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Canadian Dollar Technical Forecast: USD/CAD, CAD/JPY

USD/CAD continues to hold a range inside of a range, but CAD/JPY is bristling at resistance after having set a fresh 16-year high last week.

Canadian Dollar Technical Forecast: USD/CAD Bulls Eye Resistance

Canadian Dollar is on the defensive for a third week with USD/CAD rallying nearly 2% off the yearly low. The levels that matter on the weekly technical chart.

Currency exchange rate board of multiple currencies

Forex Friday: DXY and USD/CAD in focus

In this week’s edition, we discuss the dollar and its impressive rally and the Canadian dollar.

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Putin-inspired crude oil rally boosts Canadian dollar

Crude oil prices surged higher in response to comments made by Russian President Vladimir Putin about a Russian-OPEC production cut. Brent oil reached a new […]

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October 10, 2016 07:15 PM

    BOC Instant Analysis: A magician’s disappearing doves

    Kicking off the upcoming onslaught of central bank meetings, the Bank of Canada opted to leave interest rates unchanged at 0.50% today, as widely expected. […]

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