CAD
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USD/CAD: Remains below 1.4000 confluence hurdle ahead of US PPI, Fed’s Powell
USD/CAD meets with a fresh supply on Thursday amid a modest USD downtick. Sliding Oil prices seem to undermine the…
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USD/CAD eyes breakout as price tests 50-day EMA, momentum builds above 1.3950
USD/CAD trades near 1.3975, approaching the 50-day EMA at 1.4030. Daily RSI holds above 52, price structure points to potential…
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USD/CAD stays below 1.3950 due to potential widening of US-Canada yield spread
USD/CAD weakened as April’s Consumer Price Index data missed expectations, triggering a shift in market sentiment. Headline US CPI increased…
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USD/CAD steadies above 1.3950 due to trade optimism, expects a rise in US inflation
USD/CAD remains steady ahead of the closely watched US Consumer Price Index release for April, scheduled for Tuesday. Headline CPI…
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EUR/CAD – Euro steadies near 1.5600 as bearish pressure builds
EUR/CAD trades around the 1.5600 zone after a modest decline in Monday’s session. Short-term indicators confirm bearish sentiment, while longer-term…
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USD/CAD advances to near 1.4000 following a 115% reciprocal reduction in US-China tariffs
USD/CAD climbs amid renewed trade optimism following encouraging progress in US-China trade talks. A joint statement confirmed the US will…
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USD/CAD steadies near 1.3950 as US Dollar receives support from trade optimism
USD/CAD may appreciate due to optimism over progress in US-China trade talks held over the weekend in Switzerland. US Treasury…
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Canadian Dollar flat-lines on Friday as markets look elsewhere
The Canadian Dollar threaded water to wrap up the trading week. Canadian labour and wage data barely moved the needle…
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USD/CAD ticks higher to near 1.3920 as Canadian unemployment accelerates
USD/CAD rises to near 1.3920 after the release of the Canadian labor market data. The Canadian jobless rate accelerated at…
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USD/CAD climbs to multi-week top, closer to mid-1.3900s amid sustained USD buying
USD/CAD scales higher for the third straight day on Friday amid a broadly stronger USD. The Fed’s hawkish pause and…
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