USDCAD Forex News
U.S. Dollar Drops After Soft PCE Inflation Data
The U.S. dollar declined against its major counterparts in the New York session on Friday, as a slowdown in PCE inflation for November bolstered the prospect of slower pace of rate cuts by the Federal Reserve next year.
RTTNews
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1 day ago
U.S. Dollar Advances After Strong Economic Data
The U.S. dollar rose against its major counterparts in the New York session on Thursday, as better-than-expected economic data suggested that economy is on solid footing.
RTTNews
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2 days ago
ATFX Market Outlook 19th December 2024
The U.S. central bank lowered interest rates on Wednesday, as expected. Federal Reserve Chair Jerome Powell indicated that further cuts would depend on progress in reducing high inflation. His remarks suggest policymakers are considering potential economic changes under the Trump administration.
ATFX
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2 days ago
Global Currency Trends: What They Reveal About the World Economy
The EUR, one of the most traded currencies globally, has hit a rough patch EUR is now facing its largest short position in five years, a clear sign that investor sentiment is wavering. But why is this happening?
ACY Securities
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3 days ago
U.S. Dollar Climbs On Fed's Hawkish Tone
The U.S. dollar advanced against its major counterparts in the New York session on Wednesday, as the Federal Reserve cut interest rates by a quarter point but indicated fewer rate cuts than previously projected next year.
RTTNews
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3 days ago
U.S. Dollar Advances Against Most Majors
The U.S. dollar strengthened against its most major counterparts in the New York session on Wednesday.
RTTNews
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3 days ago
ATFX Market Outlook 18th December 2024
U.S. retail sales data exceeded expectations, indicating economic and consumption strength. Next, markets prepared for the Federal Reserve's interest rate decisions. On Tuesday, U.S. stocks fell, with the Dow Jones down for the ninth straight session. The S&P 500 and Nasdaq declined by 0.39% and 0.3%, respectively.
ATFX
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3 days ago
Commodity Currency's Slide As Oil Prices Drop, Fed Policy Announcement
The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Wednesday, as the crude oil prices fell amid concerns about the outlook for global demand, and possible excess supply in the market next year.
RTTNews
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3 days ago
Canadian Dollar Drops Against Most Majors
The Canadian dollar weakened against most major currencies in the Asian session on Wednesday.
RTTNews
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4 days ago
USDCAD continues its bullish surge, eyes 1.4300 area
USDCAD unlocks new 4-year high, poised for further gains. Caution required as overbought signals detected. US retail sales, Canadian CPI due at 13:30 GMT.
XM Group
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4 days ago
