As the world's leading investment manager and financial market journalist, I bring you the latest insights on the USD/CAD pair's intraday direction, influenced by a mix of diverging forces. The
In today's financial markets, the USD/CAD pair continues to show resilience near the 1.3550 mark as the US Dollar (USD) flexes its muscles. The Greenback's strength is evident as it
The USD/CAD pair is starting the week on a slightly negative note, hovering around the mid-1.3500s during the Asian session on Monday. The recent uptick in oil prices is supporting
The USD/CAD pair has made a swift recovery to near the key support level of 1.3500 in the American session on Friday. This uptrend comes after the release of the
The Bank of Canada made a predictable 25bp rate cut on Wednesday, causing minimal market movement. Instead, the USD/CAD dip was influenced by weak US JOLT figures, according to ING’s
The USD/CAD pair is experiencing downward pressure, struggling to maintain the key support level of 1.3500 in the New York session. This comes as the US Automatic Data Processing (ADP)
Yesterday, the Bank of Canada (BoC) made a move that was expected by many in the financial market. They decided to cut interest rates by 25 basis points, bringing the
The USD/CAD pair is inching higher, currently trading around 1.3510, as traders exercise caution ahead of the release of US ISM Services PMI and Initial Jobless Claims later today. The
USD/CAD Plunges Below 1.3550 as Bank of Canada Cuts Rates Again The USD/CAD pair has taken a sharp dive below the key support level of 1.3550 after the Bank of
The Canadian Dollar (CAD) is holding steady ahead of the Bank of Canada policy decision, with expectations of a 25bps rate cut to 4.25%. The policy statement and press conference