BoC’s Macklem: Tapering is right move for economy
In an interview with the Wall Street Journal, Bank of Canada (BoC) Governor Tiff Macklem said
USD/CAD fades recovery moves around 1.2050 amid sluggish markets
USD/CAD eases from intraday top, rejects corrective pullback around multi-month low. WTI consolidates recent gains
USD/CAD remains confined in a range above mid-1.2000s, seems vulnerable
Sliding US bond yields kept the USD bulls on the defensive and capped the upside
USD/CAD Price Analysis: Corrective pullback targets 1.2110 resistance confluence
USD/CAD refreshes intraday top during two-day uptrend. MACD teases buyers, suggests further upside towards the
USD/CAD: Critical support looms at the 1.20 level – OCBC
The USD/CAD pair was taken back to Wednesday’s levels after the retracement of the broad
USD/CAD set to slide below the 1.20 level – MUFG
On Thursday, the Bank of Canada released its Annual Financial Stability Review, honed in on
USD/CAD Price Analysis: Remains sidelined below 10-day EMA as MACD flirts with bears
USD/CAD holds lower ground after dropping the most in two weeks. Sustained trading below short-term
USD/CAD rebounds swiftly from 1.2100 mark amid a sharp fall in oil prices
USD/CAD attracted some dip-buying on Wednesday and turned positive for the second straight day. An
USD/CAD trades with modest gains around 1.2075-80 region, lacks follow-through
USD/CAD edged higher on Wednesday, albeit lacked any strong follow-through. Sliding US bond yields undermined
USD/CAD to move higher, especially on a six to twelve month horizon – Danske Bank
Analysts at Danske Bank, forecast the USD/CAD will rise gradually over the next months, reaching