The Reserve Bank of India will take into account macro economic factors and "more importantly" the current account deficit for policy decisions, governor Duvvuri Subbarao said on Thursday. The Reserve ...
Buoyed by the current account nearing surplus for the first time in nine years, the government on June 17 said reduction in CAD is a sign of economic health and it is committed to sticking to its ...
USDCAD pair is trading range bound as both sides lack macro data updates and high impact headlines to influence a breakout rally. USDCAD pair traded in a tight range yesterday as both Canada and ...
USD/CAD drifts lower for the second straight day amid sustained USD selling. The technical setup favors bearish traders and backs the case for further losses. Any recovery attempt is more likely to ...
USD/CAD lacks any firm intraday direction as traders keenly await the BoC policy update. Fed rate cut bets and US fiscal concerns cap the overnight USD recovery and spot prices. A downtick in Crude ...
Weak Canadian inflation, deteriorating domestic data and a rampant US dollar should have been the perfect recipe for USD/CAD bulls. Tuesday’s price action had other ideas. Canada inflation undershoots ...
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