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USD/CAD Price Forecast: Strives to break above 1.3800 on BoC dovish bets

1729261740 from FXStreet

The USD/CAD pair gathers strength to break above the immediate resistance of 1.3800 in Friday’s North American session.

USD/CAD: Spreads remain a headwind – Scotiabank

1729254000 from FXStreet

The Canadian Dollar (CAD) is little changed against the USD, with spot holding close to 1.38 on the day.

USD: Dollar rally has more to go – ING

1729244348 from FXStreet

US retail sales came in strong yesterday, and the timing of their release (15 minutes after the European Central Bank cut) worked perfectly to favour another leg higher in the US Dollar (USD), ING’s FX analyst Francesco Pesole notes.

USD/CAD consolidates near 1.3800 ahead of Fed speakers

1729242480 from FXStreet

The USD/CAD pair trades in a tight range near the round-level resistance of 1.3800 in Friday’s European session.

Stretched USD Trades Mixed – Scotiabank

1728991786 from FXStreet

The US Dollar (USD) is trading mixed to a little lower overall on the session after a bull run that has stretched for 11 consecutive days through Monday’s trading, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

USD: Rally looking a bit stretched – ING

1728982333 from FXStreet

The US Dollar (USD) and oil went opposite ways yesterday. The greenback was strong across the board, shrugging off the drop in crude triggered by some media reports that Israel does not plan to hit Iran’s oil and nuclear facilities.

USD/CAD Price Forecast: Moves above 1.3800 ahead of upper boundary of ascending channel

1728980107 from FXStreet

USD/CAD continues its upward momentum, extending the rally that began on October 2, trading near 1.3810 during early European hours on Tuesday.

USD/CAD Price Forecast: Climbs further beyond 1.3800 ahead of Canadian CPI report

1728977478 from fxstreet

The USD/CAD pair prolongs its upward trajectory for the tenth straight day and climbs further beyond the 1.3800 mark, hitting its highest level since August 6 during the early part of the European session on Tuesday.

USD/CAD hovers around 1.3800, highest since August 6 as traders look to Canadian CPI report

1728963150 from FXStreet

The USD/CAD pair trades near its highest level since August 6 during the Asian session on Tuesday, with bulls making a fresh attempt to build on the momentum beyond the 1.3800 round-figure mark.

USD/CAD Price Forecast: Rises to near 1.3800, upper boundary of ascending channel

1728896551 from FXStreet

USD/CAD continues its winning streak that began October 2, hovering around 1.3790 during the European trading hours on Monday.

USD/CAD eyes 1.3800 mark amid bullish USD, weaker Crude Oil prices

1728880904 from FXStreet

The USD/CAD pair prolongs its uptrend for the ninth straight day and climbs to the 1.3785-1.3790 area, or its highest level since August 7 during the Asian session on Monday.

USD/CAD surrenders some gains after US PPI, Canadian Employment data

1728654580 from FXStreet

The USD/CAD pair gives up some of its intraday gains after posting a fresh two-month high to near 1.3780 in Friday’s New York session.

Canada Unemployment Rate declines to 6.5% in September vs. 6.7% expected

1728650774 from FXStreet

The Unemployment Rate in Canada edged lower to 6.5% in September from 6.6% in August, Statistics Canada reported on Friday.

USD consolidates into PPI data – Scotiabank

1728647382 from FXStreet

The USD is consolidating this week’s gains after yesterday’s data reports interrupted its ascent, with the surprise rise in weekly claims offsetting and overshadowing slightly higher than expected CPI data, Scotiabank’s FX Chief FX Strategist Shaun Osborne notes.

CAD down for an eighth session in a row – Scotiabank

1728646869 from FXStreet

The Canadian Dollar (CAD) is a little softer on the session so far but losses are holding near yesterday’s low in the upper 1.37s, Scotiabank’s FX Chief FX Strategist Shaun Osborne notes.

USD/CAD Price Forecast: Extends winning streak for eighth trading day

1728643985 from FXStreet

The USD/CAD pair extends its winning spell for the eighth trading day on Friday.

