The CAD Keeps Falling As
The rate of USD to CAD continues to surge higher after breaking above the channel and today it climbed further to 1.2847 after the inflation Full Article
Where Will USD/CAD Head After the Canada Inflation CPI?
USD/CAD broke above the ascending range last week after dovish comments by the BOC and today's CPI inflation might send this pair higher. Full Article
USD to CAD Rate 1.5 Cent Higher After Dovish BOC Policy Decision
The USD to CAD exchange rate has surged 1.5 cents as the Bank of Canada starts to give dovish signals, pointing to rate cuts soon. Full Article
Forex Signals Brief April 10: RBNZ is Done, US CPI and BOC Coming Up
Today we have two central banks, with the RBNZ and the BOC besides the FOMC minutes, but everyone is looking at the CPI report Full Article
Lower CAD to USD After Soft Canadian Jobs Report
Yesterday we saw weakness in CAD to USD rate, after a strong US NFP jobs report and weak Canadian jobs data, sending USD/CAD 50 pips higher Full Article
USD/CAD Keeps in the Ascending Channel After Positive Canada GDP
USD/CAD has been trading in an ascending channel, and today we're seeing a retreat after the upbeat Canada GDP report for February Full Article
CAD to USD Rate Stays In the Channel After Canada Retail Sales
The rate of CAD to USD continues to bounce around, with USD/CAD trading inside a bullish channel since the beginning of 2024. Full Article
CAD to USD Rate Above1.36 After Soft Canada CPI Figures
The CAD to USD rate has been bouncing between moving averages in a 1-cent range but today's CPI (consumer price index) inflation report brok Full Article
1-Cent Gain for CAD to USD Rate After BOC Inflation Comments
Yesterday bank of Canada held its meeting, which sent the CAD to USD rate 1 cent higher, as USD/CAD fell from 1.35 to 1.35. Full Article
BoC Keeps Rates on Hold – USDCAD Drops 77 Pips
Governor Macklem press conference: the central bank can’t put a rate cut schedule on the calendar. Full Article
USD/CAD Continues to Bounce Within A Range
USD/CAD reversed off the ascending trend line yesterday, as the up and down action within the range continues Full Article
USD/CAD Remains Down After BOC Keeps Rates on Hold Again
The Bank of Canada held interest rates unchanged at 4.50%, but USD/CAD remains bearish on USD weakness after soft US CPI numbers Full Article
BOC Adds Another Reason for the CAD to Rally, After Oil Output Cut
USD/CAD has been bearish for most of March and the decline is picking up pace as Oil jumps while recession fears subside Full Article
Forex Signals Brief for March 21: Inflation Expected to Slow in Canada Too
Markets seem calmer this week as we head into the FOMC rate decision tomorrow, while today we have the CPI inflation from Canada Full Article
Looking to Buy the Retreat in USD/CAD, Gold on Softer USD Today
USD/CAD has retreated 80 pips lower since yesterday, but the overall trend is bullish so we are looking to open a buy forex signal here Full Article