of Canada hikes rates 50bps. Will act more forcefully if needed!

Although the Bank of Canada raised rates by only 50bps today, the statement was clearly hawkish.

June 1, 2022 04:27 PM

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Two trades to watch: USD/CAD, DAX

USDCAD rises ahead of BoC rate decision. DAX rises despite tanking retail sales, manufacturing PMI due.

Canadian inflation remains excessively high. What does it mean for USD/CAD?

The Canadian CPI print confirmed what the markets had already expected: that inflation continues to rise and will force the BOC to raise rates further.

Two trades to watch: EUR/USD, USD/CAD

EURUSD rises post German PPI, ahead of the French election debate. USD/CAD falls ahead of Canadian inflation data.

April 20, 2022 09:03 AM

The Bank of Canada hikes 50bps, as expected; USD/CAD initially lower

The key rate now sits at 1%, its highest level since the pandemic began in March 2020.

April 13, 2022 04:32 PM

Two trades to watch: GBP/USD, USD/CAD

GBPUSD falls below 1.30 after UK inflation jumps to 7.5%. USDCAD falls ahead of BoC rate decision.

April 13, 2022 08:46 AM

BOC Preview: How much will the BOC hike?

Most are expected a hike of 50bps; however, some are hoping that it may hike as much as 75bps!

April 11, 2022 08:03 PM

Canadian jobs data in-line; Full time jobs strong

What makes this number strong is that the amount of full-time jobs was +92,700 vs a loss of 29,300 part-time jobs.

European Open: FTSE aims for a 5th bullish week, USD/CAD in focus

It’s a fine line between the FTSE closing the week higher or not. But if it can, it will be the first time the index has rallied for five weeks since November.

European Open: FTSE breaks out of consolidation, USD/CAD to mean revert?

A strong close for the FTSE retains our bullish bias, whilst recent price action on USD/CAD suggests an important swing low may have already been seen.

Two trades to watch: USD/CAD, FTSE

USDCAD rises above 1.25 as oil tumbles, US inflation due. FTSE edges higher after Q4 GDP upwardly revised.

March 31, 2022 08:16 AM

Two trades to watch: USD/CAD, Gold

USDCAD battles hawkish Fed & higher oil prices. Gold could come under pressure as Fed Powell talks hikes.

March 22, 2022 08:18 AM

Two trades to watch: USD/CAD, FTSE

USDCAD falls for a fourth day as oil rallies. FTSE eases but is set for weekly gains.

March 18, 2022 08:17 AM

Canadian CPI stronger than expected; pressure builds on BOC

The stronger than expected Canadian CPI, combined with stronger employment data, will continue to pressure the Bank of Canada

March 16, 2022 03:16 PM

Two trades to watch: FTSE, USD/CAD

FTSE rises after GDP beats forecasts. USDCAD looks to Canadian jobs data.

March 11, 2022 08:17 AM

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Oil-forex correlations: how to trade oil with forex

Forex traders can look to take advantage of fluctuations in oil prices around OPEC announcements and other major events by trading correlated currencies. Discover how to trade oil on FX markets, and which currency pairs are linked to oil prices.

Bank of Canada hikes 25bps. More to come!

The Bank of Canada raised rates for the first time since October 2018 by 25bps to 0.50%.

Two trades to watch: FTSE, USD/CAD

FTSE rises as risk appetite rises, UK retail sales jump. USD/CAD falls despite oil dropping, CAD retail sales due.

February 18, 2022 08:16 AM

3 reasons USD/CAD should be lower. What’s next for the pair?

If any of theses circumstances reverse, USD/CAD could move aggressively higher in a hurry!

February 16, 2022 08:16 PM

Two trades to watch: FTSE, USD/CAD

FTSE reaches a 2 year high. USDCAD hovers around 1.27 ahead of EIS crude oil stockpile data, BoC Governor speech.

February 9, 2022 08:56 AM

USD/CAD: Will Oil, inflation, and central bankers break the near-term range?

The pair is likely to see some significant volatility around fundamental data releases as we move through the latter half of the week...

February 8, 2022 04:36 PM