USD/CAD: Daily MACD denotes regain of upward momentum – Société Generale

1728643037 from FXStreet

USD/CAD decline stalls near August low of 1.3440, which resulted in a short-term up move, Societe Generale’s FX analysts note.

USD/CAD Price Forecast: Bulls retain control near two-month top ahead of US PPI/Canadian jobs data

1728635513 from fxstreet

The USD/CAD pair attracts buyers for the eighth successive day on Friday and trades above mid-1.3700s, or a two-month top during the first half of the European session.

USD/CAD extends upside to near 1.3750 ahead of US PPI, Canadian job report

1728602027 from FXStreet

The USD/CAD pair extends the rally to around 1.3745 during the early Asian session on Friday.

GBP/CAD Price Forecast: Breaks back above legacy trendline as trend turns higher

1728567398 from FXStreet

GBP/CAD rises back above an old trendline and extends its rally.

USD/CAD Price Forecast: Establishes new uptrend after sudden reversal

1728559900 from FXStreet

USD/CAD was declining within its longer-term range until it bottomed out on September 25 and began rising.

USD/CAD: USD retains a firm undertone – Scotiabank

1728473585 from FXStreet

The CAD retains a soft undertone, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

USD retains a firm undertone – Scotiabank

1728473018 from FXStreet

The US Dollar (USD) retains a firm undertone, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

USD/CAD advances to 1.3675 area, highest since August 19 ahead of FOMC minutes

1728464350 from FXStreet

The USD/CAD pair scales higher for the sixth successive day on Wednesday and climbs to the 1.3670-1.3675 area, or its highest level since August 19 during the first half of the European session amid renewed US Dollar (USD) buying.

USD/CAD Price Forecast: Short-term bullish breakout in play ahead of FOMC minutes

1728460730 from fxstreet

The USD/CAD pair attracts buyers for the sixth straight day on Wednesday and trades around the 1.3665 area during the early European session, just below its highest level since August 19 touched the previous day.

USD/CAD flat lines below 1.3650, eyes on FOMC Minutes

1728429300 from FXStreet

The USD/CAD pair trades flat around 1.3645 amid the consolidation of the Greenback during the early Asian session on Wednesday.

USD/CAD: Undervalued for the time being – Scotiabank

1728393300 from FXStreet

Weaker stocks tugged the Canadian Dollar (CAD) a bit lower yesterday and remain a risk for the currency in the near term as China and rising yields weigh on sentiment, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

GBP/CAD Price Forecast: Returns to trendline after break – at pivotal point

1728388020 from FXStreet

GBP/CAD is pulling back after unfolding a partial down-leg within a broader rising channel.

USD Drifts as Consolidation Extends – Scotiabank

1728387404 from FXStreet

The USD continues to drift as it consolidates last week’s advance, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

USD/CAD reclaims seven-week high near 1.3650 amid weak Canadian Dollar

1728380940 from FXStreet

The USD/CAD pair recaptures a seven-week high near 1.3650 in Tuesday’s European session.

USD: Looking outside of the US – ING

1728379203 from FXStreet

The start of the week has been quite mixed in FX, with the low-yielding JPY and CHF rising and the high-beta AUD and NZD under additional pressure, ING’s FX analyst Francesco Pesole notes.

USD/CAD extends upside above 1.3600 on stronger US Dollar

1728343285 from FXStreet

The USD/CAD pair extends the rally to near 1.3620 during the early Asian session on Tuesday.

US Dollar climbs for fifth straight day after bumper NFP jobs report

1728075023 from FXStreet

The US Dollar (USD) Index (DXY) climbed into a fifth consecutive bullish day on Friday, driven higher by better-than-expected US Nonfarm Payrolls figures.

US Dollar Weekly Forecast: It’s alive!

1728063540 from fxstreet

It was a stellar week for the US Dollar (USD). The Greenback, as tracked by the US Dollar Index (DXY), managed to rise for the fifth consecutive day on Friday, marking its first such streak since April.

