USDCAD | US Dollar (USD) to the Canadian Dollar (CAD) Rate in the Forex market

Today, Thursday, the pair attracted buyer interest as it attempted to recover yesterday's losses; however, the attempt was unsuccessful, and the pair remained at the same price level. Current prices...

The Canadian dollar has risen this week, but the increase is primarily due to the U.S. dollar's weakening and an overall appetite for risk, rather than domestic economic factors...

The U.S. dollar fell sharply against several risk assets yesterday for objective reasons. As indicated by the data, ADP employment in the U.S. decreased by 32,000 in November, while economists...

Buyers of the euro and the pound have made their presence felt after yesterday's good corrections against the U.S. dollar, fueling expectations of continued bullishness in risk assets. Positive data...

Only the euro was traded today using the Mean Reversion scenario, although even there no strong reversal movement occurred. I did not trade anything using the Momentum approach. Inflation data...

The dollar remained under pressure following the release of another series of weak fundamental data from the U.S. Weak figures from the ISM manufacturing index intensified pressure on the U.S...

The dollar is once again under pressure due to the increased likelihood of interest rate cuts in the U.S. this month. The euro, pound, and Japanese yen strengthened their positions...

Sellers of the dollar paused yesterday in the absence of new guidelines. Today, in the first half of the day, a considerable amount of important German data is expected, which...

The dollar continued to lose ground yesterday—especially against the British pound—and there were sufficient reasons for it. Despite a brief impulse in the dollar after the release of data...

Due to a sharp drop in market volatility during the first half of the day, I did not trade at all through the Mean Reversion scenario. On the other hand...