News

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 in July. The commodity ...
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 tariff announcements. Investors ...
The Canadian dollar (CAD) has reached its best level against the US Dollar (USD) since early November. Despite modest daily moves, recent consistent gains underscore CAD resilience amid multiple ...
The US dollar has bounced slightly against the Canadian dollar as we are hanging around the crucial 1.3850 level. The 1.3850 level is an area that has been important multiple times in the past ...
The USD/CAD exchange rate has crashed in the past fee days, and is now hovering at its lowest level since November last year.
USD/CAD was looking vulnerable in February as trade war themes were pricing-in to macro markets, but a couple months later the long-term range in USD/CAD has so far prevailed. In February, just a few ...
The Canadian dollar (CAD) strengthened modestly against a broadly weaker US dollar (USD), following the Bank of Canada's decision to hold interest rates steady—the first pause since its easing ...
According to the Bank of Canada, the average CAD/USD conversion rate in 2024 was 1.3698, inching upward year over year since taking a dip in 2021. Trying to execute at the perfect time can ...
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especially in pairs like yen and USD/CAD, where bearish setups are starting to emerge. The safe-haven status of the US dollar is being questioned by markets, with vastly higher US Treasury yields ...
The election outcome could significantly impact Canadian stocks and the USD/CAD exchange rate. Amidst escalating US trade tensions and big shifts in voter behavior, Canada’s snap election at the ...