USD/CAD to shift back toward the lower end of the range near 1.34 – TDS

Share: The USD and risk sentiment are the biggest factors driving CAD. Economists at TD Securities analyze Loonie’s outlook. Fading USD/CAD rallies ahead of 1.38 The direction of the broad USD and risk sentiment will dictate the price action of the Canadian Dollar in the near term. We like leaning against the recent

Canadian Dollar backslides as investors dump Loonie in risk-off flows

Share: The Canadian Dollar is falling back into familiar lows on Wednesday as investors pull up stakes. Canada Housing Starts came in better than expected, but risk-off flows are dominating. Thin calendar docket for the CAD until Friday’s Retail Sales. The Canadian Dollar (CAD) is falling back in the American market session as

Too Early to Bet on Extended Oil Bull Run – TDS

Share: Strategists from Toronto-Dominion Securities have published an analyst note highlighting that cautions Crude Oil prices, while set to go higher, could see limited upside. Higher yes… But too early to bet on extended oil bull run due to Middle East Oil prices jumped by over four dollars on Friday after the US

AUD/USD Plummets While USD/CAD Skyrockets

Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter Most Read: Gold Price Forecast: Bearish Winds Prevail but Turnaround Nears, XAU/USD Levels The U.S. dollar, as measured by the DXY, embarked on a furious rally on Thursday after hotter-than-expected U.S. September inflation

USD/CAD Looks Set to Arrest 4-Day Slump, Finding Support at the 20-Day MA

USD/CAD PRICE, CHARTS AND ANALYSIS: The Loonie Appears to Have Run Out of Steam Ahead of US CPI Release. BoC Deputy Governor Issues Warning Around the Potential of Renewed Price Pressures. IG Client Sentiment Data Shows Retail Traders are Currently Net-Short with 60% of Traders Holding Short Positions. To Learn More About Price Action,Chart PatternsandMoving

Canadian Dollar easing back as Crude Oil pressures wane

Share: Canadian Dollar is easing off the pressure as Crude Oil prices soften. Canada economic data remains thin for the week, US data dominating the market. US inflation data to remain key market driver for the back half of the trading week. The Canadian Dollar (CAD) is stepping back slightly on Wednesday, giving