Share: Canadian Dollar turns bearish as broader markets go risk-off. Canada Manufacturing PMI declined on Monday to 47.5. Rest of the week to be determined by...
Share: USD/CAD moves sharply back to the 1.36 area. Economists at Scotiabank analyze the pair’s outlook. Support aligns at 1.3520/1.3525 Solid USD gains on Friday put...
Share: USD/CAD receives upward support after the moderate US data on Friday. US bills were successfully passed to avert a government shutdown, securing funding until November...
Share: Canadian Dollar back into recent lows as Crude Oil prices tumble on Friday. Canadian GDP missed market expectations, economic growth came in flat. USD/CAD etches...
Share: USD/CAD discovers a cushion near 1.3420 on Canada’s stagnant GDP and soft US core PCE data. US monthly core PCE expanded at a nominal pace...
Share: Loonie is tracking crude barrel prices, USD closely. Canada GDP is expected to see sluggish growth. Canadian inflation remains sticky, keeping the BoC on its...
Share: The USD/CAD couldn’t hold onto highs above 1.3540, falling back to end Wednesday flat. The US Dollar is broadly higher across the markets, but the...
Share: The USD/CAD had cleared the 1.3500 handle in Tuesday trading. The oil-backed Loonie is unable to find gains as the DXY captures the broader market....
Share: USD/CAD discovers buying interest near 1.3460, supported by a fresh upside in the US Dollar. S&P500 opens on a flat-to-negative note as investors remain worried...
Share: The USD/CAD is recovering for Friday after slipping to 1.3425. Rising oil prices are bolstering the CAD, but the USD has been finding market support....
Share: USD/CAD loses traction around 1.3460 on Friday. The pair holds below the 50- and 100-hour EMAs; Relative Strength Index (RSI) stands in bearish territory below 50....
Share: USD/CAD seeing mid-Thursday rejection from the topside as Greenback pauses. Oil-based CAD getting bolstered by rebounding oil prices. US PMIs, CAD Retail Sales still in...
Share: USD/CAD retraces the recent losses ahead of the Fed policy decision. Upbeat Canada’s CPI data reinforces the Canadian Dollar (CAD). Higher Crude prices exert downward...
Share: The USD/CAD is trying to recover the day’s losses after getting knocked lower. The Loonie is catching support from steadily-rising oil costs. The USD/CAD is...
Share: USD/CAD pushed support in the upper 1.34 area. Economists at Scotiabank analyze the pair’s outlook. USD/CAD should run lower to test 1.3393 Losses through firm...
Share: Statistics Canada will release August Consumer Price Index (CPI) data on Tuesday, September 19 at 12:30 and as we get closer to the release time,...
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...