CAD

DIARY NOTE: Federal Reserve Chair Jerome Powell is speaking on Tuesday.

• Powell will be speaking with Bank of Canada Governor Tiff Macklem in a 'firesdie chat'.

Newsquawk Week Ahead: US and UK retail sales, UK, NZ, Canada and Japan inflation

• Next week highlights include US and UK retail sales data, inflation reports from the UK, New Zealand, Canada and Japan, employment reports from the UK and Australia, as well as China activity data and the PBoC MLF announcement

USDCAD up sharply on the week and runs away from broken resistance. What next?

• The USDCAD extends to highest level since November 2023

USDCAD Technical Analysis - We got a breakout!

• The USDCAD pair breaks the key resistance zone and extends the rally above the upper bound of the channel. What’s next?

Gotta keep the Canadian ponzi scheme going

• Canada to allow 30-year amortizations for first-time home buyers. Policy will go into effect on August 1

Canadian dollar falls to a four-month low. What's next

• USD/CAD climbs to 1.37 for the first time since November

NZD is the strongest and EUR is the weakest

• Quick look at the FX leaderboard for today

BoC poised for June easing according to Monex

• BoC signals readiness for mid-year rate cuts

Bank of Canada forecast for GDP, CPI from the April 2024 meeting

The full text from the April 2024 Bank of Canada rate decision

• The Bank of Canada leaves the rate unchanged at 5.00%

Bank of Canada interest rate decision: Rates held at 5.00% as expected

• The market was pricing in an 18% chance of a Bank of Canada rate cut

The Bank of Canada rate decision is ahead. What are the risks/rewards for the USDCAD now?

• The USDCAD is higher after stronger US CPI data

A dovish Bank of Canada could spark a true breakout in USD/CAD

• USD/CAD is already at the highs of the year

Canada Building permits for February +9.3% vs -4.5% estimate

• The Canada Building permits for February

This week's main event coming up today

• US CPI and the BoC in focus for traders today