ENTITY

CAD (USDCAD CURNCY)

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Analysis
FinancialsCanada
The Canadian dollar is the official currency of Canada.
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bearishCAD
21 Mar 2024 22:53Broker

FX Snapshot - ‘Tis the Season for a Softer USDCAD

The efficient market hypothesis precludes the persistence of seasonal trends in financial markets in theory, but studies have shown that calendar...

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bullishCAD
25 Jan 2024 20:58Broker

FX Snapshot - US Data May Shift USDCAD Range

While the policy statement removed the wording around the suggestion that policy could be tightened further, that is hardly a surprising...

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bearishCAD
24 Dec 2023 07:58Broker

CAD Weekly Outlook - Merry CADmas

The USD is running into the end of the year on a soft note. Seasonal trends pointed that way but CAD gains have been bolstered by the stronger risk...

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bullishCAD
20 Dec 2023 13:34Broker

FX Snapshot - Stretched Valuation Does Not Preclude More USDCAD Losses

High beta currencies have done well over the past week. A crack in the Fed’s hawkishness at last Wednesday’s FOMC boosted risk appetite and lifted...

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bullishCAD
14 Dec 2023 12:30Broker

FX Snapshot – USDCAD Heads Lower post FOMC

The real headwind for the CAD currently stems from weaker commodity prices generally and the soft turn in terms of trade that have resulted so far...

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