USDCAD moves higher after Trump confirms tariffs to start in March. – ForexLive
USDCAD Technology usdcad skyrocketed yesterday, Re-enter the “red box”a key integration range including price action from December to early February (See the chart above). Within this range, the pair initially spiked higher supporters Trump's announcement on 25% tariffs on Canadian imports Early February. However, after the same day's tariffs were postponed, Prices have returned to […]
USD/CAD declines to near 1.4200 as US Dollar underperforms its peers – FXStreet
USD/CAD drops sharply to nearly 1.4200 as the US dollar is below its major peers' performance. Our initial unemployed claims have been slightly higher. Fed officials are worried about the increased risk of inflation being the other way around. The USD/CAD pair approaches a key level of 1.4200 North American trading hours on Thursday. The […]
USD/CAD steadies above 1.4200, upside seems possible due to new Trump tariffs – FXStreet
USD/CAD could be further increased due to fresh tariffs from US President Donald Trump. The latest FOMC meeting minutes emphasized that more time is needed to assess multiple factors before considering any adjustments. The Bank of Canada may rethink its approach to policy easing after inflation data showed an upward trend in January. USD/CAD will […]
USD/CAD Price Forecast: Could test 1.4200 barrier near nine-day EMA – FXStreet
USD/CAD is traded within falling wedge patterns. This pair could be instantly supported around the upper limit of 1.4100 fall wedges. The immediate resistance zone appears near the 9-day EMA of 1.4230 and is aligned with the upper limit of the falling wedge. The USD/CAD pair has waived recent profits from the previous session, trading […]
USD/CAD Price Forecast: Trades near 1.4250 after breaking below rectangular pattern – FXStreet
USD/CAD may test immediate support at a psychological level of 1.4250. When the pair returns to a rectangular pattern, the bearish bias may be reduced. This pair can approach major resistance at 9 days of EMA of 1.4316. The USD/CAD pair have continued their winning streak in their third consecutive session, trading around 1.4260 during […]
Oil, Natural Gas, USD/CAD Analysis As Inventory Data Fuels Bearish Sentiment – FX Empire
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USD/CAD touches the lowest since December 17 after tariff reprieve – ForexLive
The Canadian dollar has moved significantly today, trading in a 220 pips range. The pair rose to a year-to-date high of 1.4485 on concerns that President Trump could impose first-day tariffs of up to 25% on Canada, sparking retaliation and a trade war. But the WSJ report emphasized that President Trump only plans to sign […]
USD/CAD gains above 1.4400 as US Dollar dominates on Fed’s cautious policy outlook – FXStreet
USD/CAD rose above 1.4400 as the US dollar hit a new two-year high. The Fed is expected to go through a gradual rate-cutting cycle this year. Investors are awaiting US ISM Manufacturing PMI data for December. The USD/CAD pair rose to around 1.4420 in European trading on Thursday. The loonie pair is rising as the […]
USD/CAD marks fresh multi-year highs near 1.4350, awaits Fed’s guidance – FXStreet
USD/CAD hit 1.4329 on Wednesday, its highest level since March 2020. The Canadian dollar faces challenges due to a dovish central bank and domestic political uncertainty. CME's FedWatch tool suggests Wednesday's 25 basis point rate cut is almost fully priced in. USD/CAD has extended its winning streak to five days in a row and is […]
USD/CAD Price Forecast: Bulls turn cautious ahead of US CPI report and BoC decision – FXStreet
USD/CAD has retreated from multi-year highs, but the downside appears to be limited. Rising oil prices are supporting the loonie and putting pressure on the currency pair. The technical setup supports the prospect of some bullish buying. The USD/CAD pair fell slightly in Asian trading on Wednesday, but did not continue to rise, remaining close […]