CAD

Canadian housing activity continues to slow. Sales down 23.9% y/y in June

• New data from the Canadian Real Estate Association (CREA)

Breakdowns in AUD and CAD show that good news isn't good news

• Surprise BOC hike and Australian jobs data don't boost the currencies

USDCAD is the biggest mover today vs the USD

• Up over 1.4% on the day

May Canadian manufacturing sales -2.0% vs -2.0% expected

• Canadian manufacturing sales data for May 2022

JP Morgan targets USD/CAD at 1.24 over the medium-term

USDCAD decline stalls at the low from last Friday and Monday

• Back below the 100/200 hour MA

USDCAD falls on the greater than expected 1% hike in rates, but sees a snapback rebound

• Does it influence the Fed now?

USD/CAD falls through 1.3000 even with oil tumbling. Here's why

• US dollar weakening broadly

Here's what could send Canada into stagflation, recession

USD/CAD keeps finding sellers above 1.30

• Another run at the figure fails

USDCAD backs off from highs. Back below 100 hour MA

• USDCAD 100 hour MA a 1.30056

MUFG adds a short EUR/USD as its Trade of the Week

MUFG trade of the week: Sell EUR/USD and stay long USD/CAD

• Two ideals from MUFG

USDCAD falls to a new session low. Reverses earlier gains after jobs reports.

• USDCAD moves toward 200 hour MA

USD/CAD reverses as oil prices rise

• USD/CAD hit a session high on jobs divergence