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USDCAD is oscillating within a defined trading range, testing key support near mid-September lows and resistance around 1.3970, reflecting balanced buying and selling pressure amid a sideways market.
The Canadian dollar remained steady against the U.S. dollar amid lackluster domestic data and cautious investor sentiment ahead of Q3 GDP figures, despite rising oil prices and easing bond yields sup…
USDCAD rebounded after hitting strong support near 1.3970 and is pushing above key resistance around 1.4000. Lower oil prices, weighing on the Canadian dollar, support this short-term upside momentum…
The Canadian dollar weakened against the U.S. dollar amid falling oil prices, trade deal uncertainties, and expectations of further Bank of Canada rate cuts, pressuring the loonie near six-month lows.