CADUSD=X - CAD/USD
| Previous Close | 0.747 |
| Open | 0.747 |
| Bid | 0.748 |
| Day's Range | 0.746 - 0.748 |
| 52 Week Range | 0.7439 - 0.8160 |
| Ask | 0.748 |
- FX Empire•13 hours ago
USD/CAD Daily Price Forecast – USD/CAD Range Bound Near 1.34 Handle
The USD struggles to build on the overnight upsurge owing to lack of bullish triggers.
- FX Empire•2 days ago
USD/CAD Daily Price Forecast – USD/CAD Rebounds From Intra-day Lows Amid Subdued Crude Oil Price Action
USD/CAD pair trades bearish but downside limited owing to subdued crude oil price action.
- FX Empire•4 days ago
Technical Outlook For USD/CAD, AUD/CAD & NZD/CAD: 07.12.2018
Even after trading at the highest levels in eighteen-months, the USDCAD has to close beyond 1.3410 on a weekly closing basis in order to aim for 1.3450 and the 1.3500 resistances-levels; however, the 1.3585-1.3600 confluence-region, including upper-line of an ascending trend-channel & horizontal-barrier, can confine the pair’s upside if at all it crosses 1.3500 mark. In case prices rally above 1.3600, the 1.3650 & 1.3740 may offer intermediate halts prior to highlighting the 1.3800 resistance. Alternatively, the 1.3330 & the 1. ...
- FX Empire•5 days ago
USD/CAD Daily Price Forecast – USD/CAD Flat Near Overnight Highs Ahead of US NFP Data
Dovish BoC outlook/falling oil prices continue to weigh on commodity-linked Loonie as investors await monthly jobs report from the US and Canada.
- FX Empire•6 days ago
USD/CAD Daily Price Forecast – USD/CAD on Bull Run as Loonie Turned Dovish Post BOC’s Cautious Remarks in the Policy Statement
USD/CAD headed to highest daily close of the year after hitting 20 month high.
- FX Empire•6 days ago
Trade Hits the Aussie, with Brexit and GBP Still in the Limelight
It’s a choppy start to the day and unlikely to get better, with a heavy set of stats out of the U.S, Brexit and Trade Chatter to drive the majors.
- FX Empire•7 days ago
USD/CAD Daily Price Forecast – USD/CAD Hits One Week High On USD Rebound
USD/CAD regains on strong rebound in US Greenback owing to safe haven demand and slide in crude oil price but the pair is likely to trade range bound during American market hours as US market is closed today which could result in reduced liquidity.
- FX Empire•7 days ago
National Day of Mourning Puts the Spotlight Back on Brexit and the GBP
With the U.S markets closed focus shifts back to the Pound, which is under intense pressure as British PM struggles in the Commons.
- FX Empire•8 days ago
USD/CAD Daily Price Forecast – USD/CAD Turns Dovish on Crude Oil Price Action & Falling US T.Yields
A sharp fall in the US bond yields exerts downward pressure on the USD.
Reuters•22 days agoCanadian dollar edges lower as trade tensions weigh on risk assets
Deep divisions on trade between Washington and Beijing were evident at the Asia-Pacific Economic Cooperation summit, with leaders on Sunday failing to agree on a communique for the first time in their history. U.S. Vice President Mike Pence said in a blunt speech on Saturday that there would be no end to U.S. tariffs on $250 billion of Chinese goods until China changed its ways. "The Canadian dollar is still very much leveraged to global demand," said Bipan Rai, North America Head, FX strategy at CIBC Capital Markets.
- FX Empire•23 days ago
Powell Questioned the Dollar’s Growth Trend
Last week, Powell highlighted the growth of volatility in the global financial markets, the fading effect of tax reform, as well as the decline in demand outside the United States. All these factors, as noted by the head of the Fed, may interrupt rising rates by the middle of next year.
- FX Empire•23 days ago
USD/CAD Daily Price Forecast – USD/CAD Turns Range Bound as Greenback Lacks Strength to Breakthrough
Bullish oil prices underpin Loonie while modest rebound in USD demand following cautious investor sentiment in early Asian market hours keeps pair range bound.
- FX Empire•24 days ago
U.S. Dollar – Three Factors Signaling Major Top
The combination of the tame inflation report, comments from Fed Chair Powell on cooling global demand and the dovish comments from Fed Vice Chair Clarida stating the Fed is getting closer to neutral, are all signs the Fed may slow its pace of rate hikes and this should be bearish for the U.S. Dollar.
- FX Empire•26 days ago
USD/CAD Daily Price Forecast – USD/CAD Near Weekly Lows As Loonie Gained Upper Hand With Rising Crude Oil Price
Subdued USD price action does little to lend any support or stall the ongoing corrective slide.
- FX Empire•26 days ago
Brexit and a Choppy GBP, with the EUR and Inflation in Focus
With economic data on the lighter side, we can expect geo-politics to continue to take center stage, the Pound in desperate need of good news.
- FX Empire•27 days ago
USD/CAD Daily Price Forecast – USD/CAD Trades Range Bound For Fourth Consecutive Trading Session
Bearish sentiment around crude oil price continues to undermine Loonie
- FX Empire•28 days ago
Theresa May and Brexit Put the Pound Front and Centre
While inflation figures out of the UK and U.S and 3rd quarter GDP numbers out of Germany will be in Focus, it could all come down to Brexit and Italy.
Reuters•28 days agoCanadian dollar steadies after hitting four-month low on oil price slump
The price of oil, one of Canada's major exports, plunged to lows not seen since last November due to ongoing worries about weakening global demand, oversupply and declines across other asset classes, including equities. U.S. crude oil futures settled 7.1 percent lower at $55.69 a barrel. The slide in oil prices "is delivering a very, very hard blow to the Canadian dollar," said Karl Schamotta, director global markets strategy at Cambridge Global Payments.
- FX Empire•28 days ago
USD/CAD Daily Price Forecast – US Greenback Losses Ground To Canadian Loonie Over Subdued Demand and Profit Booking Activities
A subdued USD demand prompts some profit-taking after the recent upsurge.
- FX Empire•29 days ago
The EUR and the Pound Remain in the Spot Light as Geo-Political Risk Spikes
Economic data is likely to have a relatively muted impact on the majors through the day, with heightened geo-political risk to drive the EUR and the GBP.
Reuters•29 days agoCanadian dollar edges higher, oil price rebound supports
The Canadian dollar edged higher against a broadly stronger U.S. dollar on Monday, supported by a bounce in the price of oil, but remained close to the multi-month low touched on Friday. The price of oil, ...
- FX Empire•last month
USD/CAD Daily Price Forecast – Loonie Plays Tug Off With USD As Crude Oil Price Rebounds
The Canadian dollar is quietly outperforming other major global currencies today.
- FX Empire•last month
Brexit and Italy Put the Pound and the EUR in the Mix
Brexit and Italy will be in focus through the day, the EU Commission the common denominator, placing GBP and the EUR in the spotlight.
- FX Empire•last month
Strength in Dollar Driven by Hawkish Fed, Safe-Haven Buying
Ahead of the new week, buyers are likely to continue to support the dollar for two reasons: the Fed is still hiking rates and trade tensions are still making the greenback an attractive safe haven asset.
