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Tag: USDCAD

USDCAD Technical Analysis – We got a breakout! | Forexlive

USDThe Fed left interest rates unchanged as expected at the last meeting with basically no change to the statement. The Dot Plot still showed three...

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USDCAD retests the high swing area between 1.36049 – 1.36269 | Forexlive

The USDCAD is extended to a new session high, and in the process is back testing the swing area between 1.36049 and 1.36269 (the...

Intraday Analysis – The Dax Attempts Another Record – Orbex Forex Trading Blog

GER 40 holds on to gains The Dax 40 saw another record high has the economy brushed off recession fears. Bears have had a...

Intraday Analysis – The Dollar Awaits Fed’s Signal – Orbex Forex Trading Blog

EURUSD hitting resistance The US dollar gained over 80 pips as traders prepared for a dovish Fed testimony. A drop below 1.0930 shows...

The Week Ahead – Another Backward Step – Orbex Forex Trading Blog

AUDUSD inflation rate still poses a threat The Australian dollar gathered strength after a pop above the latest resistance of 0.6600. The weakness in...

Canadian Inflation: BOC to Follow the Fed? – Orbex Forex Trading Blog

After its last meeting, the BOC was talking tough on rates, saying that inflation would remain high for the first half of this year....

USDCAD Technical Analysis – All eyes on the US CPI report today | Forexlive

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...

CIBC now sees one fewer Bank of Canada rate cut this year | Forexlive

Canada added 37.3K jobs in January compared to 15K expected. The unemployment rate fell to 5.7% from 5.9% as labor force participation also slipped....

USD/CAD – Rebound running on fumes ahead of Canadian employment data – MarketPulse

US jobless claims no longer trending lower Canadian unemployment...

The Week Ahead – Time for a Rebound – Orbex Forex Trading Blog

AUDUSD drops with decreased risk appetite The Australian dollar fell through a significant support zone as the market remains risk-off. The US dollar’s strength...

USD/CAD – US spending data boost the greenback – MarketPulse

US PCE m/m 0.2%, core PCE m/m 0.2%  US...

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