CAD/USD
Economists Say BoC Can Wait, Markets Price Earlier Hikes. What It Means for USD/CAD.
TL;DR: The Bank of Canada's Wednesday hold at 2.25% is fully priced, but economist consensus (first hike in Q4 2027) and market pricing (roughly 1.76 hikes by March 2027) disagree sharply on what comes next — making the statement's tone, not the decision itself, the real driver for USD/CAD.
![The US Fed boosts USD with S&P500 down: What happened? CAD + NZD interest rates in focus [Video]](https://images.financialmodelingprep.com/news/the-us-fed-boosts-usd-with-sp500-down-what-20260831.jpg)
The US Fed boosts USD with S&P500 down: What happened? CAD + NZD interest rates in focus [Video]
The US Fed boosts USD with S&P500 down: What happened? CAD + NZD interest rates in focus [Video]
CFTC Report: CAD short covering leads; Gold buying surges
CFTC Report: CAD short covering leads; Gold buying surges
USD/CAD, Gold Forecast: Two trades to watch
USD/CAD is recovering from a multi-month low, moving towards 1.3820 on Monday as the Canadian dollar weakens after US-Canada trade talks broke down over the weekend.
FX Futures Positioning: USD Falls, CAD Strengthens, JPY Shorts Return | COT Report
The latest COT report shows traders trimming US dollar exposure, rebuilding Canadian dollar longs and cautiously returning to Japanese yen shorts. However, the positioning data predates Wednesday's sharp USD selloff, leaving Jackson Hole as the next major test for FX markets.
Canadian Dollar Forecast: CAD Rallies as Oil Climbs and USD Weakens
The Canadian Dollar strengthened as oil prices extended their advance and renewed pressure on the US Dollar pushed USD/CAD towards fresh August lows. The Canadian Dollar gained further ground on Thursday, with firmer crude prices and a softer US currency reinforcing a move that has gathered pace over the past week.
USD/CAD's Two-Month Lows and Why The Loonie Is Defying Soft Oil Prices
Oil prices have gained some momentum in recent days, but the Canadian dollar's gains in the USD/CAD pair has been disproportionately large.
CAD/JPY's Contrarian Rally and Why Safe Haven Posture Isn't Helping the Yen
CAD/JPY is on a winning streak despite a notable spike in geopolitical risk following renewed US-Iran hostilities. Why has the yen lost it?
USD/CAD: One Trendline Away from Deciding the Next Move
On the dollar side, Fed Chair Kevin Warsh has struck a firm tone, reaffirming the 2% inflation target and pushing back against political pressure to cut rates, while sticky PCE inflation near 4% keeps hike odds alive for September. Yet June payrolls came in softer and speculative USD positioning looks stretched, raising doubts on how much further the rally can extend.
Pound to Canadian Dollar Price News, Forecast: CAD Falls as Oil Prices Slide
The Pound to Canadian Dollar (GBP/CAD) exchange rate edged higher on Tuesday as falling oil prices undermined the commodity-linked Canadian Dollar while easing UK borrowing costs offered modest support to Sterling. At the time of writing, GBP/CAD was trading around CA$1.8640, modestly higher on the day.
USD/CAD's May Rally and Why Oil Price Influence Is Diminishing
USD/CAD has been on a steep uptrend throughout May with a notable divergence between the loonie's strength and oil prices. What's happening?
Pound to Canadian Dollar Price News, Forecast: CAD Rallies as Oil Prices Rise
The Pound to Canadian Dollar (GBP/CAD) exchange rate drifted lower on Tuesday as renewed tensions in the Middle East pushed oil prices higher and boosted demand for the commodity-linked ‘Loonie'. At the time of writing, GBP/CAD was trading around CA$1.8603, down approximately 0.2% on the day.
