Share: Reuters reported that Bank of Canada Governor Tiff Macklem said on Tuesday that no further rate hikes would be needed if, as expected, the economy...
USD/CAD tumbled to fresh YTD lows at around 1.3262 but recovered and reclaimed 1.3300. USD/CAD Price Analysis: Upward biased above 1.3250. The USD/CAD recovered some ground,...
The rate hike by the US Federal Reserve tumbled the USD/CAD to new YTD lows. Falling oil prices and solid US labor market data underpinned the...
USD/CAD bulls look to the 50% mean reversal target of the bearish impulse. Bears eye support below 1.3300, targeting 1.3250/20 and then 1.3200 / 1.3150. USD/CAD...
Inflation in the United States continues to fall, as the ECI showed, sparking talks about a Fed pivot. Canada’s economy stalled and grew at a 0.1%...
US Dollar up modestly amid higher US yields ahead of Fed and key data. Equity and crude oil prices trim losses during the American session. USD/CAD...
USD/CAD stages a modest recovery from over a two-month low touched earlier this Monday. A softer tone around crude oil prices undermines the Loonie and acts...
USD/CAD keeps bouncing off 2.5-month low while snapping two-day downtrend. Shift in market sentiment exerts downside pressure on Oil price, favors US Dollar. China-linked headlines entertain...
USD/CAD picks up bids to pare intraday losses after six-week downtrend. Bearish triangle, downbeat RSI (14) conditions challenge buyers. Late 2022 low could lure bears past...
USD/CAD picks up some pace and retests 1.3330. US headline, Core PCE drifted lower in December. US Consumer Sentiment comes next in the docket. USD/CAD now...
USD/CAD regains some positive traction on Friday amid a modest pickup in the USD demand. Thursday’s upbeat US macro data fuels hawkish Fed expectations and benefits...
USD/CAD remains pressured around 10-week low, down for the second consecutive day. US Dollar fades post-GDP rebound amid mixed details. Oil price stays firmer in hopes...
USD/CAD remains under some selling pressure for the fourth straight day on Tuesday. Bullish crude oil prices underpin the Loonie and act as a headwind amid...
USD/CAD is looking to extend its downside towards a weekly low around 1.3340 amid the risk-on market mood. The BoC is expected to hike interest rates...
US Existing Home Sales continue to deteriorate and weigh on the US Dollar. Retail sales in Canada dropped, though improved in November, compared with October. Fed’s...
The USD/CAD bears are taking a double bottom near the 1.3450 support area. Bears eye a 61.8% Fibonacci retracement near 1.3415 should the double bottom (DB)...
USD/CAD turns lower for the second straight day and is pressured by a combination of factors. Bullish crude oil prices underpin the Loonie and weigh on...
Statistics Canada will release December Consumer Price Index (CPI) data on Tuesday, January 17 at 13:30 and as we get closer to the release time, here...
USD/CAD oscillates in a narrow band and is influenced by a combination of diverging forces. A modest uptick in crude oil prices underpins the Loonie and...
USD/CAD is based above a prior target low in the 1.3320s. USD/CAD is embarking on a correction but 1.3450 needs to give. As per the prior...