Dollar Edges Higher; Nonfarm Payrolls Loom Large
By Peter Nurse Investing.com - The U.S. dollar edged higher in early European trade Friday, attempting to recoup some of the previous session’s hefty losses ahead of the release of the...
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USD/CAD - US Dollar Canadian Dollar News & Analysis
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USD/CAD Forecast: Bulls await move beyond 1.2900, US/Canadian jobs report in focus
The USD/CAD pair attracted some dip-buying near the 1.2820-1.2815 region on Thursday and reversed a major part of the previous day's downfall from a o
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USD/CAD buyers approach 1.2900 ahead of US/Canada employment data
USD/CAD picks up bids to 1.2875 as buyers keep reins for the second consecutive day heading into Friday’s European session. The Loonie pair’s latest g
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USD/CAD seesaws around 1.2850 ahead of US/Canada jobs data
The USD/CAD climbs and trims some of Wednesday’s losses, as sentiment is mixed after US House Speaker Pelosi’s trip to Taiwan, increasing regional ten
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USDCAD moves to a new session high as oil cracks $90
The USDCAD has broken to a new high after oil fell below the $90 level for the first time since the Ukraine war. The move took the pair back above its 100 and 200 hour moving averages at...
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USD/CAD sticks to modest gains near mid-1.2800s, lacks follow-through buying
The USD/CAD pair attracts some buying near the 1.2835-1.2830 region on Thursday and reverses a part of the previous day's retracement slide from a one
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USD/CAD skids below 1.2850 as DXY weakens, oil near $90.00
The USD/CAD pair has slipped below the immediate cushion of 1.2850 as the US dollar index (DXY) is displaying a subdued performance after the open. On
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USD/CAD bears remain in control as risk appetite returns
At 1.2850, USD/CAD is down 0.23%, falling from a high of 1.2891 to a low of 1.2832 so far on the day. The Canadian dollar is correcting Tuesday's fall
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USD/CAD slides further below mid-1.2800s amid softer USD, rising oil prices ahead of OPEC+
The USD/CAD pair attracts some selling in the vicinity of the 1.2900 mark on Wednesday and stalls this week's recovery move from its lowest level sinc
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USD/CAD bears poke 1.2850 as oil rises before OPEC meeting, focus on US data, Taiwan
USD/CAD takes offers to renew intraday low near 1.2850 ahead of Wednesday’s European session. The Loonie pair rose during the last two days before rev
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USD/CAD declines towards 1.2850 as DXY turns fragile ahead of US ISM Services PMI
The USD/CAD pair is likely to turn sideways after a perpendicular downside move from near 1.2900 in the Asian session. The downside pressure will rema
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USD/CAD hovers above the 50-day EMA as US House Speaker Pelosi lands in Taiwan
The USD/CAD climbs above the 50-day EMA, due to several factors, including the visit of US House Speaker Nancy Pelosi to Taiwan and increasing tension
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USDCAD falls back below the 200 hour MA. Bulls/buyers are jilted after the break higher.
I spoke about the 200 hour MA of the USDCAD in the morning video. We broke above the level today with some trepidation, but was able to stay above for a number of hourly bars. However,...
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USD/CAD climbs to multi-day high amid sliding oil prices, modest USD rebound
The USD/CAD pair builds on the overnight goodish bounce from its lowest level since June 10 and gains traction for the second successive day on Tuesda
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USD/CAD fades bounce off two-month low near 1.2850 amid risk-off mood
USD/CAD struggles to extend the week-start rebound as the Canadian traders return from the long weekend on Tuesday. That said, the Loonie pair eases b
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USD/CAD oscillates around 1.2840 ahead of employment data, oil struggles above $93.00
The USD/CAD pair has turned sideways after printing a two-day high of 1.2856 on Monday. In the first trading session of August, the asset displayed a
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USDCAD gives it another shot above the 100 hour MA
The USDCAD is making another run above the 100 hour MA at 1.28298. Earlier in the day, and move above was rejected. On Friday, the pair moved above on three hourly bars and failed each...
