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Tag: Loonie
Forex
USD/CAD Forecast: Loonie Gains on Upbeat Oil Demand
The EIA updated its demand growth forecasts to project a more positive outlook....
Forex
USD/CAD Forecast: Loonie Slips as BoC Rate Cut Looms
Recent data revealed weaker-than-expected growth in Canada. Markets are placing...
Forex
USD/CAD Outlook: BoC Rate Cut Leaves Loonie Vulnerable
The Bank of Canada became the first G7 central bank to lower interest rates. Markets...
Forex
Loonie won't rush. Forecast as of 06.03.2024
Most of the world's leading central banks are set to cut rates in 2024. However,...
Forex
USD/CAD Outlook: Weaker Oil Weighs on Loonie, Eyes on BoC
Oil prices fell due to demand concerns after China’s disappointing pledge to improve...
Forex
USD/CAD: Upside potential for the Loonie in the coming...
The Loonie benefited significantly from Wednesday's BoC decision with USD/CAD nosediving...
Forex
Loonie: bears are being persistent. Forecast as of 27.02.2024
Will the Fed be the first to cut rates, or will the Bank of Canada get ahead of...
Forex
USD/CAD: The balance of risks is tilted to the downside...
There is a risk that the BoC will turn a notch more dovish at the March meeting.
Forex
USD/CAD: Loonie could be an underwhelming performer over...
The Canadian Dollar (CAD) has struggled during the early part of 2024.
Forex
Loonie is back in the game. Forecast as of 27.06.2023
Despite falling oil prices and the BoC's modest overnight rate ceiling, Loonie lures...
Forex
USD/CAD – Loonie strengthens after surprise BoC rate hike
OANDA Senior Market Analyst Craig Erlam discusses the latest moves in USDCAD after...
Forex
Oil Drops Hit the Loonie, Ahead of BOC Interest Rates!
The USDCAD exchange rate strengthened after a relatively hawkish Fed, which is likely...