Rising Canadian jobless rate boosts BoC dovish bets. The USD/CAD pair ticks up to near the psychological level of 1.4000 during North American trading hours on Thursday. The Loonie pair trades ...

The USD/CAD forecast suggests solid bearish sentiment as the Canadian dollar extends gains after an upbeat GDP report.

The first support level to watch is 1.3842; the immediate resistance level is seen at 1.4000. The USD/CAD pair remains weak near 1.3965 during the early European session on Friday. The Greenback ...

USD/CAD Bears Regain Control as Area Around 1.4000 Holds By XM Group Author Trading Point Currencies Published 05/16/2025, 03:14 AM ... US Dollar Canadian Dollar-0.09% USD/CAD finds resistance at ...

The USD/CAD weekly forecast suggests an increasing likelihood of another Bank of Canada pause its rate cut in June.

The USD/CAD pair has also moved between the 23.6% and 38.2% Fibonacci Retracement level. Therefore, there are signs that it will continue falling as bears target the psychological point at 1.4000 ...

USD/CAD moved towards the 1.4000 level amid falling demand for commodity-related currencies. USD/JPY gained ground as Japan's GDP Growth Rate missed analyst expectations. U.S. Dollar Index gains ...

On the technical side, USD/CAD has been consolidating recently ... corrective rallies towards 1.4000/1.4100 are expected to meet renewed selling pressure. "Corrective rallies to the 1.4000/1. ...

the Canadian dollar (CAD) has lost 5.76% of its value against the U.S. dollar (USD) so far this year. This reflects a volatile outlook for the petrodollar. Nicknamed the “The loonie,” the ...

According to the Bank of Canada, the average CAD/USD conversion rate in 2024 was 1.3698, inching upward year over year since taking a dip in 2021. Trying to execute at the perfect time can ...

The USD-CAD pair is a trader’s playground, thanks to its volatility and connection to commodities. Everyone is obsessed with it because it’s like a mood ring for the market. In times of global ...