MarketPulse

The US Added Less Jobs Than Expected in April After a Soft Employment Data WeekThe dollar lost upward momentum after the U.S. non farm payrolls (NFP) report showed a gain 160,000 jobs after a forecast...

The USD recovered after touching multi-month lows versus majors and investors started taking profits from the oversold dollar position. The Canadian dollar was pushed lower as oil prices tanked with...

The U.S. dollar is lower against major pairs ahead of employment data.The USD depreciated against major pairs after the Federal Open Market Committee (FOMC) decided to hold rates unchanged in April....

The Canadian dollar retreated at the start of the week as it gave up the gains from Friday’s strong inflation and retail sales data. The loonie had a horrible start to 2016 after the price of...

The US Dollar Recovers Awaiting the FOMC StatementThe Sunday news that the Doha oil output freeze meeting had failed hit markets with the Asian open. Commodity currencies were hit as another news item...

Doha Summit Failure and Kuwait Oil Strike Made for a Volatile Weekend for CrudeVolatility in energy prices and a return of risk appetite have pushed commodity currencies upwards after prices tumbled...

Unemployment Claims was the sole Positive in a Week Filled with Disappointing US Data.U.S. retail sales disappointed with a 0.3 percent contraction when a slight expansion of 0.1 percent was expected....

The Bank of Canada (BoC) is expected to keep the benchmark interest rate unchanged at 0.50 percent on Wednesday, April 13 at 10:00 am EDT. The positive effect of a lower loonie has helped the service...

Dovish FOMC Minutes Depreciated Dollar Before Global Risk Appetite Drop Brought it BackThe USD struggled all week to string gains against majors on the back of mixed economic data. The U.S. trade...

The Canadian dollar depreciated today versus the USD. The U.S. dollar gained 0.67 versus the CAD in the last 24 hours. Risk off and traders squaring positions ahead of the release of the Federal Open...

The Canadian dollar traded in a tight range versus the USD as the weak fundamentals in the U.S. cancelled out the drop in oil prices after doubts rose about the Doha crude price freeze.The USD did not...

Dovish Remarks from the Fed Kept the USD from Gaining on a Strong Jobs ReportEmployment remains the strongest and more resilient pillar of the U.S. economic recovery. The U.S. non farm payrolls (NFP)...

The Canadian economy expanded in January by 0.6 percent doubling economists expectations. This is the strongest monthly GDP figure since the price of oil was above $100 in July 2013. The Canadian...

The USD continues to depreciate a day after U.S. Federal Reserve Chair Yellen deflated any possibility of an April interest rate hike and put in question any moves in the first half of 2015. The...

The USD tumbled against the CAD after U.S. Federal Reserve Chair Janet Yellen delivered a speech at the Economic Club of New York. The USD had been weaker after the March Federal Open Market Committee...

The Canadian dollar had a positive start of the trading week as U.S. data was softer and the price of energy recovered during the North American trading session. The loonie has been on the back foot...