Canadian Dollar rises with the broader market in post-NFP risk appetite blowout

Share: Canadian Dollar market flows turn bullish following US & Canada labor data prints. Canada Unemployment Rate flat at 5.5%, US unemployment holds at 3.8%. US NFP handily beats expectations with slightly softer earnings. The Canadian Dollar (CAD) is climbing to fresh highs, set to challenge Monday’s trading range following a bumper labor

USD/CAD is not overvalued at current levels – ING

Share: Canadian jobs figures may tilt market pricing towards another BoC rate hike, but watch for data volatility, economists at ING report. Key jobs figures to steer rate expectations As it often happens, Canadian jobs figures will be released at the same time as the US ones, and the USD/CAD reaction will depend

USD/CAD Rally Seemingly Supported by Bearish Retail Bets

Canadian Dollar, USD/CAD, Technical Analysis, Retail Trader Positioning – IGCS Update Canadian Dollar heading for worst 2-weeks since mid-February Meanwhile, retail traders continue to increase downside exposure USD/CAD achieves key bullish breakout, but momentum fading Recommended by Daniel Dubrovsky Get Your Free USD Forecast The Canadian Dollar is heading towards its worst 2-week period against

USD/CAD trades higher near 1.3710 on market caution, downbeat Crude prices

Share: USD/CAD strengthens due to the Fed’s hawkish tone on interest rates trajectory. Stronger US jobs data bolster the US yields; contributing support for the US Dollar. Downbeat Crude oil prices put pressure on the Canadian Dollar. USD/CAD traces the upward path on the fourth successive day, trading higher near 1.3710 during the

The key barrier is seen at 1.3600 ahead of the Canadian, US PMI data

Share: USD/CAD retraces to 1.3570, and holds above the 50- and 100-hour EMAs on the four-hour chart.  The key resistance level is seen at 1.3600; the initial support level is located at 1.3515. Relative Strength Index (RSI) is located in the bullish territory above 50.  The USD/CAD pair loses some ground after being

USD/CAD Breaks 5-day Range Despite Resumption of WTI Rally

USD/CAD PRICE, CHARTS AND ANALYSIS: Recommended by Zain Vawda Traits of Successful Traders Read More: Gold Falters as US Yields and the DXY Advance, $1900 at Risk USDCAD has finally broken out of the recent 5-day range as the DXY advance gathers momentum. The Canadian Dollar had been on a bit of a rally thanks