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Claims & Crude Oil keeps the USDCAD bid

USDCAD, H1 US initial jobless claims slipped 1k to 211k in the week ended May 18 after dropping 16k to 212k in the May 11...

Risk Aversion still holds sway

A miss for US Retail Sales and Industrial Production adds to the risk-off mood with JPY & Gold in demand and USD maintaining its...

Weaker CPI slows USD, Strong CAD Jobs

US April CPI undershot expectations whereas Canadian employment numbers for April were an all time record high at 106,500. USDCAD plunged under 1.3400. Stuart Cowell Head...

USD in demand support by JOLTS & TIPP

The Greenback has been receiving a safe haven bid today and the good JOLTS and TIPP numbers have added to the demand.   Stuart Cowell Head Market...

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...

Loonie in a descending Triangle

USDCAD, Daily The Dollar majors have been plying narrow ranges in very thin conditions, with European centres remaining closed, along with Hong Kong and Australia,...

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