Cad
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Loonie Slips Despite Strong Canadian GDP
The Canadian dollar weakened to 1.39 per USD from a three-month high of 1.376 reached on August 21st, as a…
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Canadian Dollar consolidates near weekly low as USD bulls seem hesitant
USD/CAD struggles to capitalize on its weekly gains amid a combination of diverging forces. Geopolitical risks support crude oil prices,…
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Canadian Dollar remains depressed as firmer USD and trade war counter higher oil prices
USD/CAD attracts some buyers for the second straight day, albeit it lacks bullish conviction. Inflation-driven Fed hike bets and geopolitical…
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Chart of the Day: Trump drives the Canadian dollar sell-off
The week has begun with relatively low volatility in the currency market. An exception is the Canadian dollar, which is…
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Canadian Dollar bears seem hesitant as weak USD counters US-Canada trade war
USD/CAD kicks off the new week on a positive note, though it lacks follow-through buying. US-Canada trade war fears and…
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Canadian Dollar gains ground amid rising oil prices
Canadian Dollar receives support amid higher oil prices driven by US-Iran tensions over the Strait of Hormuz. Washington plans maximum…
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Trade of The Day – USD/CAD
Facts: USDCAD is trading in a downward trend since the beginning of July The pair reacted to the key resistance…
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Canadian Dollar strengthens as Trump pauses 50% tariffs and USD slides before FOMC Minutes
USD/CAD attracts some sellers after Trump paused 50% tariffs against Canada for a three-day period Oil prices rise to a…
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CAD holds near early June high as rising oil prices offset modest USD strength
USD/CAD struggles to gain any meaningful traction amid a combination of diverging forces. Monday’s hotter Canadian inflation figures and rising…
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Trade of The Day – USD/CAD
Facts USDCAD pulled back after Canada’s July CPI inflation data. Gasoline prices in Canada rose by 25.7% year over year,…
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