USD/CAD Price Analysis: Bulls battle three-month-old hurdle below 1.2300
USD/CAD edges higher around three-week top, keeps 50-day SMA breakout. Descending trend line from March
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USD/CAD edges higher around three-week top, keeps 50-day SMA breakout. Descending trend line from March
Economists at DBS Bank note that CAD weakness above 1.21 per USD gains traction. USD/CAD
A modest pickup in the USD demand pushed USD/CAD to fresh session tops in the
A combination of factors exerted some pressure on USD/CAD for the second straight day. The
USD/CAD print losses in the Asian session on Friday. Bulls lose the battle near the
The Bank of Canada did not spring surprises, and remains on track despite a slowdown
A combination of supporting factors failed to assist USD/CAD to build on the overnight bounce.
USD/CAD seesaws in the European trading session. Bulls keep up the effort to scale above
BoC Monetary Policy Decision – Overview The Bank of Canada (BoC) is scheduled to announce
Commodity prices rose again in the latter half of May, so the Canadian dollar was