Daily Commentary
US Dollar vs Canadian Dollar: USD/CAD should trade within the 1.0250 to 1.0425 zone this week as upcoming Canadian releases are expected to show improving economic growth seeing us trade towards...
US Dollar vs Canadian Dollar: USD/CAD tested the 1.0300 and is following general market sentiment. Next week’s U.S. and Canadian data releases may add to the volatility expected in th...
US Dollar vs Canadian Dollar: USD/CAD topped out at 1.0420 yesterday and has retraced 100 points as we follow general market sentiment. The Canadian Dollar is still very much held hostage b...
US Dollar vs Canadian Dollar: USD/CAD has traded up to 1.0385 and will follow general market themes ahead of next week’s slew of Canadian data. Traders are looking for a continued slow gri...
US Dollar vs Canadian Dollar: USD/CAD has traded in a quiet range overnight after trading near the short term target of 1.0280 yesterday as BoC Governor Carney’s speech provided no drama.&...
US Dollar vs Canadian Dollar: USD/CAD has drifted higher and will need to hurdle the 1.0250-1.0280 area in order to revisit recent highs at 1.0500. Today’s 1 PM EST speech by BoC Gove...
US Dollar vs Canadian Dollar: The Canadian Dollar, being a risk currency, suffered a 2% drop vs. the USD yesterday and remains near its lows vs. most of its G7 counterparts. We remain in ou...
US Dollar vs Canadian Dollar: USD/CAD is trading in a 50 point range, also laying low into the weekend summit. The Canadian dollar continues to do well on the market’s perception the...
US Dollar vs Canadian Dollar: The Bank of Canada is set to release their rate policy decision at 9AM where there result will be no movement in rates. Global concerns are still dominating the Ban...
US Dollar vs Canadian Dollar: USD/CAD bounced hard off the 1.0080 low on Friday morning holding daily trend line support which is currently at 1.0082. With the BoC announcement on Tuesday shapin...
Dealers' desk forex news is provided by OzForex Pty Ltd.
