USDCAD has gained bullish momentum, breaking above key resistance but now faces a cluster of major moving average resistance around 1.3790-1.3803. A sustained break above this zone could trigger a br…
The Canadian dollar gained 0.5% against the US dollar amid a mixed jobs report and Bank of Canada’s reluctance to cut interest rates, supported by a rebound in equities and rising oil prices.
The Canadian dollar surged to a 16-month high against the US dollar, boosted by the Bank of Canada’s positive GDP forecasts and broad US dollar weakness amid political and policy uncertainties in the…
The Canadian dollar rose to a two-week high against the US dollar amid U.S. policy uncertainty, solid Canadian fundamentals, and expected stable Bank of Canada rates. Falling oil prices and lower bon…
USDCAD edged higher supported by rising oil prices amid geopolitical tensions and easing Canadian bond yields. Investors await domestic housing data, with limited near-term risk perceived ahead of th…
The Canadian dollar strengthened against the US dollar amid steady inflation and a Bank of Canada rate pause, while softer US economic data reduced USD support.
The Canadian dollar strengthened after the Bank of Canada paused rate hikes at 2.25%, while the U.S. dollar weakened following Fed easing, boosting USDCAD. Oil prices rose slightly, and Canadian bond…
The Canadian dollar eased from two-month highs after the Bank of Canada held rates at 2.25%, citing strong GDP and labor but noted risks from weaker Q4 growth and lower oil prices, reducing near-term…
The Canadian dollar gained slightly against the US dollar amid rising Canadian 10-year bond yields and higher US benchmark debt yields, with crude oil futures edging up, signaling moderate support fo…
Stronger-than-expected Canadian jobs data boosts the loonie to its highest since September, increasing bets on Bank of Canada rate hikes next year and pushing bond yields higher.
The Canadian dollar reached its strongest level since late October supported by rising oil prices, stronger GDP data, and stable Bank of Canada policy expectations ahead of November jobs data.
Canada's services sector contracted sharply in November, with declining demand, falling new business and staffing cuts, pressuring profitability. USDCAD tested support levels but overall economic wea…
USDCAD showed volatile trading, testing key resistance near 1.41049. A break above could drive prices toward the November high, while a drop below support levels would trigger bearish focus near the …
USDCAD rises as a strong US dollar and expectations of prolonged Fed rate hikes outweigh Bank of Canada’s hawkish signals amid weak Canadian GDP and labour data.
The Canadian dollar strengthened past 1.40 against the USD as inflation overshot forecasts and the Bank of Canada is less likely to ease, aided by higher oil prices and improved exports.
USDCAD tests the 200-day moving average near 1.3964, a critical resistance point; a sustained break could trigger further upside momentum toward key retracement levels.