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Usd/cad: loonie may not fall out of markets’ favours just yet as boc will go for another hike in july – ing
Today’s inflation data in Canada will be key to driving market expectations for the BoC’s July decision. Economists at ING analyze CAD outlook. Re...
June 27, 2023, 10:44 am
Usd/cad analysis: seems vulnerable near ytd low, canadian cpi and us macro data in focus
USD/CAD remains under bearish pressure for the second straight day and hits a fresh YTD low. An uptick in Crude Oil prices underpins the ...
June 27, 2023, 7:14 am
Usd/cad price analysis: bears run out of steam around mid-1.3100s ahead of canada inflation
USD/CAD fades bounces off the lowest levels since September 2022 as it retreats to 1.3150 amid early hours of Tuesday. In doing so, the ...
June 27, 2023, 12:29 am
Usd/cad slips below 1.3200 as us dollar retreat ahead of us/canada inflation, ignores downbeat oil price
USD/CAD clings to mild losses around 1.3160 while reversing the previous day’s corrective bounce off the nine-month low during early Monday. In doin...
June 26, 2023, 2:29 am
Usd/cad sticks to intraday recovery gains, eyes 1.3200 amid sliding oil prices/stronger usd
Weaker Crude Oil prices undermine the loonie and act as a tailwind amid a modest USD strength. The Fed�...
June 23, 2023, 5:14 am
Usd / cad – canadian dollar reaches tipping point
loonie rising as expected BoC rate hikes to match Fed. – Bank of England surprises with a 50bp rate b...
June 22, 2023, 8:59 pm
Usd/cad languishes near its lowest level since september 2022, just above mid-1.3100s
USD/CAD drops to its lowest level since September 2022 during the Asian session on Thursday. The overnight rally in Oil prices underpins the ...
June 22, 2023, 5:14 am
Usd/cad stabilizes above 1.3200 following footprints of sideways oil and usd index
The USD/CAD pair is demonstrating topsy-turvy moves above the round-level support of 1.3200 in the London session. The ...
June 20, 2023, 12:44 pm
Usd/cad price analysis: loonie bears seek acceptance from 1.3250 key hurdle
Should the quote manage to cross the 1.3250 resistance confluence, the 200-HMA level of around 1.3300 will act as the final defense of the USD/CAD bea...
June 20, 2023, 6:14 am
Usd/cad climbs to 1.3230 area on weaker oil prices, modest usd strength
USD/CAD gains traction for the second straight day and recovers further from the YTD low. Weaker Oil prices undermine the ...
June 20, 2023, 2:44 am
Usd/cad clings to mild gains above 1.3200 as us dollar, wti pare recent moves with mixed feelings
USD/CAD bounces off the lowest levels in nine months but recovery moves lack upside momentum. Mixed sentiment, lack of conviction about Fed vs. BoC di...
June 16, 2023, 5:59 am
Usd/cad faces resistance around 1.3350 as usd index loses strength
The USD/CAD pair has sensed offers near the immediate resistance of 1.3350 in the early European session. The ...
June 15, 2023, 10:59 am
Usd/cad price analysis: weekly bearish channel prods loonie pair buyers above 1.3300
USD/CAD picks up bids to extend the previous day’s rebound from 4.5-month low. Short-term descending trend channel joins sluggish MACD, RSI to prod ...
June 15, 2023, 1:59 am
Usd / cad – canadian dollar pushing its boundaries
loonie probing resistance and hoping to break higher. – FOMC widely expected to skip a rate hike toda...
June 14, 2023, 5:29 pm
Usd/cad price analysis: drops vertically to near 1.3300 as bets for neutral fed policy remain solid
The USD/CAD pair has shown a perpendicular fall to the round-level support of 1.3300 after facing stiff barricades around 1.3320 in the European sessi...
June 14, 2023, 8:14 am
Usd/cad draws support from bearish oil prices, weaker usd to cap gains ahead of us cpi
USD/CAD ticks higher for the second straight day, albeit lacks follow-through buying. Bearish Crude Oil prices undermine the ...
June 13, 2023, 3:29 am
Usd/cad hangs near one-month low on weaker usd, bearish oil prices could limit losses
USD/CAD turns lower for the fifth straight day and is pressured by renewed USD selling. Bearish Crude Oil prices could undermine the ...
June 12, 2023, 9:44 am
Usd/cad ticks higher on sliding oil prices, subdued usd demand acts as a headwind
USD/CAD edges higher during the Asian session on Monday, albeit lacks follow-through. A softer tone around Oil prices undermines the ...
June 12, 2023, 1:44 am
Rba and boc bombshells stir market waters; dollar, euro and yen suffered
Last week marked the beginning of an avalanche of central bank surprises, with both RBA and BoC springing unexpected rate hikes on markets. However, t...
June 10, 2023, 1:40 pm
Usd/cad traces us dollar rebound to aim for 1.3400 on downbeat oil price, canadian employment eyed
USD/CAD takes offers to 1.3360 while reversing from the intraday high as it prepares for Canada employment data for May on early Friday. In doing so, ...
June 9, 2023, 6:44 am