CADUSD=X - CAD/USD
| Previous Close | 0.708 |
| Open | 0.704 |
| Bid | 0.704 |
| Day's Range | 0.704 - 0.704 |
| 52 Week Range | 0.6818 - 0.7740 |
| Ask | 0.704 |
- FX Empire
USD/CAD Daily Forecast – Canadian Dollar Is Supported By Surging Oil Prices
USD/CAD consolidates near 1.4150 as safe haven purchases of U.S. dollar are offset by the strength in the oil market.
- FX Empire
Service Sector PMI and U.S Nonfarm Payrolls Put the EUR and USD in the Spotlight
Nonfarm payrolls and service sector PMIs are in focus today. With the West in shutdown mode, both labor market numbers and PMIs are expected to be dire…
- FX Empire
USD/CAD Daily Forecast – Stuck Between U.S. Initial Jobless Claims And Trump Tweet
Canadian dollar loses ground following weak U.S. Initial Jobless Claims data but rebounds after the surge in oil prices.
- FX Empire
USD/CAD Daily Forecast – Virus Worries Push U.S. Dollar Higher
USD/CAD gains ground as global markets turn red amidst worsening situation with coronavirus.
- FX Empire
The Stalled Rebound: Markets Brace yourselves for a Longer Recovery
The recovery in equity markets has stalled along with new evidence of accelerating coronavirus spreading. There is a saying in the market: ” when the US is coughing, the world has a fever”.
- FX Empire
Economic Data May not Be Enough to Shift Focus as COVID-19 Continues to Spread…
A busy economic calendar may not be enough to distract the markets. The virus continues to spread at a sharp pace in spite of lockdown measures…
- FX Empire
USD/CAD Daily Forecast – Volatile Trading Action Tests Both Support And Resistance Levels
The Canadian dollar manages to rebound against the U.S. dollar following the release of the positive Chicago PMI data.
- FX Empire
A Busy Economic Calendar Puts the EUR, GBP and USD in Focus
PMI numbers out of China impress early. Will a busy economic calendar be enough to distract the markets from the continued spread of COVID-19?
- FX Empire
USD/CAD Daily Forecast – U.S. Dollar Continues To Rebound As Oil Moves Lower
USD/CAD gets support above the 20 EMA at 1.4050 and moves higher to test resistance at 1.4150.
- FX Empire
The Dollar Finds Support as the Latest Coronavirus Numbers Weigh on Risk Appetite
It’s bearish start to the day, with the continued rise in coronavirus cases raising the prospects of a lengthier economic meltdown…
- FX Empire
USD/CAD Daily Forecast – U.S. Dollar Tries To Rebound As Oil Plunges
USD/CAD tries to rebound on oil price weakness but this attempt is met by increased selling pressure at 1.4150.
- FX Empire
A Relatively Quiet Economic Calendar Leaves the Spotlight on the Coronavirus
China’s industrial profits tested risk appetite early on, with stats later today unlikely to have a material impact as the governments battle on.
- FX Empire
USD/CAD Daily Forecast – Canadian Dollar Rallies Against The U.S. Dollar
Widespread market optimism pushes the pair through the 1.4330 support level and quickly takes it closer to 1.4000.
- FX Empire
The U.S Stimulus Bill and Weekly Jobless Claims to Drive Risk Appetite
The BoE and ECB will garner some attention, though expect updates from Capitol Hill and U.S weekly jobless claims figures to steel the show.
- FX Empire
USD/CAD Daily Forecast – Canadian Dollar Shows Strength Despite Oil Price Weakness
USD/CAD tries to settle below the support at 1.4330.
- FX Empire
Comdolls Reach Higher Amid Stimulus Hopes
The Australian dollar, New Zealand dollar and Canadian dollar powered higher in early trading on Wednesday.
- FX Empire
USD/CAD Daily Forecast -The Canadian Dollar Fails To Rebound
Oil price weakness hurts the Canadian dollar which is unable to show any strength despite the risk-on mood in the world markets.
- FX Empire
USD/CAD Daily Forecast – Low Oil Stops The Canadian Dollar Upside
Oil price weakness pushes the Canadian dollar lower despite new quantatitive easing program from the U.S. Federal Reserve.
- FX Empire
A Global Shutdown and Continued Spread of the Coronavirus to Overshadow any Stats
Market turmoil resumes early in the Asian session as the markets react to the latest coronavirus containment measures and numbers.
- FX Empire
USD/CAD Daily Forecast – U.S. Dollar Loses Ground
The Canadian dollar shows strength as USD/CAD got too stretched after a major rally.
- FX Empire
Calm After the Storm. Before Maybe Too…
Last trading day of the week is a time for a correction on almost all instruments on the market.
- FX Empire
The US Dollar Is Dangerously Close to a Breakout
While the equity markets have somewhat settled this week, the US dollar is making headlines as the trade-weighted dollar index has reversed sharply higher since last Monday.
- FX Empire
Risk Appetite Trickles Back Early in Response to Stimulus though COVID-19 News Updates Could Test Later
Coronavirus news updates and government and central bank action remain the key drivers as the week comes to a close.
- FX Empire
USD/CAD Daily Forecast – Canadian Dollar Rebounds Together With Oil
Bargain hunters step in to purchase Canadian dollar as oil gets off its recent lows.
- FX Empire
Economic Data Gets Brushed aside as the Dollar Reminds Trump Who’s Boss
While economic data was brushed aside early this morning, expect U.S weekly jobless claims to garner some interest.
