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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 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.
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.
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
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.
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).