US CPI misses estimates, Fed outlook to define short-term USD/CAD trajectory. USD/CAD tests key inflection zone below psychological resistance. The Loonie pair monitors economic outlook…
The US dollar initially gapped lower but then turned right back around to show massive strength. Ultimately, this is a market that I think continues…
USD/CAD remains steady ahead of the closely watched US Consumer Price Index release for April, scheduled for Tuesday. Headline CPI is expected to rise to…
USD/CAD gains momentum to around 1.3975 in Tuesday’s early Asian session. Easing trade tensions between the US and China lifts the US Dollar. Higher crude…
USD/CAD climbs amid renewed trade optimism following encouraging progress in US-China trade talks. A joint statement confirmed the US will suspend 24 percentage points of…
USD/CAD may appreciate due to optimism over progress in US-China trade talks held over the weekend in Switzerland. US Treasury Secretary Bessent characterized the discussions…
USD/CAD rises to near 1.3920 after the release of the Canadian labor market data. The Canadian jobless rate accelerated at a faster-than-expected pace to 6.9%.…
Potential signal: If the market closes above the 1.39 level at the close on Thursday, I am long with a stop loss at 1.38 below.…
USD/CAD scales higher for the third straight day on Friday amid a broadly stronger USD. The Fed’s hawkish pause and easing US recession fears continue…
During the early hours on Wednesday, we have seen the US dollar go back and forth overall, as the market is likely to continue to…