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Markets brace for impact ahead of Trump’s inauguration. BoJ seen raising rates at first gathering of 2025. Euro and pound traders turn gaze to PMIs. Canada and New Zealand CPI data to shape BoC and...
USDCAD stays supported around 20-EMA Bullish trend continuation likely; eyes on the 1.4465 top USD/CAD found solid footing near its 20-day exponential moving average (EMA) around 1.4340 for the...
Markets may tread carefully today ahead of Monday’s inauguration of President Trump. There are lingering concerns about the “day one” measures, some of which are priced in, which could generate some...
US dollar pairs decouple from US rate correlations USD/CAD, USD/CHF, EUR/USD show weak reactions to inflation data Bessent Senate confirmation, US retail sales headline Thursday...
The USD/CAD started the week with strong gains but has shown little movement since then. In the European session, the pair is trading at 1.4411, up 0.12% at the time of writing. We could see stronger...
EURUSD looks fragile below 1.0400 Will the US jobs data boost the uptrend in USDJPY? Canadian employment figures to test the USDCAD rally EUR/USD failed to cross above its 20-day SMA and the...
USD/CAD Key Takeaways Canadian Prime Minister Justin Trudeau announced his resignation, triggering a leadership race in the Liberal party and likely early federal election. The Conservative party,...
The Canadian dollar is up almost 1% against its US counterpart, 1.4310, in early Monday trading, following reports that Canadian Prime Minister Justin Trudeau may announce his resignation on January...
The US dollar could lose some momentum this week as a return of normal market conditions allows for some reconciliation with slightly lower rates. However, the proximity to Trump’s inauguration and...
USD/CAD holds short-term range ahead of ISM manufacturing PMI. Bulls lose power but not the battle, uptrend intact above 1.4260. USD/CAD is in a wait and see mode. USD/CAD is holding steady within...
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