CADUSD=X - CAD/USD
| Previous Close | 0.764 |
| Open | 0.764 |
| Bid | 0.764 |
| Day's Range | 0.764 - 0.765 |
| 52 Week Range | 0.7476 - 0.8160 |
| Ask | 0.764 |
- FX Empire•11 hours ago
How to Trade the CAD Ahead of the BOC Meeting?
The Bank of Canada will release the interest rate on October 24, the market is looking for a rate hike. Let’s consider currency pairs that will be affected by the decision of the BOC the most.
- FX Empire•12 hours ago
USD/CAD Daily Price Forecast – USD/CAD Limits Downside Move on Softer Crude Oil Price As Investors Focus on BOC Rate Decision
Fresh selling in Oil caps the downside, as the focus shifts to the BOC rate hike plans.
- FX Empire•yesterday
USD/CAD Daily Price Forecast – USD/CAD on Downtrend Price Action Owing to Spike in Oil Price & Increase in Tensions Between US-Saudi Arabia
Subdued USD demand fails to build on the momentum beyond 1.3100 mark as market focus shifts to this week’s key event risk – BOC monetary policy decision.
- FX Empire•5 days ago
China’s GDP Comes in Softer to Spook the Markets Early
China sees its slowest growth since 2009 to rile the markets in the wake of a Thursday sell-off that came off the back of positive stats out of the U.S.
- FX Empire•5 days ago
USD/CAD Daily Price Forecast – USD/CAD Stable Above 1.30 Handle On Hawkish FOMC Minutes Update
The USD fails to capitalize on early up-move and seemed to cap gains as Falling oil prices weigh on Loonie
FX Empire•6 days agoUK Retail Sales and Brexit News Leaves Focus on the Pound
It’s all eyes on the Pound, with Brexit news and UK retail sales figures to provide direction through the day. Any progress on Brexit to be the key driver.
- FX Empire•6 days ago
USD/CAD Daily Price Forecast – USD/CAD Range Bound Above 1.295 Handle on Firm US Greenback in Broad Market
Today’s US/Canadian data might provide some impetus ahead of FOMC minutes, while a modest USD rebound helped find decent support ahead of 1.2900 handle
- FX Empire•7 days ago
Technical Checks For EUR/USD, USD/JPY, AUD/USD & USD/CAD: 16.10.2018
Even after recovering from 1.1430-25 support-zone, the EURUSD has to surpass 100-day SMA level of 1.1630 in order to justify its strength in targeting the seven-month long descending resistance-line, around 1.1730. Should prices rally beyond 1.1730 on a daily closing basis, the 1.1810 & 1.1850 are likely intermediate halts that can be availed prior to aiming the 1.1920 level, comprising 200-day SMA. In case the pair witness downside pressure, the 1.1520, the 1.1500 and the 1.1430 may entertain short-term sellers before again highlighting the importance of 1.1430-25 area. ...
Reuters•8 days agoCanadian dollar rallies as business optimism backs further rate hikes
Canadian business optimism remained at near-record levels in the third quarter as companies reported rising pressure on capacity, labor and prices amid signs of stronger sales, the Bank of Canada said. "It supports the outlook for higher rates in Canada and particularly toward the end of this month," said Shaun Osborne, chief currency strategist at Scotiabank. "The fact that we got such a positive read, particularly on business investment, before there was clarity on the trade outlook, I think was quite encouraging." All the interviews were carried out before Canada and the United States struck a deal on Sept. 30 on a new trade pact with Mexico.
- FX Empire•8 days ago
USD/CAD Daily Price Forecast – Loonie Gains Upper Hand as Geo-Political Events Drag Down US Greenback
Loonie gains momentum across the board after Bank of Canada business outlook survey update.
- FX Empire•11 days ago
USD/CAD Daily Price Forecast – Loonie & Greenback Play Tug-Off War for Control of Momentum on Last Trading Session of the Week
Bullish oil prices exerts downward pressure for the second straight session, while resurgent US bond yields ease USD bearish pressure and helped limit downfall.
