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Dollar marginally lower as the session gets underway

The dollar is lightly changed for the most part but it is the riskier/high beta currencies (and these days, that tends to include sterling more often ...

August 29, 2023, 7:40 am

Usd/cad price analysis: pullback towards 1.3550 seems imminent as oil price recovers, greenback drops

USD/CAD remains on the back foot around 1.3600 after reversing from a three-month high the last week, not to forget the previous day’s U-turn from a...

August 29, 2023, 3:46 am

Usd/cad bulls ignore firmer oil price to aim for 1.3600, fed chair powell’s defense of hawkish policy eyed

USD/CAD edges higher around monthly top after rising the most in three weeks. Broadly firmer US Dollar propels ...

August 24, 2023, 11:59 pm

Usd/cad depicts market’s anxiety above 1.3500 amid sluggish oil price, us dollar, fed chair powell eyed

USD/CAD bears struggle to keep the reins after returning to the table the previous day, following the loonie <...

August 24, 2023, 3:59 am

Usd/cad: the push higher will continue – scotiabank

loonie remains under pressure. Economists at Scotiabank analyze USD/CAD outlook. There is a bit of a �...

August 23, 2023, 12:29 pm

Usd/cad struggles to cheer downbeat us dollar above 1.3500 as oil price falls

USD/CAD renews its intraday low near 1.3540 while skating on thin ice during early Tuesday, struggling to defend the week-start pullback from the high...

August 22, 2023, 2:44 am

Usd/cad price analysis: setup favours bulls and supports prospects for further gains

USD/CAD consolidates its recent strong gains to its highest level since early June. Rising Oil prices underpin the ...

August 21, 2023, 4:44 am

Usd/cad ticks lower amid rebounding oil prices/softer usd, downside potential seems limited

USD/CAD pulls back from its highest level since early June touched this Thursday. Rebounding Oil prices underpins the ...

August 17, 2023, 8:44 am

Usd to cad prices forecast: loonie falls as major importer china struggles

Canadian Dollar dips amid China’s economic concerns, which are adversely affecting Canada’s main exports – metals and oil. Read Full Story at so...

August 15, 2023, 9:16 am

Usd/cad steadies near 1.3450 on softer us dollar, upbeat oil price ahead of canada inflation, us retail sales

USD/CAD clings to mild losses near 1.3450 as it seesaws at the weekly top marked the previous day amid early Tuesday morning in Europe. In doing so, t...

August 15, 2023, 7:14 am

Usd/cad: loonie looks cheap and should be trading somewhat higher than it is – scotiabank

Resistance to USD/CAD advancing beyond the mid-1.34 zone has been pretty consistent over the past week. Economists at Scotiabank analyze the pair’s ...

August 14, 2023, 12:29 pm

Usd/cad price analysis: pierces 200-dma, key resistance line as canada inflation, fed minutes loom

Bullish MACD signals, sustained upside break of four-month-old rising trend line favor loonie pair buye...

August 14, 2023, 2:59 am

Usd/cad price analysis: consolidates above 1.3400/100-day sma, bullish bias remains

Bullish Oil prices underpin the loonie and caps gains, though a modest USD uptick lends support. The te...

August 10, 2023, 4:14 am

Usd/cad recovers some ground near the 1.3370 area in the canadian bank holiday

The USD/CAD pair consolidates its recent gains near 1.3370 in the early Asian session. The downbeat Canadian employment data triggers a weakening in t...

August 7, 2023, 1:29 am

loonie rallies as wages accelerate and oil price rally continues

Canada lost 6,400 jobs in July as the unemployment rate rose for a third straight month Canadian wage pressures jump to 5.0%, which might not let poli...

August 4, 2023, 4:53 pm

Usd/cad: a perfect short-term storm for the loonie – scotiabank

The Canadian Dollar trades weaker as external factors pull USD/CAD to test major technical resistance, economists at Scotiabank report. A generally fi...

August 3, 2023, 12:30 pm

Usd/cad price forecast: loonie preps for canadian & us pmi data

USD/CAD is roughly 0.4% higher for the day thus far ahead of Canadian and US manufacturing PMI’s respectively......

August 1, 2023, 7:55 am

Usd/cad declines towards 1.3200 as us dollar extends correction ahead of us factory pmi

The USD/CAD pair witnesses selling pressure after failing to sustain above the crucial resistance of 1.3250 in the London session. The ...

July 31, 2023, 12:14 pm

Usd/cad price analysis: consolidates near three-week high, around mid-1.3200s

USD/CAD touches a nearly three-week top on Monday, albeit lacks follow-through buying. Retreating Oil prices undermines the ...

July 31, 2023, 4:29 am

Usd/cad remains limited by 1.3250, loonie not impressed by canadian data

The USD/CAD dropped to the 1.3200 area following US and Canadian economic data but then rebounded, approaching the key resistance area at 1.3250. The ...

July 28, 2023, 4:59 pm


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