USDCAD Forex News
Commodity Currency's Slide As Crude Oil Prices Traded Lower
The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Tuesday, as oil prices dropped after the U.S. President Donald Trump postponed imposing fresh tariffs and unveiled a plan to increase U.S. oil and gas production.
RTTNews
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7h 23min ago
Canadian Dollar Drops Against Majors
The Canadian dollar weakened against other major currencies in the Asian session on Tuesday.
RTTNews
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8h 20min ago
ATFX Market Outlook 17th January 2025
U.S. retail sales grew in December, and initial jobless claims indicated a strong labor market. However, U.S. stocks dipped, with the Dow down 0.16%, the S&P 500 down 0.21%, and the Nasdaq down 0.89%, as investors evaluated corporate earnings and economic data for clues on Federal Reserve interest rate cuts. Treasury yields and the U.S. dollar weakened, falling to a low against the yen.
ATFX
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21h 54min ago
ATFX Market Outlook 20th January 2025
U.S. stocks rose, with the Dow up 3.69%, S&P 2.92%, and Nasdaq 2.43%, driven by optimism over incoming Trump policies. The U.S. dollar index rose 0.34% but fell 0.2% for the week, ending a six-week winning streak. Gold prices dipped due to a stronger dollar and Gaza ceasefire below $2,700 on Monday Asia trading session.
ATFX
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21h 54min ago
USDCAD: Ready for a new bullish wave?
USDCAD stays supported around its 20-EMA. Bullish trend continuation likely; eyes on the 1.4465 top.
XM Group
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4 days ago
Canadian Dollar Drops Against Most Majors
The Canadian dollar weakened against most major currencies in the Asian session on Friday.
RTTNews
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4 days ago
U.S. Dollar Drops After Fed Waller's Comments
The U.S. dollar fell against its major counterparts in the New York session on Thursday, following dovish comments from Federal Reserve Governor Christopher Waller.
RTTNews
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4 days ago
ATFX Market Outlook 16th January 2025
The dollar weakened as lower core inflation data raised expectations for two potential Fed rate cuts. The dollar index fell to 109.07, with the dollar at 156.49 yen, the sterling at 1.2229, and the euro near 1.03.
ATFX
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4 days ago
U.S. Dollar Falls As Core Inflation Slows
The U.S. dollar moved down against its major counterparts in the New York session on Wednesday, as core consumer inflation came in cooler than expected in December, supporting hopes of rate cuts by the Federal Reserve.
RTTNews
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5 days ago
U.S. Dollar Slides Against Majors
The U.S. dollar weakened against other major currencies in the European session on Wednesday.
RTTNews
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6 days ago