- FX Empire•12 days ago
USD/CAD Daily Price Forecast – USD/CAD Trades Flat near Overnight High’s as Oil Price Goes Down
US Dollar gains as crude oil wtiusd lost over 3% in last 24 hours
- FX Empire•13 days ago
Here’s What You Need to Know About the USMCA Agreement
While the USMCA brings to an end the coveted free trade agreement, as details of the USMCA emerge, a number of changes were made, while both Canada and Mexico are expected to continue to face aluminum and steel tariffs.
- FX Empire•13 days ago
USD/CAD Daily Price Forecast – Canadian Loonie Gains Upper Hand on Weak USD in Broad Market
Upbeat Crude Oil Price and broad based USD keeps the pair in range bound price action.
- FX Empire•14 days ago
EURUSD with a bullish reversal? Bitcoin aims the 5900 USD again
Tuesday could have been a crucial day for the EURUSD. Yesterday the price broke the lower line of the descending triangle but this breakout was false and the price quickly came back above the support. In addition to that, we broke the upper line of this triangle.
- FX Empire•14 days ago
The Aussie and Kiwi Dollar Rally as U.S Treasury Yields Ease Back
Economic data out of Asia give the Aussie and Kiwi Dollars some respite early in the day, while geo-political risk remains the key area of focus.
- FX Empire•14 days ago
USD/CAD Daily Price Forecast – USD/CAD Trade Positive for Seventh Consecutive Trading Session
Surging US bond yields supportive of the prevalent USD bullish move while Pickup in oil prices underpin Loonie and seemed to cap strong gains.
- FX Empire•14 days ago
Technical Updates For EUR/USD, GBP/USD, USD/JPY & USD/CAD: 09.10.2018
Although short-term descending trend-line signals further downside of the EURUSD, oversold RSI & 1.1430-25 support-zone could trigger the pair’s pullback. Given the sellers refrain to respect the 1.1425 mark, the 1.1390 & the 1.1350 may offer intermediate halts during the pair’s drop towards 1.1300 round-figure. Even if the pair manages to conquer aforementioned TL figure of 1.1515, it still needs to surpass the 1.1525-30 region in order to aim for 1.1615 and the 1.1650. It should also be noted that the pair’s sustained trading beyond 1. ...
- FX Empire•15 days ago
Geo-Political Risk and the Greenback Remain in Focus
The Dollar could be in for another move should geo-political risks linger and trade war chatter out of China provide little comfort.
- FX Empire•19 days ago
USD/CAD Daily Price Forecast – USD/CAD Likely to be Volatile
The pair has been moving higher mainly due to the weakness in the CAD on the back of falling oil prices
- FX Empire•20 days ago
USD/CAD Daily Price Forecast – USD/CAD Bounces Off Support
The pair has bounced off support from below the 1.28 region but we believe that the support will undergo more such tests
- FX Empire•20 days ago
Technical Overview of EUR/USD, GBP/USD, USD/CAD & NZD/USD: 03.10.2018
Having bounced off the 1.1535-25 support-zone, EURUSD needs to surpass the 50-day SMA level of 1.1605, followed by the 1.1645 hurdle, comprising 100-day SMA, in order to justify its strength in targeting the 1.1720 and the 1.1750 resistance-levels. However, the 1.1815-20 region could limit the pair’s upside past-1.1750, if not then 1.1900 and the 200-day SMA level of 1.1940 might please the buyers. Alternatively, a D1 close beneath the 1.1525 can quickly fetch the quote to 1.1430 and 1.1330 supports. Also, pair’s sustained decline below 1.1330 can avail 1. ...
- FX Empire•23 days ago
USD/CAD Daily Price Forecast – USD/CAD Lower on NAFTA Deal
The pair has been pushed lower as the CAD gains in strength on reports of a deal being reached over the NAFTA agreement
- FX Empire•23 days ago
The Loonie Spikes on Talk of an Imminent NAFTA Deal
The Loonie was on the move at the start of the 4th quarter, with talks of an imminent NAFTA deal providing support, ahead of a busy week.
- FX Empire•25 days ago
USD/CAD Daily Price Forecast – USD/CAD Stable above 1.30 Handle Ahead of Canadian GDP Data
Subdued USD demand/bullish oil prices exert some additional pressure while CAD gains additional support from Comments by BoC’s Poloz indicating an upcoming rate hike in October.
