USD/CAD: Range resistance caps gains – Scotiabank
USD/CAD had a wild ride today much like markets as a whole. Early in the session, the pair reached a fresh high of 1.3755, testing the peak set in January.
The USD/CAD pair had a volatile day driven by geopolitical shifts (Trump/Iran) and a massive drop in crude oil, which offset USD weakness. This analysis breaks down the pair's rotational pattern near 1.3715, explores future drivers like Fed remarks and trade tariffs, and offers a cautiously bullish technical outlook targeting 1.3800.
USD/CAD: Range risks tilt higher – Scotiabank
USD/CAD: BoC opens door to hike on energy – BBH
The Pound to Canadian Dollar exchange rate edged lower on Wednesday as a fresh surge in oil prices supported the commodity-linked ‘Loonie'. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.82613 (-0.15%)Euro to Canadian Dollar (EUR/CAD): 1.57658 (-0.21%)Dollar to Canadian Dollar (USD/CAD): 1.37 (+0.06%) DAILY.
USD/CAD: BoC caution keeps range intact – MUFG
USD/CAD: Rangebound trade persists with BoC on hold – Danske Bank
USD/CAD: Range holds as fair value diverges – Scotiabank
The Pound to Canadian Dollar exchange rate traded in a volatile range last week as sharp swings in global oil prices drove movement in the commodity-linked ‘Loonie'. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.81422Euro to Canadian Dollar (EUR/CAD): 1.56619Dollar to Canadian Dollar (USD/CAD): 1.37183 DAILY.
USD/CAD: BOC cushioned by stable inflation – BBH
USD/CAD: Oil support but gains capped – Commerzbank