Fed close to pulling off the elusive economic soft landing in 2024 after great September jobs report

1728063105 from CNBC

If this sounds like a Goldilocks scenario, it's probably not far from it, even with the lingering inflation concerns.

US Dollar locks in best trading week in two years with a landslide Nonfarm Payrolls print

1728051979 from FXStreet

The US Dollar (USD) ties up with gains and is set to close off this week with nearly 2% gains in the US Dollar Index (DXY). The greenback gains after first the Nonfarm Payrolls print of 254,000 against the expected 140,000 was an out of this world

USD/CAD jumps to near 1.3600 as US NFP beats estimates

1728050830 from FXStreet

USD/CAD rises sharply to near 1.3600 after stronger-than-expected US labor market report.

El-Erian’s Four Key Takeaways From the US Jobs Report

1728048084 from BLOOMBERG

“Inflation is not dead,” Mohamed El-Erian, Queens’ College Cambridge president and Bloomberg Opinion columnist, says while discussing what the September US employment report means for the economy and Federal Reserve monetary policy on “Bloomberg Surveillance.” El-Erian’s opinions are his own.

USD/CAD hovers around mid-1.3500s, one-month top as traders await US NFP report

1728011959 from FXStreet

The USD/CAD pair struggles to capitalize on the previous day's strong move up to a one-and-half-week top and oscillates in a range around mid-1.3500s during the Asian session on Friday.

GBP/CAD Price Forecast: Unfolds down leg within rising channel

1727954400 from FXStreet

GBP/CAD is unfolding a down leg within a rising channel. It will probably continue lower to at least the blue 100-day Simple Moving Average (SMA) at 1.7641.

USD/CAD Price Forecast: Tests 21-day Exponential Moving Average near 1.3550

1727942910 from FXStreet

USD/CAD extends its gains for the second consecutive day, trading around 1.3530 during Thursday’s European hours.

USD/CAD retakes 1.3500 and beyond, eyes weekly top amid modest USD strength

1727925277 from FXStreet

The USD/CAD pair attracts some follow-through buying for the second successive day on Thursday and climbs back above the 1.3500 psychological mark during the Asian session.

Canadian Dollar trapped in chart churn

1727907578 from FXStreet

The Canadian Dollar (CAD) eased slightly on Wednesday as overall risk-off flows bump the Greenback higher.

USD/CAD Price Prediction: Starting to decline again, possible resumption of downtrend

1727873871 from FXStreet

USD/CAD has started to creep lower again. The move comes after a three-day pullback from the September 25 low (blue rectangle on chart).

USD/CAD Price Forecast: Traders seem non committed amid mixed fundamental cues

1727856668 from fxstreet

The USD/CAD pair extends the overnight retracement slide from a one-week high and remains under some selling pressure for the second straight day on Wednesday.

ADP report expected to show US private employment rose by 120,000 in September

1727854200 from FXStreet

The Automatic Data Processing (ADP) Research Institute will release its monthly report on private-sector job creation for September on Wednesday.

US Dollar Weekly Forecast: King no more?

1727454708 from fxstreet

Pessimism surrounding the US Dollar (USD) persisted this week, pushing the US Dollar Index (DXY) to new lows near the psychological 100.00 level on Friday, its weakest point since the summer of 2023.

USD/CAD softens below 1.3500, with all eyes on US PCE data

1727391655 from FXStreet

The USD/CAD pair edges lower to near 1.3470 during the early Asian session on Friday, pressured by the weaker US Dollar (USD) broadly.

USD/CAD holds steady below 1.3500 ahead of Fed’s Powell speech

1727305345 from FXStreet

The USD/CAD pair flatlines around 1.3485 after retracing to 1.3420, the lowest level since March 8, during the early Asian session on Thursday.

GBP/CAD Price Prediction: Signs that a counter-trend decline may be developing

1727256304 from FXStreet

GBP/CAD is threatening to reverse its uptrend after testing the upper channel line of its long-term rising channel and forming a bearish reversal candlestick pattern (orange rectangle on chart below).