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USDCAD gives up weekly gains; might be due to a pullbackPotential support could next emerge near 1.3400US core PCE inflation index on the agendaUSDCAD erased Tuesday’s bounce as the 20-day...
Canada retail sales climb 2% The Canadian dollar has posted losses on Friday. In the European session, USD/CAD is trading at 1.3446, down 0.28%.Canada’s Retail Sales JumpCanada’s retail...
USDCAD is in the red today, tests the support of the 200-day simple moving averageThe mixed momentum indicators complicate the outlookThe SMAs’ convergence could open the door to a sizeable move...
Canada’s CPI rises in August Federal widely expected to hold rates The Canadian dollar is drifting in Wednesday’s European session. USD/CAD is trading at 1.3432, down 0.11%.Canada’s...
Dollar trades cautiously ahead of Fed decisionYen extends slide despite fresh intervention warningsPound slides after lower-than-expected UK CPI dataWall Street ends in the red as investors turn focus...
The Canadian dollar reversed course to the upside a week and a half ago, and its strength is gaining momentum on the back of both a fresh wave of demand for commodities and robust economic data.USDCAD...
Modest US dollar weakness is emerging as the Fed begins their two-day policy meeting; the euro is back above the 1.07 level, while the loonie is advancing below the 200-day SMA, and as the...
US dollar weakness emerges as inflation expectations fall to lowest levels in over two years; November Fed rate hike odds remain a coin flip Oil rallies for a third straight week on tightness...
USDCAD in an aggressive decline from its 5-month high of 1.3693Bears eye the crucial 200-day SMAMomentum indicators suggest more pain in the short termUSDCAD had staged a massive rebound after...
Bank of Canada expected to hold rates at 5.0% US to release ISM Services PMI USD/CAD is trading quietly in Europe at 1.3651, up 0.06%. I expect to see stronger movement in the North American session,...
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