USD CAD

USD/CAD set a fresh four-year-high late in the week and bulls retain control as President-elect Trump is set to be inaugurated on Monday.

USD/CAD is poised for a breakout with the January opening-range intact ahead of President Trump’s inauguration. Battle lines drawn on the USD/CAD weekly technical chart.

A string of failed breakouts in USD/CAD, USD/CHF and EUR/USD despite soft US inflation and big declines in Treasury yields should have traders questioning whether dollar dominance is over.

USD/CAD may threaten the positive slope in the 50-Day SMA (1.4175) if it fails to defend the monthly low (1.4280).

The USD/CAD rally extended into uptrend resistance with the January opening-range set just below. Battle lines drawn on the USD/CAD short-term technical charts.

USD/CAD hasn’t yet set a fresh high in 2025 even as U.S. Dollar strength has continued. The pair matched its largest down-day in a year after news of Justin Trudeau’s resignation.

I doubt we’ll be seeing too much weakness in December’s NFP figures later today, and that could prompt another bid for the USD. But with Trump likely to revive his disdain for a strong dollar, perhaps a pullback is not too far away.

USD/CAD attempts to retraces the decline from the start of the week as it stages a three-day rally.

While the Trump bump may have been the catalyst, the USD/CAD rally was largely driven by extremes in both sentiment and momentum. A breakdown of the Loonie breakout.

USD/CAD surged to fresh yearly highs - bulls vulnerable into major resistance. Battle lines drawn on the weekly technical chart.

Commodity currencies are dancing to the tune of Chinese bond yields, with AUD/USD, USD/CAD, and NZD/USD locked in striking correlations. The Fed’s dot plot may stir the pot later today, but China’s yield curve rollercoaster isn’t slowing down anytime soon.

USD/CAD pulls back from a fresh yearly high (1.4271) to keep the Relative Strength Index (RSI) below overbought territory

Tariff threats have weakened the CAD and strengthened the US Dollar, but it seems that Trump is joking while Canadian Premiers have started to propose pre-emptive threats.

USD/CAD trades to a fresh yearly high (1.4200) as it retraces the decline following the Bank of Canada (BoC) meeting.

USD/CAD has found resistance just inside of the 1.4200 handle but the looming threat of tariffs from the U.S. has produced ‘major new uncertainty’ for Canada and investors have responded by continued selling of CAD.

USD/CAD fell back toward key horizontal support near 141.00 as BOC Governor Macklem hinted at a 2025 pause in the interest rate cutting cycle

The USD/CAD rally extended into uptrend resistance ahead of tomorrow’s Bank of Canada rate decision. Battle lines drawn on the USD/CAD short-term charts.