USD/CAD trades well inside Tuesday’s trading range around 1.3650 ahead of key US labor market data. Investors have sidelined while awaiting clarity on the status…
USD/CAD rises as Fed Powell’s comments at the ECB Forum raise expectations of a rate cut in September. Fed Chair Powell: “As long as the…
During the session on Monday, we have seen the US dollar drop against the Canadian dollar, perhaps in reaction to the Canadians dropping the DST…
USD/CAD faces challenges due to a risk-on mood, driven by the news of the US scaling back its tariff deal goals. Traders would likely gauge…
Canada cancels digital-services tax, boosting Loonie sentiment after Trump’s criticism. USD/CAD trades around 1.3620, rejected from wedge resistance and 21-day EMA near 1.3700. RSI remains…
USD/CAD depreciates as the Canadian Dollar gains ground amid strengthening Oil prices. Canada’s Finance Ministry announced the withdrawal of proposed digital services tax to advance…
The US dollar rallied quite nicely during the session on Wednesday as we continue to see a lot of back and forth against the Canadian…
The Canadian Dollar gains modestly as political pressure on the Fed weighs on the US Dollar. USD/CAD trades near 1.3630, down 0.70% on the day,…
USD/CAD edges higher as markets await further clues from Fed Chair Powell. US New Home Sales data for May at 14:00 GMT is expected to…
USD/CAD trades near 1.3710 as traders digest Canada’s latest inflation report. Canada’s BoC Core Consumer Price Index (CPI) data for May printed in line with…