ForexNewsPlus Updates

USD/CAD Rises as Oil and Conflict Drive Markets

The USD/CAD pair moves upward, approaching the 1.3750 level during the Asian session on Tuesday. Iran’s Foreign Minister stated that there is currently “no dialogue” between Tehran and Washington. Increased crude oil prices may bolster the commodity-linked Canadian dollar. The USD/CAD pair shows resilience, climbing to approximately 1.3750 in the Asian trading session on Tuesday. … Read more

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USD/CAD Steady as Oil Surge Supports Loonie

USD/CAD remains steady at approximately 1.3725 during the early Asian session on Monday. Trump is considering military options regarding Iran’s Kharg Island. An increase in crude oil prices may bolster the commodity-linked Loonie. The USD/CAD pair is currently trading in a stable manner around 1.3725 as the early Asian trading session unfolds on Monday. Market … Read more

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USD/CAD Steady as Oil Backs Loonie

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

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USD/CAD Falls Near 1.3710 Amid Middle East Tensions

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

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USD/CAD Slips as Oil Prices Surge

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

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USD/CAD Falls Near 1.3630 as Oil Climbs

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

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USD/CAD Edges Lower as Trade Uncertainty Weighs on Dollar

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

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USD/CAD Slips Near 1.3670 as Tariff Uncertainty Weighs on Dollar

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

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USD/CAD Steady at 1.3715 Amid Tariff Uncertainty

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

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USD/CAD Slips Toward 1.3665 Amid Tariff Uncertainty

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