CADUSD=X - CAD/USD
| Previous Close | 0.744 |
| Open | 0.744 |
| Bid | 0.744 |
| Day's Range | 0.744 - 0.744 |
| 52 Week Range | 0.7284 - 0.7821 |
| Ask | 0.744 |
- FX Empire•2 days ago
Forex Daily Recap – Cable Shoots on New Prime Minister Hopes
Greenback dropped to weekly low levels as April Goods Orders reports came out below estimates. Loonie extended yesterday’s plunge rally. XAU/USD pair is trading 0.55% weekly up.
- FX Empire•2 days ago
USD/CAD Daily Forecast – Loonie Make a Dip Ahead of US Goods Orders Data
Crude Oil prices showed slight recovery signs as traders felt a firm trend in global trade. However, escalating Trade tensions capped further Oil gains.
- FX Empire•2 days ago
Brexit, Elections and Economic Data Keep the GBP and USD in the Spot Light
Brexit and EU Elections along with UK retail sales figures to influence the GBP, with durable goods orders out of the U.S also in focus.
- FX Empire•3 days ago
Forex Daily Recap – Greenback Slipped Amid Poor Unemployment, PMI, & New Home Sales Data
The Euro pair seesawed throughout the day. Greenback rivals benefitted out of its fall. Crude Oil plummeted around 6% today, allowing the Loonie to continue the upward movement.
- FX Empire•3 days ago
USD/CAD Daily Price Forecast – Loonie Skyrocketing to Weekly Top Levels Amid 1.67% Drop in Oil Prices
Overnight fall in the Crude prices helped the pair reach new heights. The pair gained further traction underpinned the strong Green money. USD/CAD pair stay positioned above the Green Ichimuko Clouds.
- FX Empire•3 days ago
U.S. Dollar Index Futures (DX) Technical Analysis – Jump in Euro Zone PMI Could Spike Dollar Index Lower
Based on the early price action, the direction of the June U.S. Dollar Index on Thursday is likely to be determined by trader reaction to yesterday’s close at 97.881. Better-than-expected data could spike the Euro higher and the U.S. Dollar Index lower. The index could make a new high for the year if the data comes in weaker than expected.
- FX Empire•4 days ago
Forex Daily Recap – FOMC Minutes Revealed No Rate Change in the Near Period
MPs might reject May’s new improvised deal for the fourth consecutive time. Oil prices dropped over huge crude stockpiles as per EIA report. Trump eye on more Chinese Survellience firms.
- FX Empire•4 days ago
USD/CAD Daily Forecast – Loonie Spurts Down Ahead of CAD Retail Sales & FOMC Minutes
Crude Prices fall to near $62.35 bbl as OPEC+ members cast contrasting comments over Oil production. Sinking USD Index drags down the Loonie to 10-days low.
- FX Empire•4 days ago
UK Inflation, EU Elections and the FED Minutes Put the GBP and USD in Focus
UK Inflation and European politics to whipsaw the Pound ahead of the FED monetary policy meeting minutes later today.
- FX Empire•5 days ago
Forex Daily Recap – RBA Minutes Hinted for a Rate Cut Triggering Heavy Selling in the Aussie Pair
Crude Oil WTI Futures continued to climb the ladder amid OPEC-led supply cut fears. PM May stated that she will give MPs last chance to back her “new improvised deal”. EUR/USD pair uplifted on USD plunge.
- FX Empire•5 days ago
USD/CAD Daily Forecast – Oil Price Upshot Amid Global Cues Undermining the Loonie
The Loonie is getting dragged due to rising crude prices. During the Asian session, the pair had attempted to resist the downfall but failed to persist. Traders expect upside on the release of US Housing Data.
- FX Empire•5 days ago
U.S. Dollar Index Futures (DX) Technical Analysis – May 21, 2019 Forecast
Based on the early price action and the current price at 97.900, the direction of the June U.S. Dollar Index the rest of the session is likely to be determined by trader reaction to the downtrending Gann angle at 97.950.
- FX Empire•6 days ago
Forex Daily Recap – Investors Anxious on Chinese Retaliation Over US Blacklisting Huawei
The Safe-haven pair dropped from last week’s high amid positive Japanese data and plunging USD Index. Iran Foreign Minister commented on Trump’s tweets against Iran as “genocidal taunts”.
- FX Empire•6 days ago
USD/CAD Daily Forecast – Loonie may Correct Further as Trade Tensions Escalate
The Greenback may fall in the near term from its top levels soon as US-Sino trade talks head in the wrong direction. The Canadian economy may benefit from the recent US Aluminum-Steel tariff cuts.
- FX Empire•9 days ago
Forex Daily Recap – Loonie Bears Took Charge Amid Trade Settlement Uncertainties
Robust growing USD Index pushed down all its major rivals. Hence, EUR/USD pair plunged despite positive Euro-specific data. Meanwhile, the Cable continued to douse in fall amid Brexit chaos.
- FX Empire•9 days ago
USD/CAD Daily Price Forecast – Loonie Bulls Catching Momentum
Crude Oil WTI Futures remains 3.85% up since Monday opening. Loonie went breakthrough the robust 1.3493 resistance level during the Asian trading session.
- FX Empire•9 days ago
A Quiet Economic Calendar Leaves Trade Chatter in Focus
A relatively quiet economic calendar leaves Brexit and trade war chatter in focus. Is the trade spat about to get worse and can Theresa May deliver?
- FX Empire•10 days ago
Forex Daily Recap – The USD Index Recovered Amid Sound US Economic Data
Loonie remained seesawed during the day. The Aussie pair continued plunge rally for four days in a row. The Fiber lost hold of its early consolidation mode and slipped to weekly lows near 1.1173 levels.
- FX Empire•10 days ago
USD/CAD Daily Price Forecast – Loonie Traders Await BoC Gov Poloz’s Talks
US President Trump calls-off all its Non-emergency Diplomatic Staffs to leave Iran following multiple attacks on Saudi Oil supplies. USD/CAD pair at its weekly low amid Crude price upsurge.
- FX Empire•10 days ago
Aussie Stats Weigh as the Markets Digest Trade Talk
The Aussie Dollar touches sub-$0.69 as more stats disappoint. Chatter on trade and a sparse economic calendar will be in focus today.
- FX Empire•11 days ago
Forex Daily Recap – EUR/USD Suffered Massive Pullback Following Italy’s Threat to Violate EU Fiscal Rules
The Greenback slipped drastically over poor US April Retail Sales figures. USD/CNY pair got elevated earlier the day underpinned weaker-than-expected Chinese data.
- FX Empire•11 days ago
USD/CAD Daily Price Forecast – Loonie Attempts Breaching Robust 1.3488 Resistance Levels
API Crude Inventory reported higher number than street expectations which erased the crude’s morning gains. However, tensions over Saudi Oil Supply attacks continue to push the prices upwards.
- FX Empire•11 days ago
As China Data Disappoints, the Focus Shifts to the EUR and GDP Numbers
Economic data out of China set the tone early. How much of an impact has the trade war really had on both economies? Are we about to find out?
FX Empire•12 days agoForex Daily Recap – Fiber Slipped 0.37% with Surprise ZEW Number
The Brexit deadlock continued to trouble the Cable. Crude prices jumped for the second time in this week following a drone attack on the Saudi State Oil Company.
- FX Empire•12 days ago
USD/CAD Daily Price Forecast – Loonie Consolidating Near 1.3460/70 Levels
The OPEC member, Saudi Arabia, claims that the recent attack on its two oil tanks alarms for supply security concerns. Crude upsurged reaching near $61.11 bbl.
