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Canadian Dollar weakens despite higher oil prices
USD/CAD rises as the US Dollar holds gains amid renewed geopolitical tensions in the Strait of Hormuz. The Greenback’s upside…
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Canadian Dollar weakens despite higher oil prices
USD/CAD may decline as the commodity-linked Canadian Dollar may receive support from higher oil prices. OPEC+ approved an 188,000-barrel-per-day output…
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CAD languishes near YTD low as USD bulls keenly await US NFP report
USD/CAD remains close to a 14-month high amid a combination of supporting factors. Oil prices hit a four-month low amid…
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Canadian Dollar weakens as geopolitical uncertainty lifts US Dollar
USD/CAD rises as safe-haven demand boosted the US Dollar amid uncertainty surrounding the US-Iran peace talks in Doha. US envoys…
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USD/CAD Price – Holds gains above 1.4200, bullish trend intact despite overbought signals
USD/CAD gains momentum to near 1.4235 in Tuesday’s early European session. The pair keep the bullish vibe, but further consolidation…
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USD/CAD Price – Holds losses below 1.4200 within overbought zone
USD/CAD may rebound toward the initial barrier at the 14-month high of 1.4248. The 14-day Relative Strength Index of 75.3…
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Euro steadies against Canadian Dollar after paring recent losses
EUR/CAD recovers its daily losses on ECB rate hike bets. ECB policymaker Isabel Schnabel stated that monetary tightening is not…
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Canadian Dollar strengthens as US Dollar decline despite hawkish Fed outlook
USD/CAD loses ground as the US Dollar weakens despite rising expectations of later Fed rate hikes. CME FedWatch tool indicates…
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Canadian Dollar strengthens despite hawkish Fed expectations
USD/CAD softesn to near 1.4205 in Wednesday’s Asian session. Iran’s Pezeshkian said no negotiation on ballistic missiles. Traders raise their…
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Euro strengthens against Canadian Dollar as oil prices decline
EUR/CAD rises as the commodity-linked Canadian Dollar weakens following a drop in crude prices triggered by successful US-Iran talks. Qatar…
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