April 12 2023 🕓 3 min
USD/CAD remains bearish after BoC decision, US inflation data
Today's heavy macro data day resulted in another decline for the USD/CAD pair.
Tag: usd/cad
February 21 2023 🕓 3 min
USD/CAD surges as Canadian inflation cools more than expected
Today's combo of US and Canadian dollar sent the USD/CAD pair higher, but bulls have failed to break a key resistance so far.
January 25 2023 🕓 3 min
USD/CAD jumps as Bank of Canada pauses rate hikes
The Canadian dollar slipped today, weakened by the BoC's decision to halt the rate hikes.
December 27 2022 🕓 2 min
USD/CAD in trouble – is another decline on the way?
Loonie has recently shown strength, but several signals point to another potential downtrend on the currency pair.
December 19 2022 🕓 3 min
USD/CAD falls amid surging oil, anti-dollar mood
Today, the US dollar was under pressure as the US manufacturing PMI and services PMI disappointed, while Oil prices recovered from this year's lows.
December 7 2022 🕓 3 min
Canadian dollar ticks higher as Bank of Canada pivots
Another central bank signaled a pause in its tightening cycle, this time strengthening the domestic currency (CAD) as a result.
October 27 2022 🕓 3 min
USD/CAD plunges after dovish BoC hike
The USD weakened notably today, pushing the CAD higher, despite a disappointing BoC decision.
October 7 2022 🕓 3 min
USD/CAD drops after labor market combo
Volatility came after the labor market data, so far benefitting the Canadian dollar more.
September 9 2022 🕓 3 min
USD/CAD defends 1.30 after terrible CAD jobs market data
The anti-USD mood hit the markets on Friday, but the CAD failed to capitalize on it fully.
September 7 2022 🕓 3 min
CAD strengthens following a 75 bps rate hike
This afternoon, the Bank of Canada raised interest rates by 75 basis points to 3.25%, which was in line with the market's expectations.
August 5 2022 🕓 3 min
USD/CAD eyes 1.29 ahead of labor market combo
Volatility will certainly be elevated today as both the US and Canada will publish their jobs market numbers.
June 21 2022 🕓 3 min
USD/CAD slips below 1.30 after domestic data
The double top formation could send the market notably lower in the next days.