USD/CAD holds steady near 1.2600, just below multi-week peak ahead of Canadian jobs data
USD/CAD was seen consolidating this week’s strong recovery move from the YTD low. An uptick
Financial and Business News
USD/CAD was seen consolidating this week’s strong recovery move from the YTD low. An uptick
Key Canadian data will be released on Friday with the March employment report. Analysts at
Failed attempt of loonie bulls to drag the asset below the March lows has fetched
Analysts at MUFG Bank, point out the higher price of crude oil should encourage a
A combination of factors dragged USD/CAD lower for the second successive day. Rising oil prices
USD/CAD bears throwing in the towel in an area of historic demand. The bulls are
USD/CAD remains weighed down by rebounding oil prices and a weaker US dollar. WTI price
USD/CAD trimmed nine consecutive days of losses. However, economists at Scotiabank still expect the pair
Auction below the ascending triangle formation is making the loonie bulls hopeful. Loonie bulls await
USD/CAD fell sharply at the end of last week after closing below the key 2021