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Loonie above 1.3500 on BoC’s statement

Bank of Canada pushed aside its rate hike desires as the economy slows, with the dropping of the tightening bias matching expectations. The policy...

OIL, CAD and AUD in focus in long & short term

The Dollar was little changed after the about in-line existing home sales outcome, however the focus remains on OIL and the interesting descending triangle...

As risk off holds, Aussie attracts more bulls

Australian and Canadian Dollars managed to eke out respective 3- and 2-session highs against the US Greenback. This was seen amid a steadying in...

Loonie ahead of CPI and Retail Sales

USDCAD has rebounded from recent losses, tracking a broader price action in the US Dollar. Above forecast data out of the US, including the...

Update on Canadian crosses

USDCAD, EURCAD USDCAD is in consolidation mode near 1.3300 after rallying sharply after disappointing Canadian GDP data, which sent the pair to an initial peak at...

BOC at center stage – Could Oil drive its decision?

The Bank of Canada announcement is center stage this week, with no change in the current 1.75% setting for the overnight rate widely expected. BOC...

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Macro Events & News

Macro Events & News