CAD
CAD, Currency Talk, Technical Analysis, USD
Canadian Dollar remains depressed as firmer USD and trade war counter higher oil price
The USD/CAD pair sticks to a positive bias for the second straight day and trades around mid-1.3800s during the Asian session on Tuesday. Spot prices, however, lack bullish conviction amid a combination of diverging forces, warranting caution before positioning for an extension of the recent recovery from a three-month low, touched last week. Inflation risks stemming from […]
by Currency Hedger
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- 2 months ago
CAD, Technical Analysis, USD
Chart of the Day: Trump drives the Canadian dollar sell-off
The week has begun with relatively low volatility in the currency market. An exception is the Canadian dollar, which is weakening against the US dollar today by over 0.4%. Figure 1: G10 Currency Dashboard (24.06.2026) Source: XTB Research, 24.08.2026 Where can the reasons for such a move be found? Return of the Trade War Talks […]
by Currency Hedger
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- 2 months ago
CAD, Technical Analysis, USD
Canadian Dollar bears seem hesitant as weak USD counters US-Canada trade war
The USD/CAD pair struggles to capitalize on a bullish gap opening on Monday, though it retains an intraday positive bias amid concerns about a deepening US-Canada trade war. Spot prices currently trade just below the 1.3800 mark, up nearly 0.30% for the day, and, for now, seem to have snapped a three-day losing streak to a three-month […]
by Currency Hedger
- 0 Comments
- 2 months ago