CADUSD=X - CAD/USD
| Previous Close | 0.749 |
| Open | 0.749 |
| Bid | 0.749 |
| Day's Range | 0.748 - 0.752 |
| 52 Week Range | 0.7284 - 0.7973 |
| Ask | 0.749 |
- FX Empire•13 hours ago
The Greenback Takes another Step Back as Geo-political Risk Eases
It’s risk-on through the early part of the day, which sees the Dollar on the defensive once more, A light economic calendar put the FOMC in focus.
- FX Empire•3 days ago
USD/CAD Daily Price Forecast – USD Gains Momentum on Weak Crude Oil Price
A sharp fall in oil prices undermined Loonie and helped USD regain positive momentum ahead of US macro data updates.
- FX Empire•4 days ago
The USD is on the Back Foot as Risk Appetite Kicks in Ahead of Today’s Stats
Optimism on trade and the Brexit delay supported risk appetite early on. Economic data out of the U.S will need to be good to reverse early losses.
- FX Empire•4 days ago
Sterling Drops With The Continued Brexit Drama
Pound awaits UK-US deal; Poor Chinese Industrial Data uplifts USD/CNY; AUD in torment with Yen; WTI price fall affects USD/CAD
- FX Empire•4 days ago
USD/CAD Daily Price Forecast – USD/CAD on Sharp Upside Move As USD Rebounds
USD Regains strength ahead of American market hours as investor sentiment turned risk averse following Sino-U.S. trade deal related headlines and declining crude oil price in broad market.
- FX Empire•5 days ago
Is the Pound in Store for Another Brexit Shocker?
It’s a 3rd Brexit vote of the week and this could ultimately decide whether Britain leaves the EU with or without a deal.
- FX Empire•5 days ago
UK Pound Gathering Strength Under Brexit Hopes
Positive Durable Goods Order data merely supported the plunging USD Index; Yen to remain silent amid risk-sentiments; AUD drifts near two-month low
- FX Empire•5 days ago
USD/CAD Daily price Forecast – USD/CAD Rangebound Near Weekly Lows Ahead of US PPI Update
Bullish oil prices underpin Loonie adding a high level of downward pressure on USD as investors await US macro data for short term profit opportunities.
- FX Empire•6 days ago
Brexit and the Pound in the Spotlight – Parliament Could Vote for a No-Deal
It’s all eyes on Parliament today. Could members of Parliament actually vote in favor of a no-deal Brexit?
- FX Empire•7 days ago
Brexit and Economic Data Put the Pound Front and Center
It’s a positive start to the day for the Pound. Markets have a worst-case scenario being a delay, while a soft could be the outcome if Theresa May wins.
- FX Empire•9 days ago
U.S. Dollar Supported by Dovish Central Bank Activity
Since the Euro carries the greatest weight in the dollar index, it gave the index the greatest boost. The BOE warned that Europe’s financial system faces “potential risks” to its stability arising from a no-deal Brexit. The U.S. Dollar strengthened against the Canadian Dollar after the Bank of Canada (BOC) left its overnight rate at 1.75 percent as expected, citing a slowdown in the global, as well as Canadian economies.
- FX Empire•10 days ago
USD/CAD Daily Price Forecast – USDCAD Rangebound Ahead of US NFP Data
USDCAD pair is trading range bound with momentum in favor of USD as investor sentiment is risk averse and cautious ahead of macro data updates.
- FX Empire•11 days ago
China Data Disappoints as Focus Shifts to NFP Data and the U.S Dollar
Trade data out of China weighed on risk sentiment early on, as focus shifts to the nonfarm payroll and wage growth figures out of the U.S.
- FX Empire•11 days ago
USD/CAD Daily Price Forecast – USD/CAD Declines As Crude Oil Rebounds
The pair is currently in consolidative price action as bulls lack strength to move higher while investors await US NFP data for directional cues.
- FX Empire•12 days ago
It’s all Eyes on Draghi – Will it be a Wait and See or Panic Stations?
Trade data gives the Aussie Dollar an early boost as the market shift focus towards this afternoon’s ECB press conference.
- FX Empire•12 days ago
USD/CAD Daily Price Forecast – USD/CAD Hits 3-Week High On Declining Crude Oil Price
USDCAD is awaiting directional cues having breached 3-week highs and macro data outcome from US & Canada today will likely facilitate further bullish price action.
- FX Empire•13 days ago
The Aussie Dollar Sinks in the Early Hours. Will the Loonie Follow?
GDP numbers out of Australia added to the doom and gloom early on. The Bank of Canada could sink the Loonie later today. Stats support a more dovish outlook.
- FX Empire•13 days ago
USD/CAD Daily Price Forecast – USD/CAD Consolidated Near Multi Week Highs
A combination of factors weighs on Loonie providing USD with the support needed to stay near multi-week highs.
- FX Empire•13 days ago
The Power of the Dollar seen from Gold, USDCAD and GBPUSD
Gold is not slowing down. Now, bearish momentum is very strong and we have high chances to reach the 38,2% Fibonacci level on the 1277 USD/oz. What is happening here is the price creating an inverse head and shoulders pattern.
- FX Empire•14 days ago
China Economic Data Weighs as Focus Shifts to the EUR and the Dollar
It’s risk off through the early part of the day. Economic data out of China suggests more doom and gloom as the National People’s Congress gets underway.
- FX Empire•14 days ago
USD/CAD Daily Price Forecast – Upside Move Influenced By Upbeat US T.Yields
The pair is trading range bound as USD regained strength while positive oil prices underpin Loonie keeping a lid on any strong follow-through upside move.
- FX Empire•15 days ago
The Weekly Wrap – The EUR and the Pound Saw Green, while the Loonie Tanked
It was a choppy week, with economic data, central bank chatter and geopolitics contributing to the moves in the week.
- FX Empire•17 days ago
USD/CAD Daily Price Forecast – Positive Crude Oil Price Keeps USDCAD Rangebound Ahead of US PMI Update
US macro data eyed for directional cues as the trading session comes to close for the week.
- FX Empire•18 days ago
A Busy Economic Calendar Puts the EUR, Loonie and Dollar in Focus
A busy economic calendar puts the EUR and the Dollar in the spotlight. GDP numbers out of Canada will also be watched closely.
- FX Empire•18 days ago
USD/CAD Daily Price Forecast – USDCAD Rangebound Near Mid-1.31 Handle Ahead of Powell’s Speech
Softer Canadian macro data and positive preliminary GDP data from the USA weighed down loonie while a late rebound in crude oil price prevented the dollar’s recovery rally.
