USD/CAD experiences slight declines, hovering near 1.3730 during the early European session on Thursday. The pair exhibits a slightly positive outlook in the short term as RSI momentum remains above the midpoint. The upside barrier is identified at 1.3750, while the initial support level to monitor stands at 1.3680. The USD/CAD pair is currently trading … Read more
The USD/CAD pair experiences a decline, approaching 1.3710 during the early hours of the Asian session on Monday. Increased geopolitical tensions in the Middle East may enhance the appeal of the US Dollar, recognized as a safe-haven currency. In February, the Canadian economy experienced an unanticipated decline, shedding 84,000 jobs. The USD/CAD pair is currently … Read more
In the early European session on Thursday, USD/CAD has softened to approximately 1.3600. Oil prices increase due to the closure of the Strait of Hormuz, providing support for the commodity-linked Loonie. Market participants are closely monitoring the upcoming release of the US PCE inflation data for January, scheduled for Friday. The USD/CAD pair is currently … Read more
USD/CAD eases to approximately 1.3630 in the early Asian session on Thursday. An increase in crude oil prices boosts the commodity-linked Canadian Dollar. The US service sector demonstrated growth in February 2026. The USD/CAD pair declines to approximately 1.3630 in the early Asian session on Thursday. The Canadian Dollar strengthens against the Greenback as oil … Read more
USD/CAD shows minor decreases, hovering around 1.3675 in the Asian session on Friday. The ambiguity related to US trade policy leads to a decrease in the value of the US Dollar. Later on Friday, attention will shift to the Canadian Q4 GDP and the US January PPI data. The currency pair is experiencing slight declines, … Read more
USD/CAD experiences a downward movement, approaching 1.3670 during the early European session on Thursday. The US Trade Representative indicated that tariffs may increase to 15% or more for certain nations. Market participants are poised for the forthcoming Canadian GDP and US PPI reports scheduled for release on Friday, seeking new momentum. The Canadian Dollar maintains … Read more
The USD/CAD pair exhibits resilience, approaching 1.3715 in the early hours of trading on Tuesday in the Asian market. The US Dollar edges higher against the Canadian Dollar despite the prevailing uncertainty surrounding American trade policy. Later on Friday, the Canadian Gross Domestic Product and the US January Producer Price Index reports will serve as … Read more
The USD/CAD pair experiences a decline, approaching 1.3665 in the Asian trading session on Monday, influenced by decreasing crude oil prices and uncertainty surrounding US tariffs. Market participants are closely monitoring the upcoming release of the US Producer Price Index report for January, scheduled for later on Friday. The US Supreme Court invalidated President Donald … Read more
USD/CAD experiences a slight decline, trading near 1.3695 during the early European session on Friday. The increase in crude oil prices, driven by tensions between the US and Iran, bolsters the commodity-linked Canadian Dollar. Market participants are closely monitoring crucial US inflation metrics to evaluate the trajectory of the Federal Reserve’s monetary policy in the … Read more
USD/CAD shows resilience, approaching 1.3645 during the Asian session on Wednesday. In January, Canada’s annual inflation rate decreased to 2.3%, coming in below expectations. Market participants prepare for the release of the FOMC Minutes later on Wednesday. The USD/CAD pair is showing an upward movement, reaching approximately 1.3645 in the Asian trading session on Wednesday. … Read more