USD/CAD drops to fresh weekly low, eyeing 1.2800 ahead of Canadian GDP/US macro data
USD/CAD witnessed some selling for the third successive day and refreshed weekly low on Thursday.
USD/CAD: Loonie to relax on the holidays and start to surge higher in 2022 – Scotiabank
The loonie reluctantly firms up on a supportive fundamental backdrop. Economists at Scotiabank expect the
USD/CAD: Loonie to march forward into 2022 – BMO
The loonie is ending 2021 on a somewhat sour note, almost exactly unchanged from levels
USD/CAD: Forecasts revised to the upside for next months – Danske Bank
In light of recent events, analysts at Danske Bank revised to the upside their forecasts
USD/CAD struggles around 1.2900 amid weaker oil prices, risk-off mood
USD/CAD grinds higher following the highest daily close in 2021. Risk appetite sours amid Omicron
USD/CAD Price Analysis: Break of weekly support directs bears to 200-HMA
USD/CAD remains pressured after two-day downtrend, sidelined of late. 50% Fibonacci retracement, RSI rebound challenge
USD/CAD slides back closer to session low, downside potential seems limited
A combination of factors failed to assist USD/CAD to capitalize on its modest intraday gains.
USD/CAD to extend its advance towards the 1.28 area – Scotiabank
USD/CAD’s rebound from the low 1.26 area looks poised to extend somewhat. Economists at Scotiabank
USD to strengthen against EUR and JPY next year, CAD and NOK to stand out – Morgan Stanley
Economists at Morgan Stanley still think US Treasury yields will rise and the US dollar
USD/CAD: Test of 1.2950/1.3020 is expected – SocGen
USD/CAD trades closer to mid-1.2700s. While above the 200-day moving average (DMA) at 1.25, a