CAD=X - USD/CAD
| Previous close | 1.357 |
| Open | 1.357 |
| Bid | 1.354 |
| Day's range | 1.352 - 1.359 |
| 52-week range | 1.2919 - 1.4667 |
| Ask | 1.354 |
- FX Empire
USD/CAD Daily Forecast – Canadian Dollar Continues Its Upside Move
USD/CAD breached the support at 1.3730 and moved closer to 1.3600.
- FX Empire
USD/CAD Daily Forecast – Canadian Dollar Loses Ground Ahead Of The Weekend
USD/CAD failed to settle below 1.3730 and returned back to 1.3800.
- FX Empire
Economic Data to Take a Back Seat with Trump’s News Conference the Main Event
While the economic calendar is on the busier side, Trump’s news conference will be the main event, which is testing risk sentiment early on.
- FX Empire
USD/CAD Daily Forecast – Flat Despite Broad Weakness Of U.S. Dollar
USD/CAD managed to settle below 1.3800 but received material support at 1.3730.
- FX Empire
U.S Weekly Jobless Claims to Put the Greenback in Focus as Geopolitical Risk Lingers
The U.S Dollar is in action later today, with the weekly jobless claims and durable goods orders in focus. There’s also Trump and Beijing to consider.
- FX Empire
U.S. Dollar Index (DX) Futures Technical Analysis – In Position to Post Closing Price Reversal Bottom
The direction of the June U.S. Dollar Index into the close on Wednesday is likely to be determined by trader reaction to yesterday’s close at 98.906.
- FX Empire
USD/CAD Daily Forecast – U.S. Dollar Tries To Rebound After Sell-Off
USD/CAD is trying to settle above 1.3800 as demand for safe haven assets provides support to the U.S. dollar.
- FX Empire
The ECB and Brussels Put the EUR in Focus as Geopolitics Tests Risk Sentiment
As market jitters over the U.S and China resurface, the ECB and the EU Commission will be in focus later this morning…
- FX Empire
USD/CAD Daily Forecast – Canadian Dollar Enjoys Major Boost
USD/CAD breached the major support level at 1.3850 and settled closer to 1.3800.
- FX Empire
Dollar Wobbles on Reopening Hopes
It was a solid start for European stocks this morning as growing optimism around the reopening of economies outweighed fears over escalating U.S.-China tensions.
- FX Empire
Who Needs China? Optimism and Hope Continue to Drive Riskier Assets Northwards
The markets continue to move northwards. Who needs geopolitical risk, when you have hope? The big question must be whether it can continue…
- FX Empire
Economic Data Puts the EUR and the Greenback in Focus as Risk Appetite Builds
It’s “risk-on” this morning as the markets continue to brush aside U.S – China tensions. Economic data later in the day will garner some attention, however.
- FX Empire
USD/CAD Daily Forecast – Stronger Oil Helps The Canadian Dollar
USD/CAD fell back below 1.4000 as oil managed to rebound after sell-off on Friday.
- FX Empire
Economic Data Puts the EUR in Focus, with Geopolitics and COVID-19 to also Influence
Economic data puts the EUR in focus, while geopolitics and COVID-19 news and numbers will also influence on the day.
- FX Empire
USD/CAD Daily Forecast – Weaker Oil Puts Pressure On Canadian Dollar
USD/CAD rebounded above 1.4000 as the U.S. dollar gains ground on increased demand for safe haven assets.
- FX Empire
Retail Sales Put the Loonie and the Pound in Focus, as Geopolitical Risk Lingers
Retail sales figures will give the Pound and the Loonie direction, with the ECB minutes also in focus. Trump’s Twitter account could be the key driver, however.
- FX Empire
USD/CAD Daily Forecast – U.S. Dollar Rebounds From Strong Support Level
USD/CAD failed to settle below the key support level at 1.3850 and rebounded above 1.3900.
- FX Empire
Private Sector PMIs and Jobless Claims Put the EUR, GBP, and USD in Focus
Private sector PMIs and U.S jobless claims put the EUR, the Pound, and the Greenback in the spotlight. Numbers out of Japan were not inspiring…
- FX Empire
USD/CAD Daily Forecast – Support At 1.3850 Stays Strong
USD/CAD continues its attempts to settle below the key support level at 1.3850.
- FX Empire
Economic Data, the FOMC Minutes and COVID-19 News to Keep the Markets Busy
It’s a busy day ahead. The FOMC minutes late in the day will draw plenty of attention as market optimism of an economic rebound lingers.
- FX Empire
USD/CAD Daily Forecast – Major Support At 1.3850 In Sight
USD/CAD has breached the 1.3900 level and heads towards the test of the major support level at 1.3850.
- FX Empire
Geopolitics and Economic Data Puts the GBP, EUR, and the USD in the Spotlight
It’s a busy day ahead on the economic calendar. There is also geopolitics to consider with over the course of the day.
- FX Empire
USD/CAD Daily Forecast – Canadian Dollar Enjoys Upside
USD/CAD falls below 1.4000 and tests the 50 EMA level at 1.3990 as the sell-off in safe haven assets hurts the U.S. dollar.
- FX Empire
Lower COVID-19 Numbers, Easing Lockdown Measures and OPEC Support Riskier Assets
Oil prices are on the rise and COVID-19 numbers are on the decline as governments ease lockdown measures. it’s “risk-on” early in the day.
- FX Empire
USD/CAD Daily Forecast – Strong Oil Supports The Canadian Dollar
USD/CAD stays close to 1.4100 as the U.S. dollar strength against a broad basket of currencies is balanced by oil price upside.
