
Dollar Edges Higher; Inflation Concerns to the Fore
By Peter Nurse Investing.com - The U.S. dollar edged higher in early European trade Wednesday, helped by higher Treasury yields as the focus turned once more towards soaring global...
By Peter Nurse Investing.com - The U.S. dollar edged higher in early European trade Wednesday, helped by higher Treasury yields as the focus turned once more towards soaring global...
The expectation that the Bank of Canada (BoC) will hike its key rate by a further 50bp has largely been priced in by the market. Economists at Commerz
The USD/CAD pair attracted some buying during the Asian session on Wednesday and for now, seems to have snapped a four-day losing streak to its lowest
The USD/CAD pair is displaying a downside move in the Asian session, following the bearish sentiment on a broader note. The asset has recorded a five-
The USD/CAD broke below 1.2650 and fell to 1.2628, reaching a fresh monthly low. The pair resumed the downside despite the Canadian GDP reading coming
Last storm ahead of the summer – that seems to be the case for USD/CAD as it faces an imminent 50 bps rate hike by the Bank of Canada. While raising t
USDCAD cracks back below its 200 day moving average The USDCAD moved below the 100 and 200 day MAs in the holiday like trading on Monday. The 100 day MA currently comes in at 1.26949. The...
The CAD has backed off the 1.2660 area that provided support for the USD on Monday. Analysts at Scotiabank highlight the key levels to watch regarding
The Canadian dollar, which had been holding up relatively well versus a strengthening US dollar, has been on the back foot in recent trade in wake of
The USD/CAD pair attracted some buying near the very important 200-day SMA on Tuesday and reversed a part of the overnight slide to its lowest level s
At1.2676, USD/CAD is higher by 0.17% and has travelled from a low of 1.2652 to score a corrective high of 1.2681, reversing some of the greenback's we
The USD/CAD continued to decline during the American session and printed a fresh one-month low at 1.2649. It is hovering near the lows, holding onto d
The USD/CAD pair witnessed heavy selling for the third successive day on Monday and continued losing ground through the mid-European session. The down
The USD/CAD pair prolonged its recent downward trajectory witnessed over the past two and half weeks and dropped to a fresh monthly low during the Asi
The USD/CAD pair is oscillating in a narrow range of 1.2718-1.2728 in the early Asian session. The loonie bulls remained favored last week after the a
The two-week old general reversal in the US dollar brought the USD/CAD to 1.2726 on Friday, its lowest close since April 22. Fading US Treasury yields
USDCAD trades below its 50% midpoint The USDCAD moved lower in the early Asian session and in the process broke below its 50% midpoint of the move up from the April 21 low. That level comes...
The USD/CAD pair maintained its offered tone below mid-1.2700s, or over a three-week low through the early North American session and moved little pos
The USD/CAD pair weakened further below mid-1.2700s through the first half of the European session and dropped to a fresh three-month low in the last
The USD/CAD pair is displaying back and forth moves in a narrow range of 1.2768-1.2784 and is eyeing to decline towards the monthly lows at 1.2714. Th
Next week, the Bank of Canada (BoC) will have its monetary policy meeting. Market consensus is for another 50 basis points rate hike to 1.50%. Accordi
USDCAD breaks away from MAs and short-term floor The USDCAD has broken below its 100 hour moving average (blue line in the chart above) at 1.28133, and also a shorter-term swing low that...
USD/CAD is little changed on the session. Looking ahead, economists at Scotiabank expect the pair to tick down towards the low 1.27s. More range tradi
The USD/CAD pair witnessed good two-way price moves on Thursday and finally settled nearly unchanged for the day, just above the 1.2800 round-figure m
USD/CAD renews intraday top around 1.2850, paring weekly losses, as the US dollar renews upside momentum heading into Thursday’s European session. The
The USD/CAD pair has witnessed a steep fall after failing to cross 1.2820 in the Asian session. The pair is eyeing a slippage below 1.2800 as the US d
The USD/CAD pares earlier gains and gains traction to the downside on Wednesday after the Federal Reserve’s Open Market Committee minutes showed that
USDCAD moves below the 100 hour moving average at 1.28109 The USDCAD has moved below the 100 hour MA at 1.28109. That moving average had a stalled the fall on a number of dips throughout...
USD/CAD retains a soft technical undertone. Economists at Scotiabank target low 1.27s. USD gains through the low 1.28s are liable to draw out firm sel
The USD/CAD pair built on the previous day's modest bounce from over a two-week low, around the 1.2760 area and gained traction for the second success
Following the overnight pullback from a multi-day peak, the USD/CAD pair attracted fresh buying on Wednesday and maintained its bid tone through the f
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