USD/CAD declines as the US Dollar weakens amid growing concerns over the potential economic fallout from US-imposed tariffs. The Greenback remains under pressure, with the…
Created on April 18, 2025 In the early hours of Thursday, we have seen the US dollar recover a bit against the Canadian dollar, which…
USD/CAD gains support following hawkish remarks from Federal Reserve Chair Jerome Powell. CME FedWatch Tool suggested that traders are now anticipating the first rate cut…
USD/CAD falls back and turns flat as the recovery move in the US Dollar has shortened. US Trump has expressed confidence that trade talks with…
Created on April 17, 2025 During the trading session on Wednesday, we have seen the US dollar dropped to the 1.39 region against the Canadian…
USD/CAD gains momentum to around 1.3885 in Thursday’s early European session. Fed’s Powell signaled that central bank is in no hurry to move interest rates lower.…
USD/CAD gathers strength around 1.3880 in Thursday’s Asian session. Fed’s Powell said US growth appears to be slowing. The BoC has paused its streak…
USD/CAD declines further below 1.3900 as the BoC keeps interest rates at 2.75%, as expected. BoC Macklem warned that Trump’s tariff policies could impact on…
USD/CAD slumps to near 1.3900 due to a significant weakness in the US Dollar. Market participants start doubting the USD’s credibility due to Trump’s abrupt…
USD/CAD continues to trend lower after February’s rejection at 1.48, breaking below the 200-DMA and slipping back into a multiyear range. While a short-term bounce…