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USD/CAD
USD/CAD Weekly Forecast: Slowing US Economy Dents Dollar
Several economic reports from the US indicated a slowdown in the economy, with business activity falling in April due to the impact of higher interest rates. Investors are closely…
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USD / CAD – Canadian Dollar rising – Baystreet.ca
The Canadian Dollar is on the rise against the US Dollar, according to Baystreet.ca. This increase in the value of the Canadian Dollar is a positive sign for the Canadian economy.…
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Consolidates around 1.3650 ahead of Fed’s preferred inflation gauge
The USD/CAD pair is currently trading sideways near 1.3650 as investors await the release of the US core PCE Inflation data, which will impact Fed rate cut expectations. The US…
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USD/CAD extends its downside below 1.3670, investors await US PCE data
The USD/CAD pair is trading around 1.3655 on Friday, with the US Dollar weakening. The US GDP grew by 1.6% in Q1 2024, down from 3.4% in Q4 2023. Weak Canadian Retail Sales data…
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USD/CAD moves below 1.3700 due to risk-on mood, US GDP awaited
The USD/CAD pair is experiencing a decline as improving risk appetite weakens the US Dollar. The US Dollar Index is down by 0.23% to near 105.60, as US Treasury yields have also…
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USD/CAD rebounds above 1.3700, investors await US GDP data
The USD/CAD pair is holding steady near 1.3705 on Thursday. US Durable Goods Orders saw a significant increase of 2.6% in March, surpassing the previous reading of 0.7%. However,…
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USD/CAD Analysis Today – 24/04: Sentiment Re-Test (Chart)
The USD/CAD is currently trading near levels it reached two weeks ago, with investors awaiting major U.S. data to be released on Thursday and Friday. The currency pair is hovering…
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Ichimoku cloud analysis: GBP/USD, Brent, USD/CAD
The GBP/USD pair, which stands for Great Britain Pound versus US Dollar, is currently testing the Kijun-Sen line. It is moving below the Ichimoku Cloud, indicating a bearish trend.…
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Remains subdued near 1.3700 as US Dollar slips
The USD/CAD pair is struggling to hold onto the 1.3700 support level as the US Dollar weakens. Investors are focusing on the US core PCE Price Index data, causing US bond yields to…
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Extends losing spell for fourth trading session
The USD/CAD pair continues to decline, reaching 1.3720 as the Canadian Dollar remains strong despite weak Oil prices. The Canadian Dollar's resilience is notable, even as Oil…
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