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Canadian Dollar consolidates below 1.4050 vs USD as rebounding oil prices cap upside
USD/CAD is seen consolidating the previous day’s recovery gains amid mixed cues. Recovering oil prices underpins the Loonie and acts…
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Canadian Dollar drifts lower as falling oil prices counter weak USD amid Iran hopes
USD/CAD attracts some buyers, albeit it lacks follow-through amid a combination of diverging forces. A slump in oil prices undermines…
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Canadian Dollar retreats on sliding oil prices as USD recovers on Fed bets, Mideast risks
USD/CAD attracts some buyers amid a goodish USD recovery from the lowest level since June 17. Escalating US-Iran tensions keep…
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Canadian Dollar consolidates as Mideast crisis supports oil and USD ahead of US data
USD./CAD struggles to gain any meaningful traction amid a combination of diverging forces. The USD recovers a part of the…
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Canadian Dollar remains on the front foot as USD bulls turn cautious ahead of Fed decision
USD/CAD remains on the defensive for the second straight day amid a combination of factors. Rebounding oil prices underpin the…
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Canadian Dollar advances as easing risk aversion lifts US Dollar
USD/CAD slips as easing US-Iran geopolitical tensions reduced safe-haven demand and sparked a market risk-on rally. Despite a brief US-Iran…
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Canadian Dollar edges higher vs soft USD; bulls seem hesitant amid mixed cues
USD/CAD meets with a fresh supply amid a softer USD, though the downside seems limited. Retreating oil prices, the divergent…
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Canadian Dollar edges higher amid bullish oil prices; upside potential seems limited
USD/CAD edges lower during the Asian session, though the downside remains limited. Bullish oil prices underpin the Loonie and cap…
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USD/CAD Price Forecast: Intraday positive move stalls ahead of 1.4100 confluence hurdle
USD/CAD builds on the previous day’s solid recovery from an over one-month trough. The fundamental backdrop favors bullish traders and…
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Canadian Dollar edges higher to near 1.4000 as crude oil gains
USD/CAD declines to around 1.4005 in Monday’s Asian session. Iran said it targeted US aircraft in Jordan. Cooling in June’s…
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