CCY:USDCAD

Usd/cad Currency Pair News

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$1.39
+0.0050 (+0.364%)
At Close: Jun 03, 2026
The American currency is losing ground amid falling demand for safe-haven assets.
USD/CAD climbs after Canada jobs data surprises to the downside.

Intraday Analysis 08.05.2026

05:52am, Friday, 08'th May 2026
Intraday analysis covering USDCHF, USDCAD, and USOIL hitting a lower low, focusing on short-term price action, key support and resistance levels, and intraday market momentum across major instruments.
USD/CAD softens as jobs data loom, weaker Oil caps Canadian Dollar support
USD/CAD Price Forecast: Eases from one-week top; trades near 1.3650 ahead of jobs data
Oil prices moved away from session lows, providing support to the American currency.
Recent trading sessions have not been particularly favorable for the Canadian dollar, as USD/CAD has posted a gain of more than 0.4% over the last five sessions in favor of the US dollar.
USD/CAD: Bear trend intact below 1.3645 – Scotiabank
US dollar softens a bit with rates doing the same on Thursday, as peace in the Middle East continues to be the hope.
USD/CAD holds in tight range as US-Iran deal hopes hit USD, sap Canadian Dollar support
USD/CAD Price Forecast: Edges higher above 1.3600, but bearish bias persists below 100-day EMA
BoJ intervened to support the yen, putting additional pressure on the American currency.
Mid-Week update for North-American Markets – Sentiment continues to rebound, but Markets are still not entirely convinced with the ongoing back-and-forth peace narratives, hence, key fundamental cle
USD/CAD: Technical downtrend favors Canadian Dollar – Scotiabank
USD/CAD holds steady as US-Iran deal hopes pressure USD and drag Oil prices lower
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