CAD
CAD, Hedging, Market Analysis, Technical Analysis, USD
Canadian Dollar SLIDES Toward 12-Week Low as Weak Growth and Fed Bets Pressure Loonie
The Canadian dollar weakened to around C$1.42 per U.S. dollar in September, leaving the loonie near its lowest level in roughly 12 weeks as soft domestic growth and continued U.S. dollar strength weighed on the currency. The focus heading into Monday and the start of the new trading week will be whether the loonie can […]
by Currency Hedger
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- 7 hours ago
CAD, Market Analysis, Technical Analysis, USD
USD/CAD Price Forecast: Falls to near 1.4200 after pulling back from nearly 18-month highs
USD/CAD loses ground for the second successive day, trading around 1.4210 during Asian hours on Friday. The technical analysis of the daily chart indicates that the price is positioned slightly below the top trendline of an ascending channel, suggesting a persistent bullish bias. The USD/CAD pair is maintaining a bullish near-term bias as spot holds […]
by Currency Hedger
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- 1 day ago
CAD, Market Analysis, Technical Analysis, USD
Canadian Dollar Slides Toward 1.43 as US Dollar Strength and Rate Differentials Pressure CAD
The Canadian dollar is under renewed pressure against the US dollar, with USD/CAD trading around the 1.42 area and recently reaching approximately 1.4200–1.4203. The move has pushed the loonie to its weakest levels since July, while the US dollar has strengthened broadly against the Canadian currency. The decline has become more pronounced over recent weeks […]
by Currency Hedger
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- 2 days ago
CAD, Market Analysis, Technical Analysis, USD
Canadian Dollar Weakens as US-Canada Rate Differential Widens
USD/CAD is extending its advance for a sixth consecutive session, trading around 1.4150, as the Canadian Dollar remains under pressure from expectations that the interest-rate gap between the United States and Canada will widen further. The Bank of Canada kept its policy rate unchanged at 2.25% at its September meeting, while expectations for another Federal […]
by Currency Hedger
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- 5 days ago
CAD, Market Analysis, Technical Analysis
Canadian Dollar Faces Pressure as US-Canada Rate Divergence Widens
The Canadian dollar is trading around 1.41 per US dollar, remaining under pressure as expectations for a widening interest-rate differential between the United States and Canada strengthen the appeal of the US dollar. The loonie is currently near its weakest level in more than a month as markets increasingly focus on the different monetary-policy paths […]
by Currency Hedger
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- 1 week ago
CAD, Technical Analysis, USD
Canadian Dollar weakens amid falling oil prices, stronger US Dollar
USD/CAD extends its gains for the fifth consecutive day, trading around 1.4140 during Asian hours on Friday. The pair appreciates as the commodity-linked Canadian Dollar (CAD) faces downward pressure from falling crude oil prices. Crude oil prices drop after reports that the United States (US) and Iran are considering a phased agreement to reopen the […]
by Currency Hedger
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- 1 week ago
CAD, Market Analysis, Technical Analysis, USD
Canadian Dollar holds steady amid oil uncertainties, hawkish Fed sentiment
USD/CAD steadies after three days of gains, trading around 1.4100 during Asian hours on Thursday. The USD/CAD pair has moved little as the commodity-linked Canadian Dollar (CAD) maintains its position amid cautious sentiment surrounding oil prices. Crude oil prices may rise due to lingering uncertainty surrounding United States-Iran diplomatic talks. Speaking at the UN General […]
by Currency Hedger
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- 1 week ago
CAD, Technical Analysis, USD
USD/CAD Climbs for Fifth Day as Bulls Target Break Above 1.3914
Today Markets Analysis: USD/CAD has extended its winning streak for a fifth consecutive session, trading around 1.3910 as the US Dollar continues to strengthen against the Canadian Dollar. The pair is now testing the important 1.3914 area, where the 50-day EMA could determine whether the current recovery develops into a more sustained bullish move. While […]
by Currency Hedger
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- 3 weeks ago
CAD, Technical Analysis, USD
Canadian Dollar Gains Support as Oil Prices Rise Amid Saudi Pipeline Disruptions
Currency Hedger Analysis: The Canadian dollar is finding renewed support as crude oil prices approach four-month highs, reinforcing one of the currency’s most important fundamental relationships. USD/CAD has retreated toward 1.3870 after three consecutive sessions of gains, with higher energy prices providing a tailwind for the commodity-linked CAD. However, the Canadian dollar faces an important […]
by Currency Hedger
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- 3 weeks ago
CAD
USD/CAD Price Remains below 1.3800 as bearish bias prevails
USD/CAD extends its losses for the third consecutive day, trading around 1.3780 during the European hours on Wednesday. The technical analysis of the daily chart indicates the pair is falling within the descending channel pattern, signalling a persistent bearish bias. USD/CAD is holding a bearish near-term bias as spot remains under both the nine-day and […]
by Currency Hedger
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- 3 weeks ago