Inflation Data Pushes Canadian Dollar Down
The Canadian dollar has slipped to above $1.36 (USD/CAD), moving away from the five-week highs seen earlier this month. This shift comes as recent...
May 22, 2024
USDCAD – Strong Canadian Labor Market
The Canadian dollar strengthened to about $1.36 (USD/CAD) in May, reaching a five-week high. This change is due to lower US inflation, which has...
May 21, 2024
USDCAD – BoC Holds Steady as CAD Hits 5-Week High
The Canadian dollar (CAD) strengthened to around 1.36 per USD in May, reaching a five-week high. This boost comes as softer US inflation data...
May 20, 2024
USDCAD Analysis – CAD Strengthens on Job Gains
In May, the Canadian dollar (CAD) strengthened to 1.365 per USD, marking a one-month high. This rise was supported by positive economic data showing...
May 14, 2024
USDCAD Analysis – Economic Indicators Shine
The Canadian dollar, often called the Loonie, has recently seen a notable increase in strength, approaching $1.367 (USDCAD) in May. This movement marks a...
May 13, 2024
Canada’s Central Bank Maintains Rate at 5%
USDCAD Analysis — During its April session, the Bank of Canada decided to keep the overnight rate steady at 5%, as most investors had...
April 10, 2024
