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Usd/cad retreats towards 1.3800 as oil bears take a breather, us/canada employment data eyed
USD/CAD pares the biggest weekly gains since late September, snaps four-day uptrend with mild losses. BoC’s Rogers terms the latest rate hike pause ...
March 9, 2023, 11:44 pm
Usd/cad comes up for some air, boc in focus later today
The pair has been on a steady grind higher since mid-February and yesterday's break above 1.3700 is very much h...
March 8, 2023, 9:30 am
Usd/cad: bruising climb to short-term highs sparks reversal
(MENAFN- Daily Forex) The usd/cad is trading near the 1.33800 ratio as of this writing in conditions th...
February 11, 2023, 7:44 am
Usd/cad builds base
The Canadian dollar steadied after inflation eased more than expected in December. From the daily chart’s perspective, the pair is still in a prolon...
January 18, 2023, 8:17 am
Intraday market analysis – cad consolidates gains
USDCAD builds base The Canadian dollar steadied after inflation eased more than expected in December. From the daily chart’s perspective, the pair i...
January 18, 2023, 7:33 am
Stocks are at session lows.
The US stocks are trading to new session lows. A snapshot of the markets shows:
- Dow Industrial Average is down -239.43 points or -0.72% ...
January 3, 2023, 6:05 pm
Usd/cad seeks support
The Canadian dollar edged higher after its economy grew by 0.1% in October. The US counterpart had recovered along a rising trendline from mid-Novembe...
December 27, 2022, 7:51 am
Intraday market analysis – usd pulls lower
USDCAD seeks support The Canadian dollar edged higher after its economy grew by 0.1% in October. The US counterpart had recovered along a rising trend...
December 27, 2022, 7:31 am
Gold prices to remain under pressure due to profit booking, less chance of santa rally; go long at 53800 level
In MCX, gold has failed to sustain above 55000 levels historically and it needs weekly closing above that level for bulls to establish control. Read F...
December 23, 2022, 6:14 am
Usd/cad breaks resistance
The Canadian dollar tumbled over a deceleration in the Q3 GDP. A series of higher lows had already shown growing buying pressure. A break above 1.3570...
November 30, 2022, 8:23 am