USDCAD :: Research Tags
US lawmakers renew efforts for a stimulus package deal

US House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin spoke by phone for about an hour on coronavirus economic relief. The renewed effort in…

Sterling plunges to 6-week low

Sterling was unable to shake pressure as fears grow that Britain is preparing to undercut its Brexit divorce treaty. It dipped 0.2% to a six-week low of $…

FOMC minutes leave many questions unanswered

The US dollar recovered some of its recent losses after minutes from last month’s US Federal Reserve meeting gave no clear clues about whether an ev…

Japan's GDP suffers biggest decline since 1980

Japan was hit by its biggest economic slump on record in the second quarter as the coronavirus pandemic emptied shopping malls and crushed demand for cars…

Analysis: Daily USDCAD 24.07.2020

The Canadian dollar edged lower against its US counterpart as a rise in U.S. weekly jobless claims fuelled risk aversion, helping lift the bru…

US closes Chinese consulate

The United States gave China until Friday to close its consulate in Houston amid accusations of spying, and President Donald Trump said it was…

Analysis: Daily USDCAD 15.07.2020

The Canadian dollar bounced back from a two-week low, changing hands at C$1.3579 per USD, despite the prospect of travel restrictions between…

World economy to shrink 4.9%

The International Monetary Fund downgraded its outlook for the world economy more than anticipated just two months ago. The fund said it now e…

USD slumps while most indices headed for gains

Riots have hammered U.S. cities still recovering from lockdown, following the death of an unarmed black man in police custody in Minneapolis l…

Negative interest rates talk brings volatility for Sterling

The pound dipped in early trading after a Bank of England official confirmed it was examining a range of unconventional policy tools, includin…

Eurozone GDP shrinks by 3.8% while jobless claims in the US soar further.

The eurozone economy contracted at a record rate in the first three months of the year and inflation slowed sharply as much economic activity…

EU considering a €2 trillion stimulus package

The European Commission is floating a 2 trillion-euro plan as it seeks a way past the divisions of recent weeks but there’s no guarantee…

UK Oil falls while Europe starts relaxing lockdown measures

Europe’s main oil benchmark is now firmly part of the rout that sent U.S. oil futures below zero for the first time ever this week. UK B…

US Oil bounces back after historic negative low

U.S. crude oil bounced back into positive territory today after trading in negative territory yesterday for the first time ever. Traders could…

Death toll rises further in the US while exports fell sharply in Japan

State governors have sparred with President Donald Trump over virus testing capacity and how quickly their economies can re-open in the…

IMF calls for high spending to fight the pandemic

The International Monetary Fund said member states should spend whatever it takes to fight the Covid-19 pandemic and ignore the major damage t…

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