Scotiabank finds little evidence the Canadian Dollar is misaligned, despite Trump’s complaint about a currency “imbalance”. The US Dollar to Canadian Dollar (USD/CAD) exchange rate edged lower to 1.3774 on
The AUD/USD pair sticks to its positive bias through the Asian session on Wednesday and trades around the 0.7220-0.7225 area, just below its highest level since May 14, touched the
US President Donald Trump is banning Canadian products, including alcohol, dairy and motor vehicles, as Canadian retaliatory tariffs on American goods come into force, BBC reported on Tuesday.The new measure,
The naira extended its appreciation against the dollar at the official foreign exchange market on Tuesday. Central Bank of Nigeria data showed that the naira further firmed up to N1,320.25
Scotiabank strategists Shaun Osborne and Eric Theoret note that the Japanese Yen (JPY) is modestly firmer, with USD/JPY extending losses through prior intervention lows near 155, a move seen as
The Loonie gains some traction versus the Greenback, while the latter posts modest losses, as US and Canadian financial markets remain closed in observance of Labour Day. Nevertheless, the USD/CAD
Pound-Canadian Dollar could stay supported if trade tensions weigh on CAD, while firmer oil prices may help the Loonie recover. The Pound Canadian Dollar (GBP/CAD) exchange rate rose slightly on
USD/CHF trades with a downside bias on Monday as the US Dollar (USD) stays on the defensive, largely due to broad Japanese Yen (JPY) strength. At the time of writing,
TD Securities notes that a data-light week in Canada will keep attention on CAN-US trade tensions as Canadian countertariffs take effect. The US has already signalled higher tariffs on Canadian
Markets price 57% chance of September Fed hike, but expectations of tightening by ECB and BOJ limit dollar’s yield advantage SINGAPORE: The US dollar struggled for direction on Monday despite