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Canadian Dollar grinding higher
US Retail Sales expected to rebound and rise 0.2% m/m Fed no longer expected to hike rates in September. US dollar is trading lower across the board
USDCAD open: 1.3890, overnight range 1.3881-1.3937 close 1.3930, WTI 82.06, Gold 4,356.88
The Canadian dollar rallied on the back of this week’s benign US ...
Canadian Dollar rangebound
Analysts downgrade odds for Fed rate hike in September US PPI data in focus US dollar opens mixed and little changed from yesterdays close
USDCAD open: 1.3939, overnight range 1.3938-1.3958 close 1.3942, WTI 81.98, Gold 4,384.72<...
Canadian Dollar waiting for US Inflation data
Middle East tensions escalate US inflation expected to tick lower US dollar opens with modest gains
USDCAD open: 1.3936, overnight range 1.3918-1.3935. close 1.3925, WTI 83.07, Gold 4,415.70
The Canadian dollar locked in ...
Canadian Dollar marking time
Oil surges as hopes for Strait of Hormuz reopening fade Quiet data day to start the week USD nursing Friday’s losses after quiet overnight session
USDCAD open: 1.3933, overnight range 1.3928-1.3946. close 1.3946, WTI 84.15, Gold 4,372.88
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August 2026 Outlook
Economic Outlook and Summary
July opened with the Iran ceasefire already fraying and ended with it in tatters. The June 14 truce and its 14-point memorandum barely survived three weeks before Iranian attacks on commercial shipping near Oman triggered US retaliation on July 7. Since then, the two sides have tr...