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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, 7:57 am
Usd/cad outlook: 100-day sma holds the key for bulls, us/canadian jobs data awaited
USD/CAD reverses an intraday dip on Friday amid strong follow-through USD buying. An uptick in crude oil prices underpins the ...
January 6, 2023, 6:29 am
Usd/cad sticks to gains above 1.3500 mark, holds comfortably above 100-day sma
SMA and rebounds from a one-month low touched on Thursday. Looming recession risks weigh on investors’ sentiment and benefit the safe-haven greenbac...
January 5, 2023, 7:59 am
Aussie rises as china considers easing coal ban
Aussie rises broadly today on news that China is considering to lift the ban on its coal partially. The move also takes Kiwi higher. On the other hand...
January 4, 2023, 6:46 am
Nzd/usd down to fresh five-week low as dollar stays on a tear today
It's all about the dollar in the major currencies space today, as the greenback continues to jump higher across...
January 3, 2023, 9:14 am
Usd/cad price analysis: reverse from 1.3615 resistance confluence
USD/CAD takes offers to refresh intraday low around 1.3580 as it pares the biggest daily gains in two weeks heading into Thursday’s European session...
December 29, 2022, 5:44 am
Usd/cad price analysis: extends rebound from 200-sma towards 1.3570 resistance confluence
USD/CAD stays mildly bid near 1.3530 as it prints the first daily gains in three during early Wednesday. In doing so, the ...
December 28, 2022, 2:29 am
Usd/cad falls to the lowest level in three weeks under 1.3500
The USD/CAD broke a relevant support area located at 1.3520 and accelerated the downside. If the pair manages to remain below, more losses under 1.350...
December 27, 2022, 5:14 pm
Aussie turning up on positive sentiment, dollar struggles
Australian Dollar rebounds broadly today, as risk-on sentiment continues in Asian session. For now, Yen is still supported solidly by BoJ’s action e...
December 22, 2022, 6:09 am
Usd/cad sellers attack 1.3600 on firmer oil, canada inflation, us cb consumer confidence eyed
USD/CAD pares intraday losses around 1.3600 even as sellers keep the reins during the three-day downtrend early Wednesday. The ...
December 21, 2022, 2:29 am
loonie strengthens against usd as investors sell greenback for yen
The Canadian dollar strengthened against its US counterpart today, as the greenback weakened broadly against major currencies, following a surprise mo...
December 20, 2022, 9:14 pm
Usd/cad recovers a few pips from daily low, keeps the red around mid-1.3600s
USD/CAD comes under some selling pressure and is weighed by a combination of factors. An uptick in crude oil prices underpins the ...
December 19, 2022, 12:29 pm
Usd/cad price analysis: bulls running out of steam near 1.3700 key hurdle
USD/CAD remains depressed around 1.3680 as it struggles to defend the two-day uptrend during Monday’s Asian session. In doing so, the ...
December 19, 2022, 12:59 am
Usd/cad price analysis: further downside appears less compelling
USD/CAD picks up bids to pare intraday losses around 1.3640 during early loonie pair reverses the early...
December 16, 2022, 6:14 am
Usd/cad back to square one near 1.3550 after wild gyrations post-fed’s hawkish guidance
The USD/CAD pair has returned from where it started near 1.3550 after wild gyrations in the late New York session. The upside in the ...
December 14, 2022, 10:44 pm
Usd/cad to extend its rise towards 1.3810 and october peak of 1.3980 – socgen
“Last week’s low at 1.3380 aligns as near term support.” See – USD/CAD: loonie could appreciate...
December 12, 2022, 11:29 am
Cad down, aud resilient, usd lackluster
Trading in the markets was rather subdued last week. Canadian Dollar was an exception, as it was pressured by falling oil price and a dovish BoC hike....
December 10, 2022, 9:29 am
Usd/cad rebounds from 50 dma amid bearish oil prices, weaker usd might cap gains
USD/CAD bounces off 50 DMA support and recovers a part of the overnight losses. Bearish crude oil prices undermine the ...
December 9, 2022, 9:14 am
Usd/cad price analysis: bulls have a bumpy road ahead
USD/CAD retreats to 1.3588 as bulls struggle to defend the first daily gains in three heading into Friday’s European session. In doing so, the ...
December 9, 2022, 6:14 am
Usd/cad price analysis: stays defensive above 50-sma support
USD/CAD seesaws around 1.3600 as bearish take a breather during early Friday morning in Asia, after the heaviest slump in eight days. The ...
December 8, 2022, 11:44 pm