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USD/CAD rebounds from seven-week lows toward 1.2835
The USD/CAD rose more than 60 pips and printed a fresh daily high at 1.2830. Earlier on Monday bottomed at 1.2766, the lowest intraday level since Jun
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USDCAD extends higher. Oil falling.
The USDCAD is breaking higher as crude oil moves lower. The price of crude is trading at $92.60, just off the low for the day. That is down over -$6 on the day or 6%. The price is below the...
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USD/CAD remains depressed near 100-DMA amid weaker USD, ahead of US ISM PMI
The USD/CAD pair reverses a modest intraday uptick to the 1.2820 region and turns lower for the fourth successive day on Monday. This also marks the f
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USD/CAD traces sluggish markets near 1.2800, US/Canada, PMIs, employment data eyed
USD/CAD retreats to 1.2805 heading into Monday’s European session. Even so, the Loonie pair snaps a three-day downtrend while defending buyers around
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USD/CAD displays a rebound at around 1.2800 ahead of US ISM data
The USD/CAD pair is getting bids around the psychological support of 1.2800 in the early Tokyo session. The asset defended the monthly support of 1.27
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USDCAD makes a another new low for the month before bouncing higher
USDCAD back below the 100 hour moving average The USDCAD moved to a another month low (and traded to the lowest level since June 13) in the late Asian session. Looking at the hourly chart,...
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USD/CAD clings to recovery gains near mid-1.2800s post-US PCE/Canadian GDP
The USD/CAD pair shows some resilience below the 1.2800 mark and stages a goodish bounce from a six-week low touched earlier this Friday. The intraday
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USD/CAD sees a decisive move below 1.2800, US PCE and Canada GDP eyed
The USD/CAD pair is hovering around the psychological support of 1.2800 and is gearing up for a downside move as the US dollar index (DXY) has extende
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USD/CAD oscillates around 1.5-month low near 1.2800, focus on US PCE inflation
USD/CAD picks up bids to 1.2810 as it licks the wounds near a six-week low during Friday’s Asian session. In doing so, the Loonie pair takes clues fro
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USD/CAD marches firmly towards1.2830, after refreshing six-week lows on dismal US GDP
The USD/CAD bounces from weekly highs and rises towards the 50-day EMA at 1.2853 after dismal US economic data flashes that the US is in a “technical”
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USDCAD ticks higher. Lower oil gives up gains
USDCAD rebounds The USDCAD is seeing a move higher. Looking at the hourly chart, the price has move back toward its falling 100 hour moving average 1.28622. The high price just reached...
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USD/CAD struggles near multi-week low amid weaker USD, uptick in oil prices
The USD/CAD pair reverses an early European session dip to sub-1.2800 levels, or its lowest level since June 13 and for now, has managed to defend the
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USD/CAD keeps post-Fed losses at 1.5-month low near 1.2800, US GDP eyed
USD/CAD bears approach 1.2800 while extending the post-Fed losses during Thursday’s Asian session. In doing so, the Loonie pair ignores a pullback in
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USD/CAD drops to fresh session lows on dovish tilt at the Fed
USD/CAD is under pressure over the Federal Reserve event. The greenback has been sold off and commodities are rising as risk appetite flows through th
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USD/CAD barely climbs around 1.2880s ahead of the FOMC
The USD/CAD is almost flat during Wednesday’s North American session as investors prepare for the Federal Reserve Open Market Committee (FOMC) decisio
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USDCAD breaks back above 100 hour MA and trades now between 100/200 hour MAs
USDCAD breaks above 100 hour MA. More neutral area. The USDCAD has seen a push higher over the last few minutes. The move has taken the price away from its 100 hour moving average at 1.28743...
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USD/CAD struggles near mid-1.2800s amid modest USD weakness, focus remains on FOMC
The USD/CAD pair meets with a fresh supply on Wednesday and continued losing ground through the first half of the European session. Spot prices fell t
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USD/CAD stays depressed below 1.2900 as oil rebounds, DXY eases ahead of Fed’s showdown
USD/CAD reverses the previous day’s corrective pullback from the 1.5-month low heading into Wednesday’s European session. In doing so, the Loonie pair
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