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Usd/cad outlook: bears dominating in the wake of boc

USD/CAD is struggling below the 1.3400 area. Sluggish oil prices may provide some room for buyers. Traders await the BoC rate decision today. At the s...

January 25, 2023, 6:58 am

Aussie soars, kiwi tumbles, loonie awaits boc

Australian Dollar rises broadly today after strong CPI data supports continuation of tightening by RBA. On the other hand, New Zealand CPI didn’t ac...

January 25, 2023, 6:46 am

Fx option expiries for 25 january 10am new york cut

Once again, it is a whole load of nothing on the expiries board for today. As such, trading sentiment will cont...

January 25, 2023, 6:02 am

Usd/cad stumbles below the 20/100-day emas, eyeing 1.3400

USD/CAD is registering moderate losses during the North American session, falling from daily highs nearby 1.3500 after the release of US and Canadian ...

January 20, 2023, 5:29 pm

Usd/cad looks to regain 1.3500 despite firmer oil price, canada retail sales, fed talks eyed

USD/CAD pares the recent losses around 1.3465 as it picks up bids to reverse the previous day’s pullback from a fortnight high during Friday’s Asi...

January 19, 2023, 11:44 pm

Usd/cad forecast poll

The USD/CAD pair tells the trader how many Canadian dollars (the quote currency) are needed to purchase one U.S. dollar (the base currency). This curr...

January 19, 2023, 9:14 pm

Usd / cad – canadian dollar plummets

US recession fears boost US dollar and sink Loonie. – EURUSD anticipating a hawkish ECB outcome. – US dollar consolidates yesterday’s gains over...

January 19, 2023, 2:59 pm

Usd/cad faces barricades around 1.3500 after a bumper rally, oil plunges

The USD/CAD pair has witnessed a pause after a juggernaut rally around the psychological resistance of 1.3500 in the early Asian session. The ...

January 18, 2023, 11:14 pm

Usd/cad hangs near daily low, just above mid-1.3300s amid rising oil prices/weaker usd

USD/CAD turns lower for the second straight day and is pressured by a combination of factors. Bullish crude oil prices underpin the ...

January 18, 2023, 10:59 am

Usd/cad rebounds from 1.3370 as investors turn anxious ahead of us ppi

The USD/CAD pair has delivered a recovery move after gauging strength near the critical support of 1.3370 in the late New York session. The ...

January 17, 2023, 10:29 pm

Usd/cad: weak canadian inflation to put selling pressure on the loonie – commerzbank

On the other hand, the US dollar is not in particular demand at present either so the CAD losses should be limited.” See – Canadian CPI Preview: F...

January 17, 2023, 9:29 am

Usd/cad lacks firm intraday direction, oscillates in a range around 1.3400 mark

USD/CAD attracts some dip-buying on Monday and is supported by a combination of factors. Retreating oil prices undermines the ...

January 16, 2023, 1:29 pm

Yen rallies on narrowing yield gaps, dollar recovering slightly elsewhere

While Dollar was sold off overnight, the decline was less severe than originally expected. Indeed, the greenback is currently just the second worst pe...

January 13, 2023, 5:55 am

Usd/cad struggles around 1.3430 as oil bulls run out of steam, us inflation eyed

USD/CAD clings to 1.3430 while keeping the previous day’s inaction as markets turn cautious ahead of the key US Consumer Price Index (CPI) data for ...

January 12, 2023, 1:59 am

Usd/cad: loonie to be an underperformer among the g10 currencies over the medium-term – wells fargo

We believe a contracting Canadian economy and an end to Bank of Canada tightening could contribute to some underperformance by the Canadian Dollar ove...

January 11, 2023, 2:44 pm

Usd/cad remains depressed amid uptick in oil prices, holds above 1.3400 mark

USD/CAD struggles to capitalize on the overnight bounce and edges lower on Wednesday. An uptick in crude oil prices underpins the ...

January 11, 2023, 10:29 am

Usd/cad: adjustment of rate expectations to the upside could support the loonie – commerzbank

Board members of the Bank of Canada (BoC) might have to adjust its rate hikes expectations. The loonie ...

January 10, 2023, 7:44 am

loonie falls ahead of canada jobs data

Statistics Canada will release Canada jobs data for December at 8:30 am ET Friday. Ahead of the data, the loon...

January 6, 2023, 5:29 pm

loonie rises after canada jobs data

Following the release of Canada jobs data for December at 8:30 am ET Friday, the loonie climbed against...

January 6, 2023, 5:14 pm

Can canadian jobs numbers change the boc’s mind?

The loonie has been suffering a bit for a combination of factors. The slide in the price of crude, is o...

January 6, 2023, 10:00 am


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