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USD/CAD Forecast June 8-12 – Canadian Dollar Hits Three-Month High After Superb Job Numbers
Article By: Yohay Elam
Saturday, June 6, 2020 3:40 PM EDT
The Canadian dollar climbed 2.5% last week, as USD/CAD fell to its lowest level since early March. There are three releases in the upcoming week, all of minor significance. Here is a look at the highlights and a technical analysis for USD/CAD.
In this article: FXC
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Currencies Soar As US, Canada Labor Data Beat – Implications For Fed Next Week
Article By: Kathy Lien
Saturday, June 6, 2020 2:04 PM EDT
Currencies and equities traded higher on Friday, June 5, following shockingly strong US and Canadian labor market numbers. USD/JPY shot higher in response, but the rally in stocks boosted currencies, such as the Australian dollar, to avoid losses.
In this article: FXC Also: FXE, FXA, FXB, FXY
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USD/CAD Forecast June 1-5 – GDP Sinks, But Canadian Dollar Rallies
Article By: Yohay Elam
Sunday, May 31, 2020 5:35 PM EDT
The Canadian dollar posted sharp gains last week, as USD/CAD fell to its lowest level since mid-March. There are seven releases in the upcoming week, including the BoC rate decision. Here is a look at the highlights and an updated technical analysis.
In this article: FXC
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Markets Week Ahead: AUD, CAD, GBP, Brexit Talks, Dow Jones, USD, NFPs
Article By: DailyFX
Sunday, May 31, 2020 12:10 PM EDT
Sentiment was reinvigorated this past week as US benchmark stock indexes resumed the bounce off March lows. The haven-linked US Dollar succumbed to selling pressure despite rising tensions between the United States and China.
In this article: FXE, FXA, FXB, FXC, FXY, GLD, USO, UUP, SPX
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Trading Support And Resistance - Sunday, May 31
Article By: Daily Forex
Sunday, May 31, 2020 11:12 AM EDT
The Forex market is showing a similar level of price activity compared to the previous week, with 52% of the important currency pairs and crosses moving by more than 1% in value over the past week. Volatility is likely to remain at a similar level.
In this article: FXE, FXA, FXB, FXC, FXY, UUP
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