Tag - cad - canadian dollar

Oh, the poor Canadian Dollar. It's been underperforming against the US Dollar lately, extending its losses from last week. What's causing this unfortunate turn of events? Well, it's none other than crude oil - a key export of Canada. The black gold has been taking a beating lately, with WTI down almost 7 percent in recent times. This has been caused by fears of a global growth slowdown, as...

As we move away from the bank crisis and de-dollarization concerns, a significant question on the minds of many traders is whether the US Dollar will experience a corrective rebound from its current position. This is a crucial question because it will set a precedent for predicting the price action of various commodities, particularly gold

Inflation in the US is slowing down. CPI was released lower than the expectations. But the market still believes in the future rate hikes. What to expect?

Well, well, well, looks like the OPEC Conference had an Extraordinary 183rd Meeting on the 31st of March, and made some changes. They gave the International Energy Agency (IEA) the boot and replaced them with Wood Mackenzie and Rystad Energy as their secondary sources for oil supply and demand...

I know we've had quite an amazing run these past few month, with over 78% accuracy in our trade ideas and sentiments, and thousands of pips in profits monthly...

Futures for Canada's main stock index rose on Monday, following positive global markets and gains in crude oil prices. First Citizens BancShares Inc's announcement of purchasing the loans and deposits of failed Silicon Valley Bank also boosted investor confidence in the global financial system...

News is always important part of the market. What do we expect today?

So far, the year 2023 has been eventful across several financial markets. As we step into March, it's time to prepare for the benefits the markets have in store.

We prepared an outlook of major events of this week. Check it and be ready!

It’s Wednesday, my fellow traders! The day is filled with news and events you need to know, and here’re some of them.

The UK Office for National Statistics will publish its Consumer Price Index (CPI) update on October 19 at 09:00 GMT+3, and Statistics Canada will release the Consumer Price Index (CPI) on October 19 at 15:30 GMT+3.

Main news that will drive the market in the upcoming week include CB Consumer Confidence Index, Canadian GDP, and US Core PCE Price Index