USD/CAD Price Forecast: Consolidates near two-week high as bulls await move beyond 1.3700
The USD/CAD pair touches a nearly two-week high during the Asian session on Thursday and looks to extend the recent move up witnessed over the past week or so. Meanwhile,…
Read More »investingLive Americas market news wrap: Nonfarm payrolls a touch soft, no tariff decision
US December non-farm payrolls +50K vs +60K expected Canada employment change 8.2K versus -5.0 K estimate Japan’s Takaichi weighs calling a snap election for mid-February US October housing starts 1.246m…
Read More »Forexlive Americas FX news wrap: Trump cancels trade talks with Canada
Trump cancels trade talks with Canada Carney says he has not spoken with Trump today US May PCE core +2.7% y/y vs +2.6% expected Canada GDP for April -0.1% vs…
Read More »USD/CAD slides as Trump’s criticism of Fed Chair Powell weighs on US Dollar
The Canadian Dollar (CAD) ticks higher against the US Dollar (USD) on Thursday, buoyed by broad-based Greenback weakness following fresh criticism of Federal Reserve (Fed) Chair Jerome Powell by the…
Read More »Canadian Dollar continues to ride Greenback weakness to new highs
The Canadian Dollar (CAD) caught yet another bid on Friday, climbing into new eight-month highs as the US Dollar (USD) holds in place and Crude Oil prices surge.
Read More »FX option expiries for 10 June 10am New York cut
There are a couple to take note of on the day, as highlighted in bold. The first ones are for EUR/USD at the 1.1400 and 1.1425 levels. Similar to yesterday,…
Read More »USD/CAD advances to near 1.4000 following a 115% reciprocal reduction in US-China tariffs
USD/CAD continues its upward momentum for the fourth consecutive session, trading around 1.3980 during European hours on Monday. The US Dollar Index (DXY), which tracks the US Dollar (USD) against…
Read More »USD/CAD strengthens above 1.4100 on tariff pause
The USD/CAD pair recovers some lost ground to near 1.4105 during the early Asian session on Thursday. The US Dollar (USD) edges higher against the Canadian Dollar (CAD) due to…
Read More »ForexLive European FX news wrap: Currencies muted awaiting US jobless claims, Trump
Headlines: Heads up: Trump set to address world leaders in Davos later today Weekly update on interest rate expectations ECB’s Escriva: We still have restrictive policy France January business confidence…
Read More »USD/CAD extends the rally above 1.4400, Canadian/US employment data in focus
The USD/CAD pair trades in positive territory for the fourth consecutive day around 1.4400 during the early Asian session on Friday.
Read More »
