The Canadian Dollar faces reversal pressures again after CPI data despite a drop in crude oil prices. Ahead, the Australian and New Zealand Dollars may rally with Asia stocks.
The US Dollar is targeting resistance near two-month highs vs Loonie with the long-bias vulnerable near-term. These are the levels that matter on the USD/CAD charts.
The Canadian Dollar may be getting ready to reverse against the US Dollar after increasingly bearish USD/CAD technical signals. Ahead, the Yen may weaken as AUD and NZD gain.
Loonie was nearly unchanged against the US Dollar last weeks with price failing just pips from resistance. Here are the levels that matter on the USD/CAD weekly chart.
The USD/CAD eyes resistance breakout as uncertainties over global growth amidst trade wars undermine crude oil prices. Sentiment warns of a bearish NZD/USD bias ahead of the RBNZ.
Canadian Dollar remains under pressure despite broader US Dollar weakness with price now testing six-week highs. Here are the levels that matter on the USD/CAD charts.
The Canadian Dollar fell with crude oil prices as Citigroup earnings foreshadowed a disappointing season for banks, underpinning global growth concerns. NZD eyes New Zealand CPI data.
The Canadian Dollar fell with crude oil prices as Citigroup earnings foreshadowed a disappointing season for banks, underpinning global growth concerns. NZD eyes New Zealand CPI data.
The Bank of Canada threatens to jolt currency volatility with its July monetary policy update if the central bank fails to confirm the market's relatively hawkish expectations.
An outside-weekly reversal in the Canadian Dollar cleared the monthly range last week. Here are the levels that matter on the USD/CAD price charts into the June close.
The AUDUSD post-Fed rally could be shot down by RBA Governor Philip Lowe who may underscore rate cut bets. Meanwhile, the anti-risk Japanese Yen may sink as the Nikkei 225 rallies.
The US Dollar recovery has put Loonie on the defensive with price now approaching a key inflection zone. Here are the levels that matter on the USD/CAD price charts.
The GBP/USD downtrend may accelerate on bearish-contrarian signals with confidence of a Brexit deal persistently fading. The Canadian Dollar is benefiting from USMCA talk progress.
Loonie continues to trade within the confines of the monthly opening-range heading deep into May trade. These are the levels that matter on the USD/CAD weekly chart.
USDCAD soared then swooned in a volatile trading session due to downbeat rhetoric found in the Bank of Canadas latest Financial Stability Report but now being offset by positive USMCA deal news.