CAD

USDCAD invalidates the bearish setup: what's the next target for the pair?

• The USDCAD pair rallied strongly from the 1.3730 support as the bearish positioning in the US dollar continues to unwind on strong US data. What's next?

USD/CAD rises to the highest since May

• Canadian dollar falls to a four-month high

It's starting to look like the FX market underestimated the power of fiscal policy

• Is the US economy stronger than we thought?

USDCAD Technicals: USDCAD stretches to to the next key target and is finding sellers

• Key level for the USDCAD at the August high and the 38.2% retracement of the move down from the March 2025 high.

USDCAD Technicals: USDCAD runs to the upside and toward the highs of the last 8 weeks

• The USDCAD is testing the first of a series of topside targets at 1.3878. Other targets come in at 1.3892 to 1.3904, and the 38.2% retracement at 1.39235

Canada August flash manufacturing sales -1.5% m/m

• Advance estimate from Statistics Canada

China's Premier Li Qiang urges Canada to have an accurate understanding of China

• Xinhua with comments from Premier Li on tensions with Canada

Canadian PM Carney says trade negotiations with Trump are ongoing

• Forever

Canada August new housing price index -0.3% vs -0.1% prior

• Canadian house price data

Bank of Canada Governor Macklem is speaking on Tuesday

Canada August producer price index +0.5% m/m vs +0.2% expected

• Canadian producer price and raw materials price data

Canadian dollar gets a lift as trade deal hopes rekindled

• Canada's trade minister will travel to Washington in the next two weeks

Canada July retail sales -0.8% vs versus 1.5% expected

• The July 2025 Canada retail sales report along with advance August data

Canada, Mexico to launch new security dialogue, reaffirm U.S. partnership

• Canada’s PM said Ottawa and Mexico will open a new bilateral security dialogue while reaffirming commitment to a shared partnership with the U.S.

USDCAD little changed after BoC and FOMC as the focus turns back to economic data

• The USDCAD pair saw some choppy price action after the BoC and Fed decisions with traders turning their focus back to economic data to price in the next central banks moves.