MarketPulse

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...

The loonie had a volatile day after the Brussel terrorist attacks shocked the world. The release of the Canadian Federal Budget, the first by the Liberal government, delivered on its promise to spend...

The Canadian dollar got a double boost from market events on Wednesday. The price of oil surged after lower U.S. crude inventories were announced and the Organization of the Petroleum Exporting...

The release of the FOMC statement and economic projections put downward pressure on the U.S. dollar. The USD was weaker across the board versus majors. The statement by the U.S. Federal Reserve was...

UK Economic Fundamentals Mixed but Brexit Fears RisingThe United Kingdom was able to recover from the 2009 crisis at a fast pace in the last three years. At one point the pace of growth was strong...

Loonie’s high correlation to oil price drags currency lowerThe USD has advanced 0.60 percent versus the CAD in the last 24 hours. The currency pair is trading at 1.3359. The drop in oil prices...