Stabilizes above 20-day EMA after US-Canada CPI data
USD/CAD trades calmly near 1.3720 as the US Dollar demonstrated strength, following US CPI data for June.The US…
USD/CAD softens to near 1.3900 on caution over US economy
USD/CAD weakens to around 1.3910 in Wednesday’s early Asian session. The US Dollar declines as caution reigns over the…
Trade war with US threatens Canadian economy and poses risks to financial stability
In its annual Financial Stability Report, the Bank of Canada (BoC) said the trade war with the United…
Canadian Dollar rebounds, bolstered by rise in Crude Oil prices
The Canadian Dollar climbed 0.65% on Monday, supported by barrel bids. A general weakening in the US Dollar…
USDCAD Technical Analysis – We are trading at a key resistance
Fundamental Overview The USD has been relatively stronger against most major currencies since Friday as the markets went…
USD/CAD holds below 1.4400 on rising oil prices, US PPI data looms
USD/CAD trades in negative territory near 1.4380 in Tuesday’s early European session. A rise in crude oil prices…