USD/CAD spikes to session tops, around mid-1.4100s in reaction to BoC’s surprise rate cut
Forex News

Greenback on the back foot vs. CAD, trades below 1.4100 figure

USD/CAD starts the week by retreating slightly below the 1.4100 figure. The level to beat for sellers is the 1.3985 support.    USD/CAD daily chart   USD/CAD is evolving above its main SMAs on the daily chart ...

USD/CAD ??????????????? ?????? 1.3250
Forex News

Worst is not over yet for CAD – MUFG

Analysts at MUFG Bank, point out that significant oil production cuts would only dampen downside risks for the Loonie (CAD). They consider USD/CAD could test the recent top.  Key Quotes: “The CAD like other oil...

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Forex News

USD/CAD extends slide below 1.4200 as CAD soars

Risk sentiment boosts Loonie; crude oil up more than 3% and Dow Jones 5.5%.  USD/CAD drops almost 300 pips on Wednesday, on the best day for CAD in years.  The USD/CAD broke below 1.4300 during the American se...

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Forex News

Dollar trading at five-month’s high vs. CAD

USD/CAD is trading at levels not seen since September 2019. The level to beat for bulls is the 1.3410 level.    USD/CAD daily chart   USD/CAD is spiking to its highest since early September 2019 while trading ...

USD/CAD ??-???????? ??? ????????? ? ?????? 1.3070
Forex News

Greenback trading at its highest since early December vs. CAD

USD/CAD is trading in a tight bullish channel.  Bulls are eying the 1.3280, 1.3330 and 1.3367 levels.    USD/CAD daily chart   USD/CAD is spiking to its highest since early December 2019 while trading back abo...

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Forex News

Downside risk for CAD ahead of BoC meeting

The Bank of Canada meets today, and analysts at ING Bank are expecting no change in the monetary stance (in line with consensus). Key quotes “We suspect markets have too aggressively priced out BoC easin...