CAD

Canada May PPI -0.5% vs -0.1% expected

• Canada producer price index data

Canada April retail sales +0.3% vs +0.5% expected

• Canadian April 2025 retail sales report along with the May advance data

Canada will introduce a series of countermeasures to help it deal with Trump tariffs

BOC Macklem: Hope is new trade deal will lead to tariffs being removed

• BOC Macklem speaking:

USDCAD battles at key pivot zone ahead of Fed decision

• Buyers trading near the 200 pound moving average. That level will be a key barometer for traders today

Bank of Canada summary of discussions: Underlying inflation pressure could continue

• The minutes of the latest Bank of Canada meeting

"Carney and Trump commit to reaching trade deal within 30 days"

• Something new - they appear to have a 30 day time frame on reaching an agreement

US dollar continues to recover

• USD/CAD climbs 30 pips from the lows

Canada's LeBlanc says he's confident in progress on deal with US

• LeBlanc is the minister in charge of US-Canada trade

Canada cools hopes for a US trade deal ahead of the G7

• Minister of Canada-US trade says progress hasn't been 'fast enough'

Canada May housing starts 279.5K vs 245K expected

• Canadian May 2025 housing starts from the CMHC

Canada wholesale trade for April - 2.3% versus -0.9% estimate

• Canada wholesale trade data for April 2025

Canada manufacturing sales for April by -2.8% versus -2.0% expected

• Canada manufacturing sales for April 2025

Canada Q1 capacity utilization rate 80.1% vs 79.8% expected

• Canada Q1 2025 capacity utilization rate

USDCAD under pressure as price breaks key support and enters swing area

• Bearish momentum builds as USDCAD breaks trend support and tests multi-month swing zone