USD/CAD Price Analysis: Bears flirt with 200-hour SMA/ascending channel confluence support
USD/CAD dropped to four-day lows during the first half of the European session. The set-up
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USD/CAD dropped to four-day lows during the first half of the European session. The set-up
In the view of the analysts at Goldman Sachs, the Canadian dollar’s upward trajectory is
The Canadian dollar slips but holds range. In the view of economists at Scotiabank, the
USD/CAD holds a two-day uptrend amid a pause in the USD advance. WTI slips on
USD/CAD picks up bids to recover Monday’s losses, stays around four-month low since October 15.
USD/CAD struggled to capitalize on Friday’s weaker Canadian GDP-led gains. Hawkish Fed expectations underpinned the
USD/CAD seesaws within 30-pip immediate trading range after first monthly negative in five. Market sentiment
USD/CAD extended its consolidative price action through the early European session. A combination of factors
The Bank of Canada (BoC) monetary policy announcement was much more hawkish than expected. Economists
USD/CAD witnessed fresh selling on Friday and reversed a major part of the overnight gains.