Canadian Dollar Update – Powell Contradicts Himself

USD/CAD Open: 1.3443-47, Overnight Range: 1.3432-1.3465,  Previous Close: 1.3460 WTI Oil open at $78.55 and gold open at $2,168.23. US markets are lower today. For today, USD resistance is at...

FX Monthly Update | March 2024

Economic Outlook and Summary The first half of February saw broad-based US dollar demand. A robust nonfarm payrolls report underscored the resilience of the US economy and justified the Fed’s...

Canadian Dollar Update – Canadian dollar counting down to BoC decision

USD/CAD Open: 1.3586-90, Overnight Range: 1.3573-1.3600,  Previous Close: 1.3593 WTI Oil open at $78.85 and gold open at $2,125.76. US markets are higher today.   BoC to leave rates unchanged....

Canadian Dollar Update – Canadian dollar inching lower

USD/CAD Open: 1.3580-84, Overnight Range: 1.3571-1.3606,  Previous Close: 1.3575 WTI Oil open at $78.75 and gold open at $2,123.77. US markets are lower today. For today, USD resistance is at...

Canadian Dollar Update – Canadian dollar marooned

USD/CAD Open: 1.3575-79, Overnight Range: 1.3561-1.3592,  Previous Close: 1.3579 WTI Oil open at $79.44 and gold open at $2,054.96. US markets are higher today. For today, USD resistance is at...

Canadian Dollar Update – Canadian dollar gets an extra day to slide

USD/CAD Open: 1.3577-81, Overnight Range: 1.3570-1.3592,  Previous Close: 1.3577 WTI Oil open at $77.98 and gold open at $2,027.21. US markets are higher today. For today, USD resistance is at...

Canadian Dollar Update – Canadian dollar slides

USD/CAD Open: 1.3577-81, Overnight Range: 1.3524-1.3588,  Previous Close: 1.3531 WTI Oil open at $77.98 and gold open at $2,027.21. US markets are lower today. For today, USD resistance is at...

Canadian Dollar Update – Canadian dollar awaiting US data

USD/CAD Open: 1.3493, Overnight Range: 1.3489-1.3529,  Previous Close: 1.3506 WTI Oil open at $77.43 and gold open at $2,036.67. US markets are mixed today. For today, USD resistance is at...

Canadian Dollar Update – Canadian dollar steady

USD/CAD Open: 1.3516-20, Overnight Range: 1.3496-1.3529,  Previous Close: 1.3515 WTI Oil open at $76.33 and gold open at $2,031.84. US markets are lower today. For today, USD resistance is at...

Canadian Dollar Update – Canadian dollar chasing its tail

USD/CAD Open: 1.3486-90, Overnight Range: 1.3472-1.3503,  Previous Close: 1.3483 WTI Oil open at $77.54 and gold open at $2,022.81. US markets are mixed today. For today, USD resistance is at...