CCY:USDCAD

Usd/cad Currency Pair News

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$1.39
+0.0050 (+0.364%)
At Close: Jun 03, 2026

US Dollar Forecast: USD/CAD Threatens March Low

04:00pm, Wednesday, 25'th Sep 2024
USD/CAD may stage further attempts to test the March low (1.3420) as it carves a series of lower highs and lows, but the exchange rate may consolidate over the remainder of the month should the Relati
U.S. Dollar Index is heading towards the 101.00 level.
USDCAD fell sharply on Tuesday, extending the retreat that started on Thursday after the pair hit resistance at 1.3645, slightly above the lower bound of the sideways range that contained most of the
The USD/CAD pair trades close to a fresh six-month low near 1.3430 in Wednesday's European session. The Loonie asset remains under pressure as the Canadian Dollar (CAD) performs strongly on China's ma
USD/CAD hovers around 1.3430 during the early European hours on Wednesday. The pair received downward pressure following the bumper interest rate cut of 50 basis points by the US Federal Reserve (Fed)
The USD/CAD pair remains under selling pressure near 1.3430 during the early Asian session on Wednesday. The Greenback edges lower as traders raise their bets on an additional 50 basis points (bps) ju
The weaker-than-expected CB Consumer Confidence report put pressure on the American currency.

USD/CAD Mid-Day Outlook

09:39am, Tuesday, 24'th Sep 2024
Intraday bias in USD/CAD stays on the downside for retesting 1.3439 low. Firm break there will resume the decline from 1.3946, and target 61.8% projection of 1.3946 to 1.3439 from 1.3646 at 1.3333.
USD/CAD has rolled over and is beginning to fall in a new down-leg. It is probable in a short-term downtrend now, leaning the odds in favor of more selling.
USD/CAD extends its losses for the second successive day, trading around 1.3510 during Tuesday's European hours. Analysis of the daily chart suggests a continuation signal, as the falling wedge patter
USD/CAD drifts lower below 1.3550 as investors await BoC's Macklem speech
USD/CAD is poised to snap a three-week rally with the post-FOMC reversal erasing the monthly gains. The decline takes price into key support early in the week and the focus is on possible inflection o
The American currency moved higher as PMI reports highlighted the strength of the U.S. services sector.
In this webinar we take an in-depth look at the technical trade levels for the US Dollar (DXY), US Treasury Yields (US10Y), Euro (EUR/USD), British Pound (GBP/USD), Australian Dollar (AUD/USD), Canadi
The Canadian Dollar (CAD) is a mild out-performer on the session, in line with its commodity peers, which are all holding minor gains against a generally firmer USD, Scotiabank's Chief FX Strategist S
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