CAD
CAD, Market Analysis, Technical Analysis
Canadian Dollar holds ground as oil prices surge
USD/CAD moves little after four days of losses, trading around 1.4060 during Asian hours on Wednesday. The currency pair maintains its stance as the US Dollar (USD) stays firm amid rising oil prices that have heightened inflation concerns and driven safe-haven demand. However, the commodity-linked Canadian Dollar (CAD) is also positioned to gain strength from […]
by Currency Hedger
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- 2 days ago
CAD, Market Analysis
Canadian Dollar rallies as oil prices rise, US Dollar softens
USD/CAD extends its losses for the fourth successive day, trading around 1.4090 during Asian hours on Tuesday. The pair loses ground as the commodity-linked Canadian Dollar (CAD) receives support from an upside in oil prices. Crude oil prices advance as market traders weigh escalating geopolitical conflicts in the Middle East and Eastern Europe. In the […]
by Currency Hedger
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- 3 days ago
CAD, Market Analysis, Technical Analysis
USD/CAD Price Forecast: Hangs near multi-week low, holds above 1.4100 ahead of Canadian CPI
The USD/CAD pair remains under some selling pressure for the third straight day on Monday, prolonging last week’s rejection slide from the 1.4300 mark, or its highest level since April 2025. Spot prices drop to an over three-week low, around the 1.4100 neighborhood, during the Asian session as traders now look forward to the latest […]
by Currency Hedger
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- 4 days ago
CAD, Market Analysis, Technical Analysis
Canadian Dollar stands firm near two-week high vs weak USD amid bullish oil prices
The USD/CAD pair remains under some selling pressure for the second straight day on Friday, trading around the 1.4175-1.4170 region during the Asian session and close to an over two-week low set the previous day. Spot prices seem poised to register weekly losses, and a combination of negative factors backs the case for further depreciation. […]
by Currency Hedger
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- 1 week ago
CAD, Market Analysis
1.4195: Canadian Dollar tests range top amid lower US Yields, dovish Fedspeak
The Canadian Dollar (CAD) has shown a sharp recovery against the US Dollar (USD) over the last few sessions, with the USD losing momentum, weighed by lower US Treasury yields and dovish comments by Federal Reserve (Fed) officials. The USD/CAD pair is trading at fresh two-week lows around 1.4195 as of writing, after being rejected […]
by Currency Hedger
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- 1 week ago
CAD, Market Analysis, Technical Analysis
USD/CAD Price Forecast: Trades near 1.4200 after breaking below nine-day EMA
USD/CAD depreciates after posting modest gains the previous day, trading around 1.4210 during Asian hours on Thursday. The technical analysis of the daily chart indicates that the price is remaining within the ascending channel pattern, suggesting an ongoing bullish bias. The USD/CAD pair is maintaining a bullish near-term bias as spot holds above the 50-day […]
by Currency Hedger
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- 1 week ago
CAD, Market Analysis, Technical Analysis
Canadian Dollar edges up against US Dollar ahead of US CPI data
The Canadian Dollar (CAD) trades slightly higher against the US Dollar (USD) on Wednesday ahead of the United States (US) Consumer Price Index (CPI) data at 12:30 GMT. In the Asian trade, the USD/CAD pair is marginally down to near 1.4200, as the US Dollar extends its decline. As of writing, the US Dollar Index […]
by Currency Hedger
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- 1 week ago
CAD, Market Analysis, Technical Analysis, USD
USD/CAD Price Forecast: Falls to near 1.4250 near nine-day EMA support
USD/CAD depreciates after two days of gains, trading around 1.4260 during European hours on Tuesday. The technical analysis of the daily chart indicates that the price is remaining within the ascending channel pattern, suggesting a persistent bullish bias. The USD/CAD pair is extending its advance while holding above both the nine- and 50-period Exponential Moving […]
by Currency Hedger
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- 1 week ago
CAD, Market Analysis, Technical Analysis
Canadian Dollar flat lines around 1.4250 as sliding oil prices counter USD softness
The USD/CAD pair struggles to capitalize on a modest gap-up open at the start of a new week, retreating back to mid-1.4200s during the Asian session. However, a combination of diverging forces warrants some caution before positioning for an extension of Friday’s pullback from the 1.4300 neighborhood, or its highest level since April 2025. The […]
by Currency Hedger
- 0 Comments
- 2 weeks ago
CAD, Market Analysis, Technical Analysis, USD
The Loonie strengthens as risk-on mood weighs on US Dollar
USD/CAD extends its losses for the second successive day, trading around 1.4210 during Asian hours on Friday. The pair depreciates as the US Dollar (USD) loses safe-haven demand, following statements from US President Donald Trump on social media, where he announced that the US was engaged in “productive discussions” with Iran and would refrain from […]
by Currency Hedger
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- 2 weeks ago