Canadian Dollar weakens as FOMC Minutes approach

Canadian Dollar declines as traders prepare for US Retail Sales numbers

The USD/CAD currency pair has gained momentum, reaching around 1.4220 during the early hours of trading in Europe on Wednesday. Market participants are eagerly awaiting the Minutes from the Federal Open Market Committee (FOMC), which could offer clues about a potential interest rate increase. Recently, traders have scaled back their expectations for a Federal Reserve […]

Two Canadian Soldiers Taken Into Custody for Kidnapping and Organized Crime Offenses

Two Canadian Soldiers Taken Into Custody for Kidnapping and Organized Crime Offenses

Two Canadian Armed Forces Members Charged with Serious Crimes Two members of the Canadian Armed Forces have been taken off duty after their arrest on serious criminal charges. Laura McIntyre-Grills, a spokesperson for the Department of National Defence, confirmed that Sachintha Fernando and James Moreau were both detained on August 11, 2026. They are part […]

Canadian Dollar reaches new low since August 5, appears weak against strong USD

Canadian Dollar remains weak close to a five-week low against USD as attention turns to FOMC Minutes

USD/CAD Update and Economic Context The USD/CAD pair reached a new high since August 5 during Tuesday’s Asian session, but it hasn’t consistently drawn in buyers and remains below the mid-1.4000s threshold. Crude oil prices have rebounded from a low seen a week and a half ago, and this along with the Bank of Canada […]

Euro rises against Canadian Dollar before Germany’s HICP figures

Canadian Dollar rises as decreased safe-haven demand impacts US Dollar.

EUR/CAD saw a rebound after two consecutive days of decline, trading near 1.6120 during the European session on Monday. Traders are keeping a close eye on upcoming German inflation data, specifically the preliminary Consumer Price Index (CPI) and Harmonized Index of Consumer Prices (HICP), set to be released later today for further directional insights. Eurozone […]

Canadian Broadcasting Corporation receives criticism after an internal memo instructing journalists not to label the 9/11 attacks a ‘terrorist attack’ comes to light.

Canadian Broadcasting Corporation receives criticism after an internal memo instructing journalists not to label the 9/11 attacks a 'terrorist attack' comes to light.

The Canadian Broadcasting Corporation (CBC) is encountering significant backlash from both political figures and the public following the leak of an internal memo. This memo, which came to light ahead of the 25th anniversary of the September 11 attacks, instructed journalists to refrain from labeling the event as a “terrorist attack.” The guidance, issued by […]