USDCAD

Standard Chartered Calls 1.2000 Target on USD/CAD: How Feasible?

The USD/CAD comes under the radar today for some reasons. Firstly, the bank of Canada is scheduled to make its…

Mar 08, 2021, 15:57 GMT

USDCAD Trades Lower As OPEC + Close to Sealing Rollover of Production Curbs

The USDCAD is trading lower on the day after Reuters reported that the OPEC + alliance had decided to roll…

Mar 04, 2021, 17:49 GMT

USD/CAD – Two Patterns Signal More Upside Potential

The USD/CAD pair is one of the hardest-hit pairs this 2021. The move higher in the crude oil price triggered…

Mar 03, 2021, 09:34 GMT

USD/CAD Bounces from 3-Year Lows As Targets Below 1.2500 Remain Viable

Earlier today, the Loonie strengthened against the greenback as Canada's 10-year bond yield surged to 13-month highs at 1.481%. This…

Feb 25, 2021, 17:13 GMT

The USD/CAD Can Still Fall to 1.26000 Despite Decline in Retail Sales

The Canadian Dollar has preserved its strength on the day despite the fall in Canadian retail sales for December 2020. …

Feb 19, 2021, 14:36 GMT

The USD/CAD May Drop Further As the Canadian GDP Figure Beats Estimates

The USDCAD is currently trading lower after the Loonie gained on the greenback during the New York session. The Canadian…

Jan 29, 2021, 16:13 GMT

USDCAD Falling Wedge Ahead of the Bank of Canada Decision

The USDCAD pair is one of the dollar pairs that corrected the most since the last March dollar strength. From…

Jan 20, 2021, 11:59 GMT

USDCAD Plunges As Markets Price in Expanded Stimulus from Incoming US President

The USD/CAD has slumped to fresh weekly lows near 1.2650 after the greenback came under renewed selling pressure in the New…

Jan 14, 2021, 16:53 GMT

USDCAD Outlook: Greenback Overpowers the Loonie in the Battle of Employment Data

The USDCAD is climbing this Friday following the joint release of the US and Canadian employment data. Despite rising crude…

Jan 08, 2021, 15:43 GMT

NFP Preview: USDCAD Presents Contrarian Trade Opportunity

It is the first Friday of the new month, and this brings the first Non-Farm Payrolls for the year and…

Jan 07, 2021, 17:01 GMT

USDCAD: Downside Pressure Persists as Loonie Trumps Greenback Again

The USDCAD resumed the bearish trend move after yesterday’s mild recovery, as a dovish Fed and an upbeat private-sector employment…

Dec 17, 2020, 16:54 GMT

USD/CAD Pushes Hard On 1.2800 Amid Rising Crude Oil Prices & BoC Optimism

The USD/CAD is pushing hard to take out the 1.2800 price level for the day on rising crude oil prices…

Dec 10, 2020, 13:00 GMT