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

For the second day running on Wednesday, USD/CAD has shown upside momentum, continuing the rebound that began earlier this week from the 200-day EMA around 1.3960–1.3965. The instrument has broken...

The USD/CAD pair is consolidating just above the round 1.3800 level after failing to extend the modest advance recorded earlier. Traders are taking a wait-and-see stance, preferring to await upcoming...

In the coming days, the sideways movement of the European currency is likely to continue, with an overall downward bias. A pause, reversal, and subsequent rise in the exchange rate...

The dollar continued to lose its edge versus risk assets, and coordinated currency interventions played a role. Although the US services sector released a fairly decent report, it must...

The pound and euro provided excellent trading opportunities today using the Mean Reversion strategy. I traded the Japanese yen using Momentum. As expected, the lack of important eurozone economic data...

The absence of significant data from the U.S. was the main reason the dollar had to give up some ground against riskier assets yesterday. Without fresh data, the American currency...

The American dollar has regained its advantage against riskier assets, and there were significant reasons for this. The dollar rose against all currencies after Kevin Warsh's speech in Jackson Hole...

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...