Us dollar fallas broadly

There isn't a clear catalyst for the improved sentiment in markets and fall in the US dollar but they've come at the same time. S&P 500 futures are...

December 8, 2022, 1:39 pm

Usd/cad price analysis: retreats from monthly resistance line below 1.3700

USD/CAD registers another failure to cross the one-month-old resistance line as it drops to 1.3655 amid the initial hour of Thursday’s European trad...

December 8, 2022, 7:44 am

Usd/cad forecast: seems poised to appreciate further amid dovish boc, bearish oil prices

USD/CAD inches back closer to a one-month high and draws support from a combination of factors. A dovish shift by the BoC on Wednesday and bearish oil...

December 8, 2022, 7:29 am

Pound canadian dollar rate narrows as oil price fall drags cad

The Canadian Dollar (CAD) slumped on Wednesday as oil prices fell below levels not seen since the start of the Ukraine-Russia conflict. The oil-linked...

December 8, 2022, 7:29 am

Usd/cad juggles around 1.3650 as boc reaches near interest rate peak

The USD/CAD pair is displaying back-and-forth moves in a narrow range of around 1.3650 in the early Tokyo session. The ...

December 7, 2022, 11:29 pm

Usd/cad: loonie could appreciate substantially in 2023 – nbf

Although it has recovered from some of its recent losses, the loonie has performed disappointingly over...

December 7, 2022, 3:44 pm

Usd/cad: loonie to see a short-lived rally on a boc’s 50 bps hike – ing

A 50 bps hike would likely send CAD higher, but the FX reaction should be short-lived, economists at ING report. Not … Read Full Story at source (ma...

December 7, 2022, 12:29 pm

Usd/cad price analysis: bulls keep the reins around mid-1.3600 with eyes on boc

USD/CAD struggles for clear directions as bulls take a breather after a three-day uptrend, making rounds to the monthly high near 1.3650 during early ...

December 7, 2022, 4:59 am

Usdcad may not be the most responsive loonie cross to the boc decision

The Bank of Canada rate decision is on tap for Wednesday, and there is debate around what the central bank intends to do with its policy. USDCAD will ...

December 6, 2022, 7:30 pm

Canadian dollar weakens in otherwise indecisive markets

Canadian Dollar is currently the weakest one in otherwise sluggish markets. Falling oil price is a factor dragging down the Loonie, and traders are al...

December 6, 2022, 2:08 pm

Usd/cad price analysis: retreats towards previous resistance line near 1.3550

USD/CAD bulls take a breather around the weekly high as the quote declines to 1.3585 during Tuesday’s Asian session. In doing so, the ...

December 6, 2022, 1:29 am

Usd/cad bulls take a breather around 1.3600 as oil steadies after a slump, boc eyed

USD/CAD seesaws around a one-week high as bulls flirt with the 1.3600 threshold following a strong run-up to cross the previous key resistances. That ...

December 5, 2022, 11:44 pm

Can the boc meeting deliver any surprises?

The Bank of Canada is about to announce another rate hike on December 7. The market expects a 25bps rate increase despite the upside surprise in the Q...

December 5, 2022, 11:00 am

Weekly fx market recap: nov. 28 – dec. 1, 2022

The Japanese yen made gains as traders balanced China news & disappointed economic updates, while the loonie <...

December 2, 2022, 9:52 pm

Two trades to watch: usd/cad, gbp/usd

USD/CAD looks to US & Canadian jobs data USD/CAD lacks direction ahead of the jobs reports from the US and Canada. The ...

December 2, 2022, 10:03 am

Usd/cad price analysis: sellers approach 1.3380 support confluence

USD/CAD remains depressed around 1.3420, despite bouncing off the intraday low of 1.3408, as sellers cheer a downside break of 200-SMA during early Th...

December 1, 2022, 1:14 am

Usd/cad price analysis: buyers poke key hurdle to the north around 1.3600

USD/CAD remains sidelined around 1.3585-90, recently picking up bids, as traders struggle with the key hurdle during early Wednesday morning in Asia. ...

November 29, 2022, 11:59 pm

Now the dots are connected on the big canadian dollar drop today

Today's Canadian dollar's decline was ultra-curious given:

1. Canadian GDP today was strong at 2.9% vs 1.5% expected
2. Oil is higher ...

   November 29, 2022, 8:12 pm

loonie little changed after canada gdp data

Following the release of Canada GDP data for the third quarter at 8:30 am ET Tuesday, the loonie change...

November 29, 2022, 5:14 pm

loonie falls ahead of canada gdp data

Canada GDP data for the third quarter is due at 8:30 am ET Tuesday. Ahead of the data, the loonie dropp...

November 29, 2022, 4:59 pm