USD/CAD
Canadian Dollar Remains Vulnerable Near 1.40 - Scotiabank USD/CAD Forecast
The US Dollar to Canadian Dollar (USD/CAD) exchange rate has strengthened steadily over the past two weeks and is trading near 1.3900 after climbing from levels below 1.38 at the end of May. Scotiabank notes that a run of disappointing Canadian economic data has contrasted sharply with stronger US releases, helping to widen interest-rate.
USD/CAD Price Forecast: Trades subduedly near 1.3900 ahead of US-Canada employment data
USD/CAD Price Forecast: Trades subduedly near 1.3900 ahead of US-Canada employment data
Canadian Dollar Short-term Outlook: USD/CAD Rally Hits Major Resistance
USD/CAD has extended its recovery from the May lows and is now testing a major resistance zone that could determine the next phase of the advance. The breakout above former resistance has improved the broader technical outlook, but the rally is now confronting a significant technical hurdle at the upper bounds of the May uptrend.
USD/JPY, USD/CAD and USD/CHF Forecasts – US Dollar Noisy Ahead of Tomorrow's NFP
The US dollar has been choppy in the early hours of Thursday, as we are waiting for Non-Farm Payroll numbers on Friday.
USD/CAD Surges on New US Tariff Threats. A Break Above 1.40 Could Change Everything.
Usually, rising oil prices have generally been a source of support for Canadian Dollar. This week, however, that relationship is breaking down.
USD/CAD Price Forecast: Gains ground above 1.3900 as bullish momentum strengthens above 100-day SMA
USD/CAD Price Forecast: Gains ground above 1.3900 as bullish momentum strengthens above 100-day SMA
USD/CAD Forecast: Canadian dollar weakens as tariff fears return
The week continues to move in favor of the US dollar against its main rivals, and this is also reflected in USD/CAD price act.
USD/CAD Forecast: Scotiabank Sees Pair Holding Near 1.3900 as CAD Underperforms
The US Dollar to Canadian Dollar (USD/CAD) exchange rate has strengthened over the past two weeks and is trading around 1.3860 after climbing from lows near 1.3750 in late May. Scotiabank notes that the Canadian Dollar has underperformed its G10 peers recently, although it considers current levels somewhat stretched relative to underlying.
USD/CAD Price Forecast: Stands firm near 1.3850 as bullish USD counters rising Oil prices
USD/CAD Price Forecast: Stands firm near 1.3850 as bullish USD counters rising Oil prices
USD/CAD Forecast: Scotiabank Flags "Textbook Bullish Reversal" for Canadian Dollar
The US Dollar to Canadian Dollar (USD/CAD) exchange rate traded close to 1.3804 at the end of May, leaving the Canadian Dollar around 1.6% weaker over the month after the pair climbed from lows near 1.3550 earlier in May. Scotiabank believes the recent move may be losing momentum.
USD/CAD Price Forecast: Trades below 1.3800 with bullish bias on weak Oil, USD uptick
USD/CAD Price Forecast: Trades below 1.3800 with bullish bias on weak Oil, USD uptick
USD/CAD flashing signs of a trend change
Reports the US and Iran may be close to extending their ceasefire agreement helped knock crude prices and big dollar lower overnight. Softer US data provided fuel for the move, with falling real disposable incomes and a continued drawdown in household savings raising fresh doubts whether consumer spending can continue to hold up at current rates.
