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USD/CAD
USD / CAD – Canadian Dollar Struggling – Baystreet.ca
The Canadian Dollar is facing challenges against the US Dollar. The struggle of the CAD is evident in the current market conditions. Investors are closely monitoring the exchange…
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USD/CAD trades stronger above 1.3700 on the modest rebound of US Dollar
The USD/CAD pair is trading near 1.3710 in early Asian session on Thursday, marking a slight uptick after a four-day decline. The US Dollar is seeing a modest recovery, but…
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Stuck in tight range above 1.3700
The USD/CAD pair is currently trading above 1.3700 amidst uncertainties surrounding the timing of potential Fed rate cuts. US consumers have been cutting back on discretionary…
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USD/CAD Forecast: Loonie Gains on Upbeat Oil Demand
The Energy Information Administration (EIA) has updated its demand growth forecasts, projecting a more positive outlook. This was supported by a larger-than-expected drop in US…
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USD / CAD – Canadian Dollar Rally Stalls
The USD/CAD Canadian Dollar is on the rise, with a focus on US inflation numbers and upcoming jobs data. The recent US April inflation data showed a slight increase, but analysts…
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USD/CAD Forecast: Dollar Struggles Following Downbeat US CPI
The Canadian dollar reached a 5-week high following the release of the US consumer inflation report. In contrast, the US retail sales report showed a significant drop from 0.7% to…
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EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Retreats After Inflation Report
The U.S. Dollar Index is facing strong pressure from traders in response to recent U.S. inflation data. The inflation rate dropped from 3.5% in March to 3.4% in April, meeting…
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EUR/USD – USD/JPY – USD/CAD Technical Analysis Overview ahead of US CPI and Retail Sales
The following are key talking points in the financial markets:
US Consumer Price Index (CPI):
The core CPI, excluding energy and food products, rose to 3.8% in March, driven by…
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Ichimoku cloud analysis: GBP/USD, USD/CAD, AUD/USD
The GBP/USD pair, also known as the Great Britain Pound versus the US Dollar, is currently undergoing a correction after breaking out of a descending corrective channel. The pair…
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Stuck in tight range below 1.3700
The USD/CAD pair is currently trading below the key resistance level of 1.3700 as investors await important US economic data. The upcoming release of the Producer Price Index (PPI)…
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