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Trade of The Day – NZD/CAD
Facts:NZDCAD has been trading in a downward trend from the end of OctoberThe pair bounced off the key horizontal resistance…
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USD/CAD treads water above 1.4000 due to cautious Fed policy outlook
USD/CAD moves little as the stronger US Dollar offsets the impact of the improved Oil prices. The US Dollar gains…
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USD/CAD maintains position near 1.4000 as expectations for further Fed rate cuts diminish
USD/CAD remains steady amid decreasing odds of additional Fed rate cuts. Fed Chair Powell said that another rate cut in…
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USD/CAD picks up to 1.3950 amid a firmer US Dollar
The US Dollar bounces up from one-month lows against the CAD and reaches session highs at 1.3950. The Greenback is…
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USD/CAD holds losses below 1.3950 ahead of policy decisions from Fed, BoC
USD/CAD depreciates as the US Dollar struggles due to the increased likelihood of a 25-basis-point rate cut by the Fed.…
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USD/CAD remains below 1.4000 amid dovish tone surrounding Fed decision
USD/CAD struggles as traders expect the Fed to deliver a 25-basis-point rate cut on Wednesday. The commodity-linked Canadian dollar may…
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USD/CAD slips below 1.4000 due to Fed rate cut bets
USD/CAD loses ground as softer US inflation data reinforce the Fed rate cut odds. US Treasury Secretary Scott Bessent said…
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USD/CAD edges lower to near 1.4000 despite weaker Oil prices
USD/CAD faces challenges as the US Dollar weakens due to the government shutdown. President Trump said that tariffs on China…
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USD/CAD remains below 1.3950 after pulling back from four-month highs
USD/CAD retreated after reaching a four-month high of 1.3958 on Friday. The US Dollar struggles as the August inflation report…
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USD/CAD holds gains near 1.3850 amid increased risk aversion
USD/CAD appreciates as market sentiment weakens following fresh Trump tariff threats on Russia. Trump also condemned European nations for purchasing…
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