Canadian Dollar spins in place after US NFP beats the market and Canadian jobs additions slump
The Canadian Dollar (CAD) slumped to a new low for the week against the US Dollar (USD) before surging to a three-day high as markets whipsaw after a bumper US…
Read More »USD/CAD falls to the lowest since August – what’s next
The weather is cooling off in Canada but the currency has heated up. USD/CAD fell to a four-month low today despite some US dollar strength elsewhere. Bank of Canada governor…
Read More »USD/CAD retraces the recent losses as Crude prices drop, moves above 1.3650
USD/CAD recovers the recent losses registered in the previous session.
Read More »USD/CAD hovers above 1.3800, US inflation data awaited
USD/CAD bids higher around 1.3810 during the Asian session on Tuesday, extending gains for the second successive session.
Read More »USD/CAD Technical Outlook: Mixed Technical Signals Could Halt Upside Rally
Bank of Canada Deputy Governor issues hawkish message but CAD slide continues. What do the technicals tell us?
Read More »USD/CAD Price Forecast: Bulls Lack Conviction Above the 1.3700 Handle
USDCAD bulls continue to struggle to push beyond the 1.3700 mark. The Downside remains capped thanks to the Dollar Index which continues to hold the high ground. Where to Next?
Read More »US Dollar Technical Setups: AUD/USD Plummets While USD/CAD Skyrockets
This article provides an exhaustive technical examination of USD/CAD and AUD/USD, analyzing significant price levels that may act as resistance or support in the upcoming trading sessions.
Read More »Forexlive Americas FX news wrap: PCE inflation softens but USD still rips into month-end
US August core PCE +3.9% y/y vs +3.9% expected Canada GDP month-to-month for July 0.0% versus 0.1% estimate US advanced good trade balance for August -84.27B versus $-91.4 billion estimate…
Read More »USD/CAD Price Forecast: USD/CAD Breaks 5-day Range Despite Resumption of WTI Rally
The Loonie struggled today after a period of consolidation as a rampant US Dollar and rising US Yields saw USDCAD make a run for recent highs. The start of the…
Read More »USD/CAD extends its upside below the 1.3500 barrier, all eyes are on FOMC Minutes
The USD/CAD pair extends its upside just below the 1.3500 barrier during the early Asian session on Wednesday. The upbeat July US Retail Sales caused
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