USD/CAD Price Analysis: Reaches a nearly two-year high above 1.3300 as buyers eye 1.3400
The Loonie would finish the week with losses above 2%. A dismal sentiment weighed on
USD/CAD retreats from two-month high, once again fails to find acceptance above 1.3200
USD/CAD gains some positive traction and hits a two-month high on Thursday. A fresh leg
USD/CAD: The 1.32 area is set to continue capping the topside – Scotiabank
USD/CAD holds range. As analysts at Scotiabank note, technicals suggest USD gains have stalled around
Canadian Jobs Preview: Forecasts from five major banks, gains again after two months of losses
Canada will release August employment figures on Friday, September 9 at 12:30 GMT and as
USD/CAD pokes 1.3060 key support on firmer oil, DXY weakness, Canada employment data eyed
USD/CAD takes offers to renew weekly low, prints three-day downtrend. Market’s cautious optimism favors oil
Bank of Canada appears ready to sacrifice more growth – CIBC
As expected, the Bank of Canada (BoC) on Wednesday announced a 75 basis points rate
USD/CAD bulls keep reins around 1.3150 despite firmer oil prices, US/Canada holiday
USD/CAD grinds higher around the monthly top, sidelined of late. Oil prices cheer energy crisis,
Bank of Canada to bring rates into restrictive territory next week – TD Securities
Next week, the Bank of Canada will have its monetary policy meeting. Market consensus is
USD/CAD: Tighter financial conditions leave the loonie vulnerable over short-term – MUFG
The Canadian dollar weakened in August with that weakness unfolding in the second half of
USD/CAD slides to 1.3100 neighbourhood, downside potential seems limited
USD/CAD retreats further from a multi-week high and is pressured by a combination of factors.