![Top 5 things to watch in markets in the week ahead](https://i-invdn-com.investing.com/news/moved_small-LYNXNPEK340EF_L.jpg)
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CAD After May’s inflation data surprised to the upside, the April GDP reading released later today is likely to be key for Bank of Canada expectations, and specifically, the prospect of the Governing...
CAD Looking back over the week so far, USDCAD price action has failed to tell the story of the key events in Canada. Most significantly, despite a hotter than expected CPI reading on Tuesday taking a...
CAD USDCAD finished Tuesday’s session unchanged on the day, something of a surprise given that hot CPI data put a sizable dent in the odds of a July rate cut from the BoC. Having been expected to...
CAD While BoC Governor Macklem hit the airwaves to kick off the week, his comments on the Canadian labour market and inflation did little for the loonie, which traded broadly in line with other G10...
CAD The back end of last week offered only muted USDCAD price action, despite a better-than-expected April retail sales report that offered a counterpoint to the narrative of weak Canadian growth....
CAD Canadian retail sales data should be in focus for loonie traders today. Markets are expecting a solid expansion in consumer activity, with headline sales likely to rise by 0.7% MoM in April....
CAD While a US holiday took the focus off North America yesterday, USDCAD still weakened at the margin, falling by just shy of 0.1%. Most significantly though, the loonie’s fractional move higher was...
CAD The Canadian dollar has been stuck in a wedge this week, pushed moderately higher by a strong equity backdrop but capped by dovish BoC expectations. We suspect the latter dynamic will prove the...
CAD While the loonie is likely to get off to a slow start to the week, with a light data calendar leaving USDCAD price action to be dictated by cross asset condition and events in the US, the BoC’s...