USD/CAD struggles to defend bears during the first daily loss in three. Oil prices initially cheered hopes of China stimulus, softer US Dollar before latest consolidation....
S&P Global PMIs for the United States sound the alarms of an upcoming recession. Federal Reserve tightening hits consumers while the labor market remains stable. USD/CAD...
USD/CAD seesaws around intraday low after reversing from 1.5-month-old resistance line. Recovery from 100-SMA joins bullish MACD signals, firmer RSI to suggest further advances. The 200-SMA,...
USD/CAD is decelerating on the bid and the bears are moving in. Bears eye a 50% mean reversal and the micro bullish trendline. As per the...
USD/CAD has managed to pick bids above the crucial support of 1.3600. A decline in United States inflation will set the stage for a slowdown in...
The Canadian Dollar is being supported by firmer oil prices and BOC Governor’s hawkish commentary. JP Morgan Chase & Co. see a spark in S&P500 post...
Inflation expectations in the US dipped, as reported by the NY Fed. USD/CAD traders are eyeing a speech by Bank of Canada Governor Tiff Macklem. The...
USD/CAD retreats from intraday highs, struggles to defend buyers. WTI bounces off annual low, snaps six-day downtrend amid fears of supply crunch. Sour sentiment, anxiety ahead...
USD/CAD traders will be eyeing the FOMC and the Oil price. USD/CAD is riding dynamic support with a focus on 1.3700. USD/CAD ended the week at...
USD/CAD stages a modest intraday recovery move from the 50-day SMA support on Friday. Bearish oil prices undermine the Loonie and offer support, though weaker USD...
The Loonie appreciates against the US Dollar following the Bank of Canada 50 bps rate hike. The Bank of Canada expects further tightening as core CPI...
Bank of Canada to announce monetary policy on Wednesday. The Loonie is the worst G10 performer on Tuesday. USD/CAD up for the fourth day in a...
USD/CAD struggles for a firm intraday direction and remains confined in a range on Tuesday. A modest uptick in crude oil prices underpins the Loonie and...
US economy creates 263K jobs in November against 200K of market consensus. Canadian job markets adds 50.7K full time jobs in November. The Loonie falls versus...
USD/CAD struggles to gain any meaningful traction amid the prevailing USD selling bias. A modest downtick in oil prices undermines the Loonie and helps limit downside....
USD/CAD sees around intraday low during two-day downtrend. China data, cautious mood ahead of key US statistics probe US Dollar bears. WTI crude oil eases amid...
USD/CAD remains heavily offered on Wednesday and is weighed by a combination of factors. Rising crude oil prices underpin the Loonie and exert some pressure amid...
The Canadian dollar extended its losses amid a risk-off mood. New York Fed President Williams said the Fed could hike in 2024. Canada printed a deficit...
USD/CAD bounces off the weekly low touched earlier this Friday, though lacks follow-through. An uptick in US bond yields revives USD demand and offers some support...
The US Dollar stages a recovery on risk aversion spurred by the China Covid-19 crisis. USD/CAD bounced off weekly lows around 1.3300 and tested the 1.3400...