Share: The CAD booked a gain on the USD last week. Economists at Scotiabank analyze USD/CAD outlook. CAD shorts building again The USD’s recent appreciation seems...
Share: USD/CAD struggles to gain any meaningful traction and oscillates in a range on Monday. Bullish Oil prices underpin the Loonie and act as a headwind...
Share: USD/CAD stalls its downtrend, finding support at 1.3489, just above the 200-day Moving Average, and trades 0.14% higher. If the pair sustains above 1.3489, it...
Share: USD/CAD finds significant bids near 1.3500 as the US Dollar resumes its upside journey. The US Dollar Index prepares for a fresh upside despite the...
Share: The Canadian Dollar (CAD) has been unable to resist the broader USD advance since mid-year. Economists at Scotiabank analyze Loonie’s outlook. Undervalued CAD looks for...
Share: USD/CAD tallied its fifth day in a row of losses of 1.3515. US August’s PPI ran hot and rose to 1.7% YoY. Retail Sales came...
Share: CAD trades modestly firmer near recent range highs on the USD. Economists at Scotiabank analyze Loonie’s outlook. Positive tilt in the direction of factors driving...
Share: USD/CAD enters a bearish consolidation phase near a one-and-half-week low set on Tuesday. Bullish Crude Oil prices continue to underpin the Loonie and act as...
Share: USD/CAD trades nearly flat at 1.3552, as high oil prices offset minor gains in the US Dollar Index (DXY). US CPI data due Wednesday could...
Share: USD/CAD holds positive ground around 1.3590 amid the light economic data released. Market players expect the Federal Reserve (Fed) to hold interest rates in its...
Share: The USD/CAD is seeing a sell-off on possible profit-taking volumes. Resistance is being provided by a rising trendline on daily candles. Rising oil prices on...
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Share: USD/CAD slips vertically to near 1.3600 as Statistics Canada has reported upbeat labor market data. The Canadian labor market witnessed fresh additions of 39.9K payrolls...
Share: The Unemployment Rate in Canada is set to rise a tad to 5.6%, while employment is also expected to grow. Strong jobs data and hot...
Share: USD/CAD drifts lower during the Asian session on Friday amid a modest USD weakness. A combination of factors warrants some caution before positioning for any...
Share: USD/CAD oscillates around the 1.3678-1.3686 region in a narrow trading band. US weekly Initial Jobless Claims came in better than the market expectation. Canadian Ivey...
Share: USD/CAD rises 0.35% to 1.3675 after US jobless claims fall below estimates, pressuring the Fed to focus on its 2% inflation target. Market anticipates a...
Share: The Bank of Canada is forecast to leave the policy rate unchanged at 5.0% on September 6. BoC policymakers are expected to keep the interest...
Share: Bullish-engulfing candlestick pattern on the daily chart suggests buyers are in control. The first major resistance at 1.3600, followed by several key levels up to...
Share: The Canadian economy unexpectedly contracted during the second quarter. The Loonie tumbles across the board after Canadian GDP data. USD/CAD jumps towards 1.3550 despite broad-based...