USD/CAD (CAD=X)
CCY - CCY Delayed price. Currency in CAD
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1.2376-0.0001 (-0.01%)
As of 1:15AM BST. Market open.
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- FX Empire
USD/CAD Daily Forecast – Resistance At 1.2380 Stays Strong
USD/CAD is testing the resistance at 1.2380.
- FX Empire
USD/CAD: Loonie Remains Range-Bound Ahead of BoC Decision on Wednesday
“In our view, the rally in CAD is looking quite tired, and we expect to see more support in USD/CAD around the 1.2300 level. Most of the positives (BoC tightening, solid economic recovery, higher energy prices) appear in the price and our short-term fair value model currently shows a 1.5% undervaluation in USD/CAD,” noted Francesco Pesole, FX Strategist at ING.
- FX Empire
U.S. Dollar Index (DX) Futures Technical Analysis – Strengthens Over 93.825, Weakens Under 93.430
The direction of the December U.S. Dollar Index on Monday is likely to be determined by trader reaction to 93.580.
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