USDCAD
USDCAD set for its most volatile week of 2024
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05 JUN clock 11:26

USDCAD set for its most volatile week of 2024

Markets are expecting a Bank of Canada rate cut later today (Wednesday), while Friday’s US nonfarm payrolls (NFP) report could inject further volatility for USDCAD. These top-tier economic events could amplify the loonie's struggles.
CAD USDCAD loonie Bank of Canada Oil Brent
USDCAD is testing key resistance level at 200-period SMA
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07 FEB clock 10:28

USDCAD is testing key resistance level at 200-period SMA

A break below this important level could drag the pair lower towards potential support levels: (1) 21-period SMA (1.345324) and (2) 23.6 (1.34572) Fibonacci level.
Canadian Dollar CAD USDCAD technicals
USDInd slips below 200-SMA ahead of US PMI reading
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24 JAN clock 09:56

USDInd slips below 200-SMA ahead of US PMI reading

US dollar index consolidates at around 103.363 ahead of US macro-economic readings: PMI – today & Q4 GDP – tomorrow.
US Dollar USD index DXY USDCAD GBPUSD
USDInd rebounds towards 21-SMA
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06 DEC clock 12:15

USDInd rebounds towards 21-SMA

Next week sees the final FOMC meeting of the year with markets primed, locked and loaded for over 120bps of rate cuts in 2024.
Dollar index DXY EURUSD USDCAD NFP
CAD on guard even as Bank of Canada holds
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25 OCT clock 11:39

CAD on guard even as Bank of Canada holds

The Canadian dollar, a.k.a. "loonie", has struggled recently and may well continue to do so if the central bank meeting today doesn’t keep the mildly hawkish narrative going.
Bank of Canada loonie USDCAD USD index