CAD

Canada's Carney rules out matching US tariffs dollar-for-dollar

• This is a shift from Justin Trudeau's strategy

USDCAD: Bounces from key support but faces resistance hurdles ahead

China pivots from the US to Canada for more oil amid trade war

• Canada has huge reserves of oil

BOC's Macklem: We are navigating carefully

• Comments from the Bank of Canada Governor in the BOC press conference

USDCAD dips but does not run ahead of press conference

• The price is below the 100-hour MA at 1.39114 but above the lows from this week

The full statement from the April 2025 Bank of Canada rate decision

• The Bank of Canada rate decision. Bank of Canada keeps rates unchanged

Bank of Canada rate decision leaves rates unchanged, as expected

• Highlights of the April 17, 2025 Bank of Canada rate decision

What technical levels are in play for the USDCAD through the BOC rate decision?

• The expectations are a toss-up which should give the USDCAD pair a shove one way or the other

USDCAD: a look at the chart ahead of the BoC rate decision

• The BoC is expected to hold rates unchanged today but there are good chances of a 25 bps cut

USDCAD rebounds off lows but faces key test at 100-hour MA

• USDCAD bounces back from recent lows, eyes key resistance at 100-hour MA. Traders await directional break for short-term momentum.

The USDCAD is trading near lows going back to November.What is needed to tilt bias higher?

• The USDCAD is trading in a swing area between 1.3843 to 1.3900. Traders looking for a shove.

Canadian housing starts slowed further in March

• Starts at 214.2K fell well short of 242.5K expected

Canada March CPI +2.3% y/y vs +2.6% expected

• Canadian March 2025 consumer price index data

Canada February wholesale trade +0.3% vs +0.4% expected

• Canada February 2025 wholesale trade sales

Market Outlook for the Week 14th-18th April

• The highlights of the week include inflation data for U.K., Canada and New Zealand and the monetary policy announcements from Bank of Canada and the ECB