USD/CAD Soars Amid Resilient US Dollar and Weak Oil Prices

United States News News

USD/CAD Soars Amid Resilient US Dollar and Weak Oil Prices
United States Latest News,United States Headlines
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

USD/CAD soars amid resilient US Dollar and weak oil prices – by Sagar_Dua24 USDCAD BOC Fed Inflation Oil

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FXStreetNews /  🏆 14. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

USD/CAD Price Analysis: Refreshes two-month high around 1.3400 as Fed delivers hawkish guidanceUSD/CAD Price Analysis: Refreshes two-month high around 1.3400 as Fed delivers hawkish guidanceUSD/CAD Price Analysis: Refreshes two-month high around 1.3400 as Fed delivers hawkish guidance – by Sagar_Dua24 USDCAD Fed BOC Inflation SupportResistance
Read more »

USD/CAD Price Analysis: Jumps to two-month high, bulls seize control above 100-day SMAUSD/CAD Price Analysis: Jumps to two-month high, bulls seize control above 100-day SMAThe USD/CAD pair gains strong positive traction on Tuesday and rallies to over a two-month peak, around the 1.3435 region during the first half of the European session. Weaker Chinese trade data revives fears about faltering recovery in the world's second-largest economy and weighs heavily on Crude Oil prices. Apart from this, expectations that the Bank of Canada (BoC) will pause its interest rate hike campaign undermine the commodity-linked Loonie.
Read more »

USD/CAD recovers some ground near the 1.3370 area in the Canadian bank holidayUSD/CAD recovers some ground near the 1.3370 area in the Canadian bank holidayThe USD/CAD pair consolidates its recent gains near 1.3370 in the early Asian session. The downbeat Canadian employment data triggers a weakening in t
Read more »

USD/CAD: Room for a move lower in near-term but unlikely to last – MUFGUSD/CAD: Room for a move lower in near-term but unlikely to last – MUFGThe Canadian Dollar underperformed alongside the US Dollar in July. Economists at MUFG Bank analyze USD/CAD outlook. USD/CAD should be trading closer
Read more »

USD/CAD hits two-month high, bulls await move beyond 100-day SMA hurdle near 1.3400USD/CAD hits two-month high, bulls await move beyond 100-day SMA hurdle near 1.3400The USD/CAD pair touches a two-month peak during the Asian session on Tuesday, with bulls now awaiting a sustained move beyond the 100-day Simple Moving Average hurdle near 1.3400.
Read more »

USD/CAD: There is little to stop additional gains – ScotiabankUSD/CAD: There is little to stop additional gains – ScotiabankWeak risk appetite and softer commodity prices are dragging the CAD lower. Shaun Osborne, Chief FX Strategist at Scotiabank, expects the USD/CAD pair to extend its gains through the upper 1.33 area.
Read more »



Render Time: 2025-02-21 02:52:56