February 28, 2018

    CAD Slides to End the Month

    By / February 28, 2018

    Wednesday, February 28, 2018 The CAD is sliding again reaching multi-month lows again. News was fairly limited and mixed today with only second tier releases reporting. RMPI was a solid beat over the 1.8% forecast coming in at 3.3%. While IPPI was a narrow miss of 0.2%. The USD is solid and analysts are calling… Read more

    CAD Continues to Struggle into Open

    By / February 27, 2018

    Tuesday, February 27, 2018 The CAD is soft and extending yesterday’s losses ahead of today’s Federal budget release. We have seen a decline of just under half a cent into the North American open even with no fundamental releases this AM. The Federal budget is expected to be lacklustre and focused on low cost changes…. Read more

    CAD Falls to Open Week

    By / February 26, 2018

    Monday February 26, 2018 The CAD is underperforming to start the week and down over half a percent since last week’s close. No news to report on opens a relatively quiet week as far as fundamentals are concerned. The next release out of Canada comes on Wednesday with RMPI data coming out in the AM…. Read more

    CAD Makes Slight Gains on CPI Numbers

    By / February 23, 2018

    Friday, February 23, 2018 The CAD has made slight gains but is off of the highs seen this morning on positive CPI numbers. CPI m/m beat the 0.4% expectation coming in at 0.7% and a nice increase from last month’s -0.4% print. Common, Median and Trimmed CPI all reported 1.8%, 1.9% and 1.8% respectively. The… Read more

    CAD Retraces Early Morning Losses

    By / February 22, 2018

    Thursday, February 22, 2018 The CAD started the morning touching a multi-month low against the USD but has since retraced some of its losses. Fundamentals disappointed today causing the early morning drop. Core Retail Sales showed a print of -1.8% against the expected 0.1% gain. Retail Sales numbers also missed the mark coming in well… Read more

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