USDCAD

USD/CAD trims intraday gains, pulls back towards 1.3150 amid oil rally

USD/CAD trims intraday gains, pulls back towards 1.3150 amid oil rally

USD/CAD trims some of its intraday gains, although the decline remains muted. Rising oil prices underpin the loonie and act…

Bank of Canada will take rates into tightening territory next week – TD Securities

original content: Next week, the Bank of Canada will hold its monetary policy meeting. The market consensus is for an…

USD/CAD approaches 1.3100, downside potential seems limited

USD/CAD pulls back further from a multi-week high and is under pressure from a combination of factors. The rally in…

Canada: S&P Manufacturing PMI falls to 48.7 in August vs. 53.6 expected

Canada's global manufacturing PMI fell into contraction territory below 50 in August. USD/CAD is holding on to daily gains above…

USD/CAD holds on to modest gains near 1.3100 after Canadian data

USD/CAD hit its highest level since mid-July above 1.3100. The Canadian economy expanded at a softer-than-expected pace in the second…

USD/CAD recovers initial lost ground and returns to 1.3000 amid sharp drop in oil

USD/CAD reverses an intraday decline and is supported by a combination of factors. A sharp pullback in oil prices undermines…

USD/CAD pulls back from multi-week highs and heads towards 1.3000

A combination of factors causes some intraday selling around USD/CAD on Monday. Rising oil prices underpin the loonie and put…

USD/CAD jumps to 1.3000 after Powell’s speech as Wall Street slides

Risk aversion drives the US dollar across the board. Fed Chairman Powell guarantees more rate hikes and a tightening policy…

USD/CAD Price Analysis: Fight near 1.2900 confluence support

USD/CAD is back near a one-week low amid a new wave of dollar selling. The decline in oil prices undermines…

USD/CAD falls below 1.2950 on USD weakness ahead of Powell’s speech

USD/CAD was down 0.15% on Thursday as market traders brace for further hawkish rhetoric from the Fed. The US GDP…