The US dollar is all over the place during the trading session on Monday.
USD/CAD flat after Trump delays Iran strikes, easing Dollar demand
USD/CAD Price Forecast: Tests 1.3700 support near moving averages
I warned about chasing overbought markets at fresh highs last Friday, and that was the mirror image of the argument from late January when we had the USD at its most oversold in years.
USD/CAD rebounds as weak Canadian Retail Sales and firmer USD weigh on Loonie
The USD rose again on Friday in early trading, as interest rates and safety take center stage for most traders.
USDCAD: Range holds as CAD outperforms – Scotiabank
USD/CAD remains near the top of its range, with 1.3750 as the key breakout level and 1.39 the next upside target if dollar strength continues.
USD/CAD Price Forecast: Softens below 1.3750, 100-day EMA caps its upside
USD/CAD eases toward 1.3700 as BoC holds rates, Fed decision in focus
USD/CAD has pushed back toward a key resistance zone after recovering from recent lows, bringing price once again into a critical decision area. This level has already capped advances for the past two-months, and the current retest comes as markets brace for major central bank updates.
USD/CAD Price Forecast: Consolidates around 1.3700 as focus shifts to Fed-BoC policy