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Usd/cad braces for boc near 1.3400 as oil grinds higher, us dollar struggles

USD/CAD picks up bids to rebound from the lowest levels in one month as it defends the 1.3400 threshold early Wednesday. In doing so, the Loonie pair ...

June 7, 2023, 3:14 am

Aud/usd eyes steady increase to 0.6800

Key Highlights AUD/USD is moving higher above the 0.6550 resistance. It broke a major bearish trend line with resistance near 0.6510 on the 4-hour cha...

June 7, 2023, 3:00 am

Forexlive asia-pacific fx news wrap: pboc sets cny even weaker

Australia’s Treasurer Chalmers says rising interest rates are impacting on economic growthMorgan Stanley says the RBA is likely to raise rates only ...

June 7, 2023, 2:57 am

Pboc sets usd/ cny mid-point today at 7.1196 (vs. estimate at 7.1194)

People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade plu...

June 7, 2023, 1:15 am

Pboc is expected to set the usd/cny reference rate at 7.1194 – reuters estimate

People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (Pboc),...

June 7, 2023, 12:18 am

Usd/cad forecast: boc interest rate decision takes spotlight

USD/CAD registers a fresh weekly low (1.3390) as it gives back the advance from the start of the week, but the Bank of Canada (...

June 6, 2023, 11:29 pm

The bank of canada: a trader’s guide

As we approach tomorrow's pivotal meeting for the Bank of Canada (boc), let's take a look at the histor...

June 6, 2023, 7:09 pm

Usd/cad remains near three-week lows ahead of the boc decision

The USD/CAD pair fell to its lowest level since May 11 at 1.3390. Investors await boc’s decision, exp...

June 6, 2023, 6:29 pm

Rba rate hike reverberates in a quiet economic calendar

The lone notable items on the North American economic calendar today are:Canadian building permits at 8:30 am ETCanadian Ivey PMI at 10 am ETNew Zeala...

June 6, 2023, 12:13 pm

Will the boc resume interest rate hhikes?

After staying inactive for two consecutive meetings, the boc is now expected by a decent percentage of ...

June 6, 2023, 8:31 am

Usd/cad slides towards 1.3400 on sluggish oil, downbeat us dollar ahead of boc, canada employment report

A daily closing below the 200-day Exponential Moving Average (EMA), around 1.3420 by the press time, becomes necessary for the USD/CAD bears to aim fo...

June 6, 2023, 5:44 am

Rba shoots up aussie, dollar consolidating against europeans and yen

Australian Dollar surges broadly after surprised RBA rate hike. Tightening bias is also maintained, so more hike(s) could still be in the pipeline. Th...

June 6, 2023, 5:19 am

Forex watchlist: cad/jpy correction levels ahead of boc decision

Anyone down for a simple trend correction play on a Loonie pair? Check out these neat CAD/JPY retracement levels ahead of the ...

June 6, 2023, 4:05 am

More on the forecast for the pboc to cut rrr, interest rates in h2 2023

The headline on this from earlier:China Securities Journal says RRR & interest rate cut likely in H2 this yearReuters have followed up with some more ...

June 6, 2023, 3:50 am

Forexlive asia-pacific fx news wrap: awaiting the reserve bank of australia decision

AUD traders note: RBA Gov Lowe, Dep Gov Bullock both speaking the day following meetingThe 4 phrases from Japanese officials to listen for signalling ...

June 6, 2023, 2:57 am

Pboc is expected to set the usd/cny reference rate at 7.1080 – reuters estimate

People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (Pboc),...

June 6, 2023, 12:22 am

Event guide: boc monetary policy statement june 2023

Will the Bank of Canada keep rates on hold for the third time in a row? Here’s an event guide for their upcoming policy decision......

June 5, 2023, 7:16 pm

Usd/cad continues to remain sideways around 1.3450 as focus shifts to boc policy

The USD/CAD pair is consistently showing back-and-forth action around 1.3430 in the early New York session. The Loonie asset is struggling to deliver ...

June 5, 2023, 1:44 pm

Trade of the week: time for usdcad to breakout?

By ForexTime The Canadian Dollar is the second-best performer against the US dollar so far in June, gaining 1% thanks to higher oil prices and increas...

June 5, 2023, 11:43 am

Trade of the week: time for usd/cad to breakout?

The Canadian Dollar is the second-best performer against the US dollar so far in June, gaining 1% thanks to higher oil prices and increased expectatio...

June 5, 2023, 11:30 am


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