CAD

USD/CAD inches lower after three days of gains, trading around 1.3890 during the European hours on Friday. The technical analysis of the daily chart shows the pair remains within an ascending channel pattern, suggesting a persistent bullish bias. The 14-day Relative Strength Index (RSI) at 60 is bullish and not overbought. RSI above the 50 midline […]

The USD/CAD pair falls after failing to extend the nine-day winning streak on Monday. The Loonie pair corrects to near 1.3890 during the day as the US Dollar (USD) retraces, following criminal charges against Federal Reserve (Fed) Chair Jerome Powell. During the press time, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades […]

USD/CAD continues its winning streak that began on January 2, trading around 1.3870 during the Asian hours on Friday. Traders await the US Nonfarm Payrolls (NFP) report, which is expected to offer further insight into labor market conditions and the Federal Reserve’s (Fed) policy outlook. On Canada’s front, Net Change in Employment and Unemployment Rate for December will […]

The USD/CAD pair edges lower on Tuesday and looks to extend the previous day’s late retracement slide from the 1.3815 area, or its highest level since December 11. Spot prices, however, manage to hold above mid-1.3700s through the first half of the European session and currently trade nearly unchanged for the day amid mixed cues. The US […]

USD/CAD extends its gains for the second successive session, trading around 1.3750 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) strengthens on safe-haven demand, driven by a renewed rise in geopolitical risks following the United States’ (US) capture of Venezuelan President Nicolas Maduro. US President Donald Trump said that the […]

USD/CAD pares recent gains from the previous session, trading around 1.3710 during the Asian hours on Friday. The pair depreciates as the US Dollar (USD) loses ground over expectations of two more Federal Reserve rate cuts in 2026. Markets are bracing for US President Donald Trump to nominate a new Fed chair to replace Jerome Powell when his […]

The USD/CAD pair trades almost flat around 1.3685 during the late Asian trading session on Tuesday. The Loonie pair consolidates ahead of the release of Federal Open Market Committee (FOMC) minutes of the December meeting in the late New York session. As of writing, the US Dollar Index (DXY), which gauges the Greenback’s value against six major […]

USD/CAD depreciates for the second successive session, trading around 1.3660 during the Asian hours on Monday. The pair remains subdued near the five-month low of 1.3642, reached on December 26, as the commodity-linked Canadian Dollar (CAD) receives support from stronger Oil prices, given Canada’s status as the largest crude exporter to the United States (US). West […]