USDCAD

USDCAD: Retracement Stalls On Downbeat Canadian Core Retail Sales

The retracement witnessed on Friday on the USDCAD seems to have stalled after downbeat Canadian core retail sales data hit…

Mar 20, 2020, 14:09 GMT

USDCAD Eyes 1.42 On USD Strength

USDCAD makes fresh four-year highs as the demand for US dollars continue across the board. The global sell-off amid the…

Mar 17, 2020, 16:16 GMT

USDCAD Jumps To Four Year Highs As Crude Oil Gives Up Gains

USDCAD returns to positive territory after a weak start as the crude oil price gives up gains that were almost…

Mar 13, 2020, 17:06 GMT

USDCAD Retreat As Crude Oil Price Rebound

USDCAD is under selling pressure today as the crude oil price rebound from yesterday’s heavy losses and as of writing…

Mar 10, 2020, 13:49 GMT

USDCAD Highest in More Than 2 Years as Saudi Arabia’s Oil Price War Weakens CAD

USDCAD opened today’s trading with a 134-pip weekend gap following news of an oil price war. The currency pair opened…

Mar 09, 2020, 07:23 GMT

USDCAD Price Outlook: Falling Crude Prices Could Weaken the CAD

The Canadian Dollar is not having the best of times. The coronavirus outbreak in China has shuttered factories in that…

Mar 06, 2020, 15:55 GMT

USDCAD Strengthens as Bank of Canada (BoC) Cuts Rates by 50bps

The USDCAD is trading higher after the Bank of Canada (BoC) cut interest rates by 50pbs this afternoon, citing weakening…

Mar 04, 2020, 15:25 GMT

BOC Statement Preview: USDCAD Ranges Ahead of Anticipated Rate Cut

Later today, the Bank of Canada (BOC) will announce its interest rate decision. Scheduled at 3:00 pm GMT, the central…

Mar 04, 2020, 08:00 GMT

USDCAD Hits Daily Lows After Emergency Rate Cut by Fed

USDCAD gives up early gains after a surprising interest rate cut by Federal Reserve. The Fed cut the interest rates…

Mar 03, 2020, 15:42 GMT

Week Ahead: NFP Friday, RBA and BOC Rate Decisions, and OPEC Meetings

We saw very few top-tier economic data and central bank events released this past week but the next one is…

Feb 29, 2020, 12:00 GMT

USDCAD Pulls Back Slightly On Upbeat Canadian GDP Data

Upbeat Canadian GDP data released a few minutes ago by Statistics Canada has allowed the Canadian Dollar to gain a…

Feb 28, 2020, 13:49 GMT

USDCAD Hits Five-Month Highs As Crude Oil Slumps

USDCAD trades 0.27% higher at 1.3366, amid the crude oil sell-off and the risk-off mood (reflected by weaker equities) have…

Feb 27, 2020, 14:57 GMT