Tag: usd/cad

USD/CAD slips below 1.30 after domestic data

USD/CAD slips below 1.30 after domestic data

The double top formation could send the market notably lower in the next days.
USD/CAD drops 1% after Canadian CPI

USD/CAD drops 1% after Canadian CPI

The Canadian dollar capitalized on rising inflation, advancing against its US rival.
Canadian dollar vs. WTI correlation

Canadian dollar vs. WTI correlation

Trading commodities is not just about gold, silver, oil or other metals or agricultural assets. It is necessary to have two points in mind.
USD/CAD drops after Bank of Canada Decision

USD/CAD drops after Bank of Canada Decision

The Bank of Canada delivered a 50 bps rate hike, but it remained hawkish, so more rate increases are coming.
USD/CAD consolidates ahead of Canadian job market data

USD/CAD consolidates ahead of Canadian job market data

Could we see a reversal in the USD/CAD pair, or will bears prevail?
USD/CAD calm after Bank of Canada decision

USD/CAD calm after Bank of Canada decision

The BoC decision has failed to induce volatility in the pair and it consolidated during the US session.
USD/CAD back in the 1.25 region amid USD strength

USD/CAD back in the 1.25 region amid USD strength

The greenback continued to push the CAD into defense amid broad USD strength.
CAD surges after hawkish Bank of Canada decision

CAD surges after hawkish Bank of Canada decision

The CAD soared after the recent BoC action, but it needs to push the USD/CAD pair below 1.23 to continue strengthening.
USD/CAD hitting multi-month lows amid USD weakness, soaring oil

USD/CAD hitting multi-month lows amid USD weakness, soaring oil

Broad US dollar weakness and strong oil continue to undermined the USD/CAD pair.
USD/CAD statistical and technical analysis

USD/CAD statistical and technical analysis

The current price of the USD/CAD exchange rate is 1.2528 (July 13, 2021). This pair rebounded upwards, as we estimated in our last analysis. It is currently testing an important level of resistance after recent growth. Let us therefore look at statistical and technical analyzes.