CCY:USDCAD

Usd/cad Currency Pair News

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At Close: Jun 04, 2026

USDCAD Wave Analysis

09:32pm, Thursday, 12'th Jun 2025
USDCAD currency pair recently broke the key support level 1.3630, which previously formed the daily Hammer reversal pattern at the start of June.
U.S. inflation data is missing to the downside at a pace not seen in years, with markets responding by pricing in more cuts from the Fed. That's hitting USD/CAD hard, breaking long-held support and le
The USD/CAD pair edges lower to near 1.3600, its lowest since October 2024, during the early Asian session on Friday. Broad US Dollar (USD) weakness, driven by softer-than-expected US inflation data a
The disappointing Initial Jobless Claims report put additional pressure on the American currency.
USD/CAD crashed through multi-year trend support with price plunging nearly 3% off the May high- risk for further losses. Battle lines drawn on the weekly technical chart.

USD/CAD Mid-Day Outlook

09:50am, Thursday, 12'th Jun 2025
USD/CAD's decline resumed by breaking through 1.3633 support and intraday bias is back on the downside. Decisive break of 61.8% projection of 1.4414 to 1.3749 from 1.4014 at 1.3603 will pave the way t
The US Dollar is posting a mild recovery against its Canadian counterpart on Thursday's European trading session. The pair bounced up from one-week lows, with the CAD losing ground as Oil prices ease,
The USD/CAD pair is retracing its recent gains registered in the previous session, trading around 1.3660 during the Asian hours on Thursday. A persistent bearish sentiment prevails as the pair moves d
The USD/CAD pair remains on the defensive around 1.3665 during the early Asian session on Thursday. The US Dollar (USD) weakens against the Canadian Dollar (CAD) due to poor US inflation data and risi
The American currency is moving lower as traders bet on dovish Fed.
USD/CAD sellers have been showing signs of stall after May's hold of 1.3750 and now June's support 100 pips lower. Can USD/CAD force a pullback before resuming the larger trend?
The USD/CAD trades in a tight range below 1.3700 during European trading hours on Wednesday. The Loonie pair consolidates as investors await the United States (US) Consumer Price Index (CPI) data for
USD/CAD retraces its recent losses, trading around 1.3680 during the Asian hours on Wednesday. However, the upside of the USD/CAD pair could be limited as the commodity-linked Canadian Dollar (CAD) po
The USD/CAD pair holds steady near 1.3670 during the early Asian session on Wednesday. Easing trade tension between the United States (US) and China could underpin the US Dollar (USD).
Commodity currencies gained ground as optimism over US–China trade talks lifted sentiment, pushing USD/CAD lower and supporting AUD/USD near range highs.
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