USD/CAD Outlook for Today 26/05: Dollar Fluctuates Against Loonie
On Monday, the difference between the US dollar and the Canadian dollar decreased as the US and Iran appeared to be nearing a deal. However, we’ve encountered similar situations before, so it’s wise to proceed with caution. It’s important to remember that it was a public holiday in the US and other regions, which likely […]
USD/CAD Price Outlook: Buyers look for a breakthrough at 1.3770 near the 200-EMA before FOMC Minutes
The USD/CAD pair saw a spike in demand on Wednesday, climbing to the 1.3765-1.3770 range during the early European session, approaching levels not witnessed since mid-April. This upward movement seems to result from a mix of supportive elements, as traders await insights from the FOMC minutes for potential new direction. The U.S. dollar has been […]
USD/CAD rises as solid US inflation figures support a more aggressive Fed stance
USD/CAD Shows Positive Movement Amid Economic Data On Tuesday, USD/CAD experienced an upward trend as the gains in the US dollar balanced out with the support coming from rising oil prices in Canada. Currently, the pair is trading around 1.3715, marking its highest point since April 16th. The dollar continued its gains following the release […]
USD/CAD Price Outlook: Moves up slightly above 1.3600, but negative trend continues below 100-day EMA
The USD/CAD currency pair saw small increases, hovering around 1.3635 during early trading in Europe on Thursday. This movement comes as oil prices have dipped, largely due to optimism about a potential peace agreement between the US and Iran, which negatively affects the Canadian dollar (CAD) that’s closely tied to commodity prices. US President Donald […]
USD/CAD Price Outlook: Below 1.3600 and the nine-day EMA as the bearish trend continues
The USD/CAD pair has continued its downward trend for a second consecutive day, hovering around 1.3590 during early trading in Europe on Wednesday. Analyzing the daily chart reveals that the pair is situated within a descending channel, reinforcing the ongoing bearish sentiment. In the short term, the USD/CAD retains this bearish outlook, especially as it […]
USD/CAD stays around 1.3580 as Loonie strengthens with better PMI results
The USD/CAD exchange rate saw a slight increase of less than 0.1% on Friday, bouncing back from an early low near 1.3560 to settle around 1.3590. Even after a retreat from the 1.3700 range earlier in the week, this marks a 0.6% drop for the week overall. It seems that momentum is waning around the […]
USD/CAD remains steady under 1.3700 ahead of Fed and BoC rate announcements
The US dollar (USD) remained largely unchanged against the Canadian dollar (CAD) on Wednesday. Trading has hovered below the 1.3700 mark after a rebound from mid-week lows beneath 1.3600. Investors seem to be waiting for the forthcoming decisions from the Bank of Canada (BoC) and the US Federal Reserve (Fed), which are set to be […]
USD/CAD Forecast 10/12: Attempting to Identify a Low Point (Chart)
Created on December 10, 2025 The USD/CAD pair is relatively stable ahead of the FOMC decision, currently trading below the 200-day EMA while testing a previous downtrend line for support. The market’s direction will rely heavily on the Federal Reserve’s tone, with key levels of interest ranging from 1.35 to 1.4250. On Tuesday, the USD […]
USD/CAD maintains Friday’s declines near 1.3800 as investors anticipate Fed and BoC policy decisions
During trading in Asia on Monday, the USD/CAD pair remained low, hovering around an 11-week low of 1.3800. The Canadian dollar experienced a marked decline on Friday after the Canadian Labor Market Report for November indicated a significant drop in the unemployment rate, which fell to 6.5% from 6.9% in October, largely due to a […]
USD/CAD increases as US Dollar strengthens amid mixed employment figures and Federal Reserve predictions
Canadian Dollar Faces Pressure as U.S. Markets Shift The Canadian dollar (CAD) struggled against the U.S. dollar (USD) on Thursday. This is largely because the dollar gained strength as traders reduced their expectations for a rate cut by the Federal Reserve in December. Currently, USD/CAD is around 1.4074, nearing a two-week high, reflecting a broader […]