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

The U.S. dollar continued to strengthen its advantage against risk assets, aided by decent U.S. reports. Yesterday, the dollar reacted with gains to the U.S. data. According to the report...

The euro could be traded fairly well today using the Mean Reversion strategy. I did not take any trades using Momentum. The absence of eurozone economic data affected euro volatility...

The euro, pound, and other risky assets managed to hold their positions against the U.S. dollar yesterday, which may allow for the continuation of a bullish market. Yesterday afternoon...

Volatility has decreased even further, forcing traders to stay out of the market. Meanwhile, the euro continued its correction against the dollar, while the pound holds its positions. Against...

At the beginning of the week, sideways movement is expected on the euro chart along the support zone. In the second half of the week, volatility may increase, followed...

The dollar collapsed against several risk assets, for objective reasons. The greenback fell after the July US labor market report delivered a very weak surprise. Nonfarm employment fell by 23,000...

Due to low market volatility, only the pound could be traded today using the Mean Reversion strategy, but even there, I did not get the strong reversal move...

The euro and the pound showed a modest rise, but in the second half of the day, the situation changed, leading to increased demand for the U.S. dollar...

Despite the pessimistic forecasts at the beginning of the year, the Canadian economy is showing signs of acceleration. In the second quarter of 2026, growth is expected to be around...

Today, only the Canadian dollar generated a trade based on the Mean Reversion strategy. I did not execute any trades using the Momentum strategy. As expected, the secondary European economic...