News Stream – CAD

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Canadian housing starts fall more than expected

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18 Jan, 2022 / 21:15

USD/CAD settled above the resistance at 1.2525 and is testing the next resistance at 1.2550.

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18 Jan, 2022 / 17:17

While key stats put the Pound in focus, economic data from the Eurozone will also provide the EUR with direction. Up first, however, is the BoJ.

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17 Jan, 2022 / 23:46

On Monday, the dollar was nearly unchanged versus the Loonie, but activity was very light as most markets in the United States were closed due to the Martin Luther King holiday. The 2-year and 10-year U.S. Treasury yields remained at elevated levels. Market participants are torn between elevated levels of inflation and softer than expected …

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17 Jan, 2022 / 21:15

USD/CAD is moving lower at the start of the week.

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17 Jan, 2022 / 16:14

It’s a quiet day ahead on the economic calendar, leaving the focus on key stats from China later this morning.

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17 Jan, 2022 / 00:11

Import prices dropped in December the first decline since August

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14 Jan, 2022 / 21:11

USD/CAD settled above the resistance level at 1.2530 and is testing the next resistance level at 1.2550.

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14 Jan, 2022 / 17:22

The Canadian dollar weakened against its U.S. counterpart on Friday, giving back some of this week's gains, as the greenback broadly rebounded despite weaker-than-expected U.S. retail sales data. The loonie was trading 0.3% lower at 1.2560 to the greenback, or 79.62 U.S. cents, after trading in a range of 1.2470 to 1.2570. "It's been weighed down by a broad exodus of short USD positioning that was put on after the U.S. CPI report on Wednesday," said Erik Bregar, an independent foreign exchange analyst.

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14 Jan, 2022 / 14:46

It’s a busier day ahead, with trade data from China in focus early on. Stats later in the day will put the EUR, the GBP, and the USD in the spotlight.

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13 Jan, 2022 / 22:48