CAD
-
Canadian Dollar backslides once again, remains range-bound
The Canadian Dollar stuck to familiar territory on Friday. The Loonie is trapped in a hard congestion zone against the…
Read More » -
USD/CAD Extends the range play below 200-day SMA, 1.4000 mark
USD/CAD trades with a negative bias in the weekly range amid a softer USD, rising Oil prices. The mixed technical…
Read More » -
USD/CAD rebounds toward 1.4000 as crude Oil weakness weighs on Canadian Dollar
USD/CAD trims its intraday losses as the Canadian Dollar weakens amid falling crude Oil prices. WTI continued its downward trend,…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More »