Share: USD/CAD grinds at the highest level in 11 weeks as bulls take a breather after three-day uptrend. Overbought RSI (14) line, 1.5-month-long rising trend line...
Share: USD/CAD advances 0.05% to 1.3551, buoyed by investor concerns over China’s shadow bank and real estate crises. US retail sales exceed expectations, supporting the Fed’s...
Share: Economists at RBC Economics expect the USD/CAD pair to see a range-bound movement in the coming days and weeks. Year-end target for USD/CAD retained at...
Share: USD/CAD trades little changed in the mid-1.35s. Economists at Scotiabank analyze the pair’s outlook. Weak risk mood remains a headwind for CAD Weak risk mood...
Share: USD/CAD consolidates its recent strong gains to its highest level since early June. Rising Oil prices underpin the Loonie and caps gains amid subdued USD...
Share: USD/CAD consolidates and seeks fresh impetus on monetary policies from both countries. BoC adjusted its forecast that a slowdown in inflation would take longer. Traders...
Share: USD/CAD sets a six out of the last seven days of gains and rose to 1.3550, trading its highest since early June. The USD gained...
Share: USD/CAD extends gains as an effect of the drop in Crude oil price. US PMI data and Canada Retail Sales could give fresh insights into...
Share: Powell’s hawkish tone on inflation and potential for further rate hikes propels USD/CAD to a three-month high of 1.3640, currently trading at 1.3613. Philadelphia Fed’s...
Share: Canadian economy contracts 0.2% against expectations of a 1.2% expansion. USD/CAD stays in positive territory above 1.3500 after the data and US NFP. Canada’s real...
Share: USD/CAD stays pressured while justifying Monday’s bearish Doji, reversal from key resistance line. Looming bear cross on MACD, overbought RSI also suggest Loonie pair’s pullback....
Share: USD/CAD bounces off weekly low to prod three-day losing streak. Oil price retreats as market prepares for top-tier US data, China PMI, stimulus fail to...
Share: USD/CAD trades nearly flat at 1.3510 as the Asian session begins, despite the US Dollar gaining against most G10 currencies. Falling US Treasury bond yields...
Share: Despite a recovery of 0.78% from its year-to-date (YTD) low of 1.3092, the USD/CAD remains below the intermediate resistance level of 1.3243. USD/CAD’s first resistance...
Share: USD/CAD trades with a mild negative bias for the second consecutive day on Tuesday. Bullish Crude Oil prices underpin the Loonie and exert pressure amid...
Share: The Canadian Dollar declines versus the US Dollar on Friday after Canadian Retail Sales come out lower than expected in May. The USD also benefits...
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...