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The USD/CAD is lower on Friday. In the North American session, USD/CAD is trading at 1.3998 at the time of writing, up 0.16% on the day. On the data calendar, Canada releases retail sales and the US...
The escalation in the Russia-Ukraine conflict had only a short-lived impact on FX, and safe-haven demand has rapidly faded. The balance of risks is shifting more to the upside for the US dollar, also...
Hot Canadian inflation report sees USD/CAD sink to known support level EUR/USD whipsawed by geopolitical headlines; near-term bullish bias retained Overview Canada’s inflation report was a little...
Markets are consolidating after a period of heightened volatility. In focus currently is President-elect Trump’s pick for the influential post of US Treasury Secretary. Given the large US budget...
USD/CAD prints a bearish engulfing candle after protracted uptrend Canadian inflation report provides near-term event risk Markets split on whether BoC will deliver consecutive 50bp...
USD/CAD snaps long-term range above 1.4000. Bulls may take a breather as the pair has exited its two-year consolidation phase The overall outlook remains bullish. USD/CAD enjoyed a lovely session...
USD/CAD surges as oil prices decline and US Dollar rises. Market anticipates less rate cuts in 2025 due to Trump’s return, impacting interest rate differentials. Potential US tariffs add headwinds...
Investors Lose Faith in Gold Gold (XAU/USD) declined by 0.82% on Friday. The outcome of the US presidential election negatively affected the precious metal as investors shifted investments towards...
The USD/CAD has steadied on Friday after a roller-coaster week. In the European session, USD/CAD is trading at 1.3889 at the time of writing, up 0.22% on the day. Canada’s Job Growth Expected to...
USD/CAD posts new 25-month high but currently stands beneath it. Stochastics and RSI show positive signs. Support lies at 1.3815, then 1.3745; 50-day SMA is at 1.3690. USD/CAD has been developing...
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