USDCAD

  • Forex

USD/CAD: Why is Canadian dollar soaring amid crude oil plunge?

The USD/CAD pair declined sharply as traders ignored the slumping crude oil prices and focused the weaker dollar.

Apr 28, 2020, 12:23 BST

USDCAD Retreat On U.S. Dismal Economic Data

USDCAD retreat as the employment data out from the U.S. shows the coronavirus crisis impact. The numbers indicate a contraction…

Apr 23, 2020, 15:34 BST

USDCAD retreats as oil prices stabilise and Canadian CPI disappoint

The USDCAD pair dropped today as investors reacted to the price action in the oil market. The pair slipped from…

Apr 22, 2020, 14:29 BST

USDCAD Spikes As Trudeau Fights Two Battles At The Same Time

The USDCAD pair rose by more than 70 basis points as a dark cloud loomed over the Canadian economy. Justin…

Apr 21, 2020, 11:47 BST

USDCAD Likely to Resume Uptrend As Crude Oil Prices Drop

The USDCAD looks set to resume the uptrending move of the last 4 months as the Canadian Dollar is taking…

Apr 20, 2020, 13:28 BST

USDCAD Turns Lower After Another Disastrous Jobless Claims Report

USDCAD gives up gains after worse than expected initial jobless claims. The U.S. Jobless Claims came in at 5245K above…

Apr 16, 2020, 14:42 BST

USDCAD Trades Higher As Bank of Canada (BoC) Holds Rates

The USDCAD extended its surge on Wednesday after the Bank of Canada (BoC) held rates at 0.25% as expected, following…

Apr 15, 2020, 15:49 BST

USDCAD: Canadian Dollar Falls As Oil Prices Slide; BOC Decision Eyed

The Canadian dollar slumped against the US dollar ahead of the Bank of Canada interest rates decision later today. The…

Apr 15, 2020, 10:22 BST

USDCAD Pare Early Losses As Crude Oil Price Slumps

USDCAD pares early losses as the crude oil price slumps to $21.39. The United States Redbook Index dipped to -8.3%…

Apr 14, 2020, 14:54 BST

USDCAD Looks Bullish After Canada Reports Record Number in Job Losses

The technical setup on USDCAD suggests that the currency pair may soon revisit its multi-year highs after labor data from…

Apr 10, 2020, 14:00 BST
  • Forex

USDCAD Slumps After New Jobless Claims Record

USDCAD fluctuates between the 50 and 100-hour moving averages after historic terrible employment data from USA and Canada. The United…

Apr 09, 2020, 14:40 BST

USDCAD Pares Gains On Crude Oil Strength

USDCAD trades 0.31% higher at 1.4035 after the Canadian Building Permits declined by 7.3% in February, below the forecasts of…

Apr 08, 2020, 14:46 BST