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The USD/CAD outlook indicates a sudden shift in sentiment after the US released a poor monthly employment report.
Higher oil prices could offer support to the CAD and may offset the rate differential, leaving USD/CAD somewhat rangebound.
The USD/CAD exchange rate remained in a tight range last week, as neither the United States nor Canada released any major ...
4-Hour USD to CAD The USD to CAD is exhibiting mixed sentiment as the 4-hour price upticks, after a successful test of the support zone. This could be signaling a bullish momentum shift.
The USD/CAD outlook shows robust strength in Canada’s labor market, supporting the loonie as a result but tariff worries cap ...
Interest rate divergence fuels USD/CAD momentum ahead of Fed Minutes On Tuesday, the US Dollar found renewed support after Consumer Confidence data showed a sharp jump to 98 in May, up from 85.7 ...
Investing.com -- Bank of America (NYSE:BAC) strategist Howard Du has trimmed the near-term forecast for USD/CAD to 1.38, citing balanced market forces in play as Canada’s economy attempts to ...
According to the Bank of Canada, the average CAD/USD conversion rate in 2024 was 1.3698, inching upward year over year since taking a dip in 2021.
The USD/CAD pair oscillated in a narrow band during the Asian session on Friday and remains close to a nearly three-week low touched the previous day. Spot prices currently trade around the 1.3575 ...
On the technical side, USD/CAD has been consolidating recently, with key support levels at 1.3822 and 1.3747. A break below 1.3822 is required to extend downside momentum.
Scotiabank forecasts further USD/CAD declines, projecting the currency pair to target levels at or below 1.3750 in the coming weeks.
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