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

The euro and the Japanese yen held their ground, while the British pound fell sharply against the dollar. As it became known, yesterday the European Central Bank and the Bank...

The dollar continues to strengthen against the euro, the pound, and the Japanese yen. Yesterday's weak ADP labor market data showed only a 22,000 increase, well below the forecast...

The euro and the pound were traded very successfully today using the Mean Reversion strategy. I did not execute any trades using Momentum. The data on France's Consumer Price Index...

The direction of price movement of the major euro pair since February of last year has been defined by an upward wave algorithm. Within the wave structure, a counter-movement with...

The dollar has slightly regained its footing, but it is still difficult to say that the pressure on it has completely lifted. Most likely, this is just a pause after...

The USD/CAD pair has been decreasing sharply for the second week in a row. In mid-January, buyers tested the resistance level at 1.3920 (the lower boundary of the Kumo cloud...

On Wednesday, meetings of the Bank of Canada and the FOMC took place. The outcomes of both meetings almost fully matched forecasts, and the market reaction to them was rather...

The dollar once again faced difficulties, failing to receive the necessary support following the US Federal Reserve's meeting. Many traders had hoped that Powell would raise concerns about the rapidly...

The dollar continued to lose ground against risk assets actively. By the end of yesterday, the dollar fell to its lowest level since the beginning of 2022. This occurred after...

The dollar continues to lose traction amid the turmoil currently directly related to Japan. Despite a strong increase in US durable goods orders, discussions about the possibility...