Tag: CANADIAN DOLLAR
CAD remains and should continue to remain capped
Canada's GDP grew 9.6% in Q4 (q/q, saar), better than expected after the 40.6% bounce in Q3 (was 40.5%) that followed the 38.5% plunge in...
BoC and Fed both on Wednesday
The Bank of Canada (BoC) is expected to hold rates at the current 1.75% setting on Wednesday. Recent upbeat economic data has sharply curtailed...
NFP-day but Canada focuses on trade data
It might be NFP day, however along with Jobs report, the release of trade balance from Canada is likely to concern the markets as...
Canada’s GDP undershoots projections
Canada's lack of GDP growth in July was driven by temporary factors impacting Oil and gas extraction, although broadbased declines across the other goods...
Market Overview | 07 August
Technical Corner
Currency market
NZDUSD: The New Zealand Dollar over 2% in hitting its lowest level against the US Dollar since January 2016, at 0.6377, and...
BoC and Loonie Crosses
Bank of Canada's announcement is expected to result in no change in rates and a repeat of the data-driven mantra. Given that recent data...
