CAD
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 day 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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- 2 days 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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- 2 days 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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- 3 days 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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- 4 days 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
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- 5 days 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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- 1 week ago
CAD, Market Analysis, Technical Analysis, USD
Canadian Dollar hangs near April 2025 lows as USD sticks to bullish tone amid hawkish Fed
The USD/CAD pair retains its bullish undertone on Thursday, trading around the 1.4265 region during the Asian session, well within striking distance of the highest level since April 2025, touched earlier this week. Moreover, the supportive fundamental backdrop suggests that the path of least resistance for spot prices remains to the upside and backs the […]
by Currency Hedger
- 0 Comments
- 1 week ago
CAD, Market Analysis, Technical Analysis, USD
Canadian Dollar edges lower on reviving USD demand; recovering oil prices limit losses
The USD/CAD pair edges higher during the Asian session on Wednesday, stalling the previous day’s retracement slide from the vicinity of its highest level since April 2025, touched at the start of this week. Spot prices, however, lack bullish conviction and currently trade just above the 1.4200 mark, up only 0.05% for the day, amid […]
by Currency Hedger
- 0 Comments
- 1 week ago
CAD, Hedging, Market Analysis, Technical Analysis, USD
Canadian Dollar softens as oil prices fall
The USD/CAD pair gathers strength to near 1.4275 during the early European trading hours on Tuesday. Falling crude oil prices drag the commodity-linked Canadian Dollar (CAD) lower against the US Dollar (USD). Canada’s Ivey Purchasing Managers Index (PMI) data is due later on Tuesday. The Group of Seven nations (G7) on Friday agreed to release […]
by Currency Hedger
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- 2 weeks ago