Share: USD/CAD remains indecisive, struggles to extend previous day’s rebound from weekly low. Bullish chart formation needs validation from Canada Retail Sales for June. Convergence of...
Share: USD/CAD posts a modest gain above the 1.3170 area amid a stronger USD. Initial US jobless claims showed a lower-than-expected figure. The Federal Reserve (Fed)...
Share: The Canadian Dollar rises versus the Buck on the back of a bullish outlook for Crude Oil. The expectation that the BoC will have to...
Share: USD/CAD remains pressured at weekly low, reversing Friday’s bounce off 10-month low. US Dollar snaps two-day recovery, Oil price remains sluggish as market sentiment dwindles...
Share: USD/CAD is looking vulnerable above the immediate support of 1.3160 amid weakness in the US Dollar. The recovery move in the USD Index seems fragile...
Share: Canadian Dollar recoveries vs. The Greenback after the release of US Industrial Production data shows a surprise decline in output. The release follows key macro...
Share: USD/CAD loses momentum near 1.3180 in the Asian session. The US Dollar remains under pressure amid a less hawkish stance from the Federal Reserve (Fed)....
Share: USD/CAD falls below 1.3200 as Canadian bond yields bolster CAD. Failure to break 1.3100 enables recovery, despite bearish RSI. USD/CAD’s recovery is reliant on reclaiming...
Share: The Canadian Dollar trades in volatile ups and downs against the US Dollar after hitting a technical ceiling and a decline in Oil prices. Oil...
Share: Bank of Canada (BoC) Governor Tiff Macklem expects inflation to be around 3% for next year and then gradually move back to the 2% target....
Share: USD/CAD has turned sideways above 1.3100 as investors await key triggers for further guidance. In June, US inflation grew at a nominal pace as a...
Share: USD/CAD remains on the back foot at its lowest level in 10 months, licking its wounds after a three-day downtrend. Convergence of 25-month-old rising support...
Share: The Canadian Dollar continues rallying against the US Dollar on Thursday after the BoC’s decision to raise rates at its meeting on the previous day....
Share: USD/CAD remains on the defensive near the 1.3180 mark after the softer US inflation data. The Bank of Canada (BoC) raised the rate by 25...
Share: The USD/CAD fell to a low of 1.3145 and then settled at 1.3185, closing with losses. BoC hiked rates by 25 bps, as expected. The...
Share: Tiff Macklem, Governor of Bank of Canada, comments on the policy outlook following the Bank of Canada’s (BoC) decision to raise the policy rate by...
Share: The Canadian Dollar strengthens on Wednesday after the Bank of Canada decides to raise interest rates by 0.25%. Just-released US inflation data further weighs on...
Share: USD/CAD has shown a recovery move from 1.3200 amid a mild rebound in the USD Index. Investors are hoping that the Fed will hike interest...
Share: USD/CAD drifts lower for the second straight day and drops to a two-week low on Wednesday. Bullish Oil prices underpin the Loonie and exert pressure...
Share: USD/CAD bears are looking for a break of key support. Bulls eye a move through resistance and a 50% mean reversal resistance area. USD/CAD fell...