Share: USD/CAD meets with a fresh supply on Tuesday and is weighed down by a combination of factors. An uptick in Oil prices underpins the Loonie...
Share: USD/CAD forms a bearish engulfing pattern and struggles to breach the 1.3300 mark, signaling a possible downside. Pair is currently neutral but might dip further...
Share: USD/CAD gains some positive traction on Monday and draws support from a combination of factors. A downtick in Oil prices undermines the Loonie and acts...
Share: USD/CAD has dropped sharply to near 1.3320 amid headwinds of upbeat Canadian labor market data and downbeat US NFP. Although US employment numbers missed consensus,...
Share: Canadian Dollar claws back losses suffered overnight after underwhelming NFP data bursts Thursday’s optimism. CAD finds a friend in rising Crude Oil prices and after...
Share: USD/CAD grinds near three-week high as key US, Canada data looms, clings to 50-EMA hurdle. Bullish MACD signals, upbeat RSI favors Loonie pair buyers to...
Share: The USD/CAD jumped above the 20-day SMA for the first time since early June to 1.3285. Rising yields following hawkish FOMC minutes benefited the USD....
Share: The Canadian Dollar loses ground as higher interest rates in the US and expectations of more hikes favor the US Dollar. A triennial OPEC conference...
Share: USD/CAD regains some positive traction on Wednesday, though lacks bullish conviction. Softer oil prices undermine the Loonie and lend support amid modest USD strength. Traders...
Share: The Canadian Dollar trades slightly higher supported by a rise in Oil prices on supply fears. Canadian Manufacturing PMI comes out lower than expected in...
Share: USD/CAD continues with its struggle to gain any meaningful traction on Tuesday. Softer Crude Oil prices undermine the Loonie and lend some support to the...
Share: USD/CAD bulls move in for the easy money into month end. The support area was a foundation for a short squeeze ahead of a new...
Share: USD/CAD gains traction for the second straight day and recovers further from the YTD low. Tuesday’s softer Canadian CPI print undermines the CAD and lends...
Share: USD/CAD drifts lower for the second straight day and is pressured by a combination of actors. An uptick in Oil prices underpins the Loonie and...
Share: Consumer Statistics Canada will release May. Price Index (CPI) data on Tuesday, June 27 at 12:30 and as we get closer to the release time,...
Share: USD/CAD takes offers to reverse the previous day’s corrective bounce off the lowest level since September 2022. WTI crude oil fails to cheer risk-positive headlines...
Share: USD/CAD traders await the open next week to decide on the directional bias. Bulls are in the market and correcting bearish bias. As per the...
Share: USD/CAD drops to its lowest level since September 2022 during the Asian session on Thursday. The overnight rally in Oil prices underpins the Loonie and...
Share: BoC’s Summary of Governing Council deliberations shows members agree the economy remained clearly in excess demand. At the June meeting, the BoC raised interest rates...
Share: USD/CAD jumped to a high of 1.3270 before stabilizing at 1.3235. PBoC rate cuts fueled global economic downturn worries. Falling Oil prices and strong USD...