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Canadian employment likely declined in November, jobless rate to have risen to 9 pct

Germany's unemployment exceeds expectations in September

Swiss franc likely to gradually depreciate against euro in coming months

German Ifo business climate index falls sharply in November, economic growth likely to shrink in Q3

U.K.’s flash PMI indices indicate decline in business activity in November, composite index falls to 47.4

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Bank of Korea likely to keep key interest rate on hold at 0.50 pct in November

Philippine central bank keeps interest rate unchanged at 2 pct

U.S. existing home sales decline in August

U.S. existing home sales rise above expectations in October

Canadian inflation continues to ease, moving closer to the Bank of Canada's target

U.S. Q3 economic growth unrevised in second estimate

Canada's economy shows growth in July, but growth stalled in

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Australian private new capital expenditure likely fell further in Q3 2020 - ANZ

Taiwanese money supply continues to see strong growth, CBC likely to keep rates on hold in December

U.S. weekly jobless claims unexpectedly decrease

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CAD has related to rates as well as energy prices

Monday, May 4, 2015 4:46 PM UTC

Factors that pushed CAD lower have turned around lately, particularly the 20% rise in WTI, reducing CAD's overvaluation.

The BoC is comfortably on hold with oil prices close to their forecasts. This reduces near-term cut risks, a key CAD driver.

"We lower our USD-CAD forecasts to 1.27 for year-end 2015 and 1.21 for 2016 (from 1.30 and 1.23, respectively)." - said BofA Merrill Lynch

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CAD has related to rates as well as energy prices

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