📰 USDCAD Stable Amid Japan Tariff Tensions and Fed Chair Speculation Impacting Yen and Dollar

📅 Jul 17, 2025, 01:20 EDT | 🔗 Source: Reuters

🧠 Summary

Japan faces political uncertainty and tariff tensions with the U.S., weakening the yen. Dollar shows resilience amid Fed Chair Powell rumors. No direct impact noted on USDCAD amid global currency volatility and trade concerns.

💡 Why this signal?

  • The pair's inability to sustain a breakout above the 1.3749–1.3759 resistance suggests weakening bullish momentum.
  • Retesting the 200-hour moving average support near 1.3699 is critical; a break below could push USDCAD lower toward weekly lows.
  • Buyers must reclaim the 100-hour moving average to shift bias back to positive, but current price action favors bears in the near term.

📈 USDCAD Price Trend

⏱️ Impact Timing
as soon as the news is out
👥 Competitor Impact

No competitors impacted.

🔒 Log in to view AI-generated advisor insights for USDCAD. Login