MarketPulse

Canadian markets were back online and the loonie did not fare well against the big dollar as oil fell following the announcement of an oil deal between Russia and some members of the Organization of...

The Canadian dollar had a bumpy ride this week. With little economic data out of Canada this week and the Chinese week long holiday capping market activity the CAD was in reactive mode to the two...

The U.S. dollar advanced versus the CAD thanks to U.S. Federal Reserve Chair Janet Yellen 3 hours of testimony on the Semiannual Monetary Policy Report before the House Financial Services Committee....

The USD was under pressure at the start of the week, but the CAD was not of the currencies that capitalized on the big dollar’s pain. Commodity prices tumbled and with that any hopes of loonie...

The U.S. added Less Jobs Than Expected in January, But a Rise in Wages Boosted the USDThe U.S. non farm payrolls (NFP) report published on Friday revealed a slowdown of the headline jobs number. The...

The Canadian dollar broke away from the heavy correlation it had exhibited earlier in the year with falling oil prices. Oil was on a downward trend as the Organization of the Petroleum Exporting...

The U.S. Federal Reserve release its statement after January’s Federal Open Market Committee (FOMC) meeting in Washington. As the market had anticipated there was no change to the benchmark...

The Canadian dollar recovered from yesterday’s losses as it was boosted by the rising price of crude. The rumours of a possible cooperation between Russia and the OPEC have appreciated the price...

Central bank rhetoric and cold weather boosted crude prices benefiting the CADThe loonie will finish the week of January 25 on a strong note versus major pairs. Boosted by the recovery of oil prices...

Plunging Oil Prices and Scarce Details on Fiscal Stimulus Might Force BoC to Cut Interest RateAt the end of 2015 the possibility of a rate cut from the Canadian central bank in January was low with...

The USD/CAD continues to follow the movements in the price of crude. The Iran sanctions that prevented the nation’s crude to be part of international trade were lifted on Saturday and put...

The Bank of Canada and the European Central Bank Rate Announcement are the Highlights this Week in FXThe USD closed the week by dropping against the JPY and the EUR. The paradoxical situation with...

The USD advanced 0.353 versus the CAD in the last 24 hours.The USD/CAD touched multi-year highs (1.4316) as the price of oil continues to tumble as supply is far outstripping demand around the globe....

The loonie briefly touched 12 year lows against the USD as the price of energy kept falling and the volatility of the Chinese stock market caused waves around the world. The USD/CAD traded at 1.4170...

CAD To Remain Under Pressure in 2016 with Softer Commodity PricesThe Canadian dollar struggled in 2015 and was the worst performer amongst major pairs. The USD advanced 20 percent versus the CAD since...

Canadian Current Account Deficit Shrinks in Third QuarterThe loonie was higher versus the USD after the Canadian current account balance posted a 16.2 billion deficit. The deficit shrank from last...