USD/CAD trades with caution near 1.3650 as the US/Canada labor market data for May takes centre stage. The US economy is expected to have added…
Canadian Dollar boosted by Greenback’s weakness as US jobless claims jump to 247K Canada’s Ivey PMI contracts for second month, but trade deficit widens sharply…
The US Dollar drops across the board as the specter of a US recession returns. Weak US data is feeding hopes of a Fed rate…
USD/CAD struggles to register any meaningful recovery amid a combination of factors. An uptick in Oil prices underpins the Loonie and overshadows modest USD strength.…
USD/CAD weakens to around 1.3675 in Thursday’s early Asian session. US ISM Services PMI unexpectedly contracted last month for the first time in nearly a…
USD/CAD trades below 1.3700 after the Bank of Canada leaves rates unchanged at 2.75%. The Canadian Dollar is supported by the BoC’s cautious stance and…
USD/CAD continues its descent after slipping below the 200-DMA, now hovering near a long-term trend line. While momentum indicators show some signs of stabilization, the…
USD/CAD lacks any firm intraday direction as traders keenly await the BoC policy update. Fed rate cut bets and US fiscal concerns cap the overnight…
USD/CAD softens to near 1.3715 in Wednesday’s early Asian session. Persistent tariff tensions weigh on the US Dollar. The BoC is expected to hold rates…
USD/CAD dips toward 1.3700 despite stronger US JOLTS data as traders turn cautious ahead of Wednesday’s BoC decision. Technical setup favors bears with USD/CAD stuck…