CAD
CAD, Market Analysis
Canadian Dollar regains lost ground amid higher Oil prices, US midterm elections
The Canadian Dollar (CAD) is taking back some losses against the US Dollar (USD) on Tuesday, favoured by a moderate rebound in Crude prices, as the US resumed hostilities in Iran. The USD/CAD pair has retreated below 1.3960 from session highs just below 1.4000 and is nearing the seven-week low of 1.3941 as the US […]
by Currency Hedger
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- 1 week ago
CAD, Market Analysis
Canadian Dollar holds gains as US Dollar struggles on easing safe-haven demand
Canadian Dollar holds gains as US Dollar struggles on easing safe-haven demand USD/CAD gains ground after opening at a bearish gap, remaining in negative territory and trading around 1.3970 during Asian hours on Monday. The pair holds losses as the US Dollar (USD) struggles due to easing safe-haven demand, driven by ongoing diplomatic efforts to […]
by Currency Hedger
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- 2 weeks ago
CAD, Market Analysis, Technical Analysis
Canadian Dollar strengthens despite easing oil pressure
USD/CAD loses ground for the third consecutive day, trading around 1.3970 during Asian hours on Friday. The pair depreciates despite renewed Middle East diplomatic efforts easing pressure on oil markets, placing downward pressure on the commodity-linked Canadian Dollar (CAD). Crude oil prices held steady following a Wall Street Journal report disclosing that US Vice President […]
by Currency Hedger
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- 2 weeks ago
CAD, Market Analysis, Technical Analysis
USD/CAD Price Forecast: Trades around 1.4000 within falling wedge
USD/CAD remains subdued for the second successive day, trading around 1.3990 during European hours on Thursday. The technical analysis of the daily chart shows that the pair price is remaining within the falling wedge pattern, suggesting selling momentum is losing strength, signaling a potential bullish breakout. The USD/CAD pair is keeping a bearish near-term bias […]
by Currency Hedger
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- 2 weeks ago
CAD, Market Analysis, Technical Analysis
USD/CAD Price Forecast: Moves above 1.4050 to target moving averages
USD/CAD gains ground for the third consecutive day, trading around 1.4060 during European hours on Wednesday. The Bank of Canada (BoC) is expected to deliver a 25-basis-point interest rate hike later in the day. The technical analysis of the daily chart shows that the pair price is remaining within the falling wedge pattern, indicating a […]
by Currency Hedger
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- 2 weeks ago
CAD, Market Analysis, Technical Analysis
Canadian Dollar slides to one-week low vs firm USD as traders await BoC and Fed
The USD/CAD pair gains positive traction for the second straight day on Wednesday, extending this week’s recovery from the 1.3970-1.3965 region, or the lowest level since September 16. Spot prices climb further beyond mid-1.4000, hitting a fresh weekly top during the Asian session as traders now look to key central bank events. The Bank of […]
by Currency Hedger
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- 2 weeks ago
CAD, Market Analysis
Canadian Dollar weakens due to stronger US Dollar, lower oil prices
USD/CAD gains ground for the second successive day, trading around 1.4020 during Asian hours on Tuesday. The pair rises as the US Dollar (USD) continues to gain ground, driven by market caution ahead of interest rate decisions by the US Federal Reserve (Fed) and the Bank of Canada (BoC) due Wednesday. Financial markets expect the […]
by Currency Hedger
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- 2 weeks ago
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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- 3 weeks 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 weeks 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 weeks ago