USDCAD

Most Read: US Dollar Forecast - US PCE to Guide Markets; EUR/USD, GBP/USD, USD/JPY SetupsThe U.S. dollar, as measured by the DXY index, was subdued, and displayed restraint on Monday despite a modest uptick in U.S. Treasury yields. Market…

Most Read: Gold Prices on the Rise, Confluence Resistance in Sight. What Now for XAU/USD?The U.S. dollar fell modestly on Tuesday on the back of subdued U.S. yields in a session lacking significant drivers. Volatility in the FX space,…

USDThe Fed left interest rates unchanged as expected while dropping the tightening bias in the statement but adding a slight pushback against a March rate cut.Fed Chair Powell stressed that they want to see more evidence of inflation…

USD/CAD is consolidating near a potential support zone! I don’t know if you’ve been watching USD/CAD but you should know that the pair hasn’t quite recovered from its rejection just under the 1.3600 mark last week. If you recall, the…

Most Read: USD/JPY Gains on Hot US PPI but FX Intervention Chatter May Cap UpsideEarlier this year, the market consensus indicated the Federal Reserve would deliver about 160 basis points of easing in 2024. However, these dovish…

US DOLLAR FORECAST – EUR/USD, USD/CADThe U.S. dollar pauses after Tuesday’s strong rally, with the DXY index moving up and down around the flatlineThe absence of follow-through to the upside doesn’t necessarily signal a loss of conviction…

USDThe Fed left interest rates unchanged as expected while dropping the tightening bias in the statement but adding a slight pushback against a March rate cut.Fed Chair Powell stressed that they want to see more evidence of inflation…

This forex pair is back in sideways action and looks ready to form a new range with this looming test of support. Will USD/CAD bounce again? Check out these inflection points I’m watching on the 4-hour time frame. USD/CAD 4-hour Forex…

It's surprising to see the loonie lagging today given today's strong employment report. The country added 37.3K jobs compared to 15K expected and the unemployment rate fell to 5.7% compared to 5.9% forecast.If that wasn't enough, oil prices…

The USDCAD fell initially at the start of the North American session after the Canada jobs report, in the revisions to the CPI which was originally thought to be more than what it ended up being. The price moved to the high of a swing area…