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
USD/CAD saw a modest uptick during Monday’s session, with the pair testing a significant bottom near the 1.35 level. USD/CAD continues to trade within a well-defined range, and price action suggests that the market is attempting to stabilize at the lower boundary of that structure. The rebound from 1.35 is technically important for USD/CAD, as … Read more
The currency pair is experiencing slight upward movement, currently positioned around 1.3615 during the Asian session on Friday. The strong US jobs report tempers expectations for further Fed rate reductions. Fed’s Miran suggested that US monetary policy is tighter than he expected. The currency pair shows a modest increase, currently at 1.3615 during the Asian … Read more
The USD/CAD pair moves upward, approaching the 1.3580 level during the Asian session on Thursday. In January, the US Non-Farm Payrolls increased significantly, marking the largest rise in over a year, while the Unemployment Rate saw an unexpected decline. Market participants prepare for the upcoming US January CPI inflation data, set to be released on … Read more
In the early Asian session on Wednesday, the USD/CAD pair has shown a decline, trading at approximately 1.3550. The Canadian Dollar is supported by an increase in crude oil prices and changing expectations regarding the Bank of Canada’s monetary policy. The postponed US employment figures for January will be the focal point later on Wednesday. … Read more
The USD/CAD pair exhibits slight upward movement, trading near 1.3660 in the early European session on Monday. Market participants assess the varied Canadian employment figures for January. The key labor market data from the US is set to be the focal point later on Wednesday. On Friday, Federal Reserve Vice Chair Philip Jefferson remarked that … Read more
