USD/CAD: Critical support aligns at 1.2675/70 – Scotiabank
USD/CAD continues to hold its well-established range around 1.27. Economists at Scotiabank highlights the key
Financial and Business News
USD/CAD continues to hold its well-established range around 1.27. Economists at Scotiabank highlights the key
USD/CAD is under pressure again as markets move into consolidation. Oil prices and Fed speakers
USD/CAD attracted some dip-buying on Friday, though lacked any follow-through. Retreating oil prices undermined the
USD/CAD is sensing resistance near 1.2715 as WTI prices consolidate. The risk-off impulse in the market
A combination of factors failed to assist USD/CAD to capitalize on its modest intraday gains.
USD/CAD snaps two-day uptrend, justifies bearish candlestick formation. Downbeat Momentum line, short-term bearish chart pattern
USD/CAD regained positive traction on Tuesday and was supported by a combination of factors. Retreating
Good fundamentals, despite last week’s grim jobs figures, are likely generating some support for the
USD/CAD snaps two-day uptrend, retreats from one-week high. Oil prices stay firmer on geopolitical fears,
USD/CAD bulls need to move in at this juncture or face significant risks of a