CAD
Exclusive Seven so far, seven more to come?
The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.50% and the deposit rate at 2.20% as was widely expected.
Exclusive Deal on the Horizon?
The Trump Administration has granted Canada a three-day extension before enforcing new tariffs under Section 338, citing progress toward a potential deal.
Exclusive CAD Market Musings: Boom and bust
CAD is among the worst performing G10 currencies month-to-date, down around 0.5% against USD and currently on its eighth consecutive day of declines.
Exclusive Canada Update: Snowflake
CAD avoids the high-volatility, high-risk profile that deters investors in a risk‑off environment, making it comparatively more attractive among commodity currencies.
Exclusive CFTC Non-Commercial FX Market Positioning: CAD — On the up and up
CAD net long positions have surged after turning net long last week for the first time since August 2023.
Exclusive CAD Market Musings: Cooperation?
We foresee further sideways trading for USD/CAD in the year ahead, bounded by 1.36-1.41, though it will be a bumpy ride, especially leading into the USMCA review.