CurrencyShares Canadian Dollar Trust Blog | Talkmarkets | Page 1
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USD/CAD Latest: Last Place Battle – Loonie Or Dollar?
Article By: DailyFX
Monday, August 3, 2020 12:30 PM EDT
USD/CAD has mirrored much of what has been evident across G10 currencies against the US Dollar. The weak USD has breached several key support levels, which has brought into question its viability as a safe-haven currency.
In this article: FXC Also: USO
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Markets Week Ahead: Nasdaq 100, US Dollar, AUD/USD, RBA, GBP/USD, BoE
Article By: DailyFX
Sunday, August 2, 2020 12:45 PM EDT
Market sentiment mostly improved this past week as all eyes were on the tech-heavy Nasdaq Composite as it soared about 3.7%. The Dow Jones Industrial Average was left behind, ending the week -0.16% as the S&P 500 rose +1.73%.
In this article: FXE, FXA, FXB, FXC, FXY, GLD, UUP, SPX, FXM
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Trading Support And Resistance - Sunday, August 2
Article By: Daily Forex
Sunday, August 2, 2020 11:21 AM EDT
The Forex market showed an increase in volatility compared to the previous week, with 44% of the important currency pairs and crosses moving by more than 1% in value last week. Volatility is likely to remain at a similar level over the coming week.
In this article: FXE, FXA, FXB, FXC, FXY
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USDCAD Weekly Analysis – Sunday, August 2
Article By: ForexCycle
Sunday, August 2, 2020 10:49 AM EDT
USDCAD is facing 1.3314 support. A breakdown below this level could trigger further downside movement towards 1.3100.
In this article: FXC
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USD/CAD Forecast Aug. 3-7 – Flat Despite Strong Canada GDP
Article By: Yohay Elam
Sunday, August 2, 2020 8:00 AM EDT
Canada’s GDP bounced back nicely in June, with a gain of 4.5%. This followed a dismal decline of 11.6% beforehand.
In this article: FXC Also: UDN
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