Tag: USDCAD
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
US Dollar Talking Points:There’s panic in FX and major currencies like the British Pound are reacting in a troubling manner.As I looked at last week there seems to be a disconnect between FX...
USD/CAD Rate Outlook Hinges on BoC Interest Rate Decision
Canadian Dollar Talking PointsUSD/CAD appears to be reversing course following the failed attempt to test the yearly high (1.3224), but the Bank of Canada (BoC) interest rate decision may keep the exchange rate...
USD/CAD Susceptible to Larger Correction as RSI Reverses Ahead of Oversold Zone
Canadian Dollar Talking PointsUSD/CAD snaps the series of lower highs and lows from the start of the week even as Canada’s Consumer Price Index (CPI) climbs to its highest level since 1983, but...
USDCAD Outlook Choppy but Loonie Crosses Face Reversal Risk
The Canadian Dollar is backed by one of the most aggressive central bank rate forecasts amongst the majors while growth forecasts are holding up pretty well. Despite that, the currency has generally performed...
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