Tag Archives: USD/CAD
Focus on USD/CAD Today – 27th December 2023
Comprehensive USD/CAD Analysis for December 27, 2023 USD/CAD Key Takeaways USD/CAD Fundamental Analysis Greenback took a hit during holiday season trading, pinned down by bearish economic data. From the Canadian end, its latest Gross Domestic Product for the month of October came in flat at 0%, falling short of expectation for a rise of 0.2%. […]
Focus on USD/CAD Today – 5th October 2023
Comprehensive USD/CAD Analysis For October 5, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USD/CAD for 5th October 2023. Key Takeaways USD/CAD Technical Analysis USD/CAD Weekly Chart The weekly chart of USD/CAD in October 2023 revealed a pivotal development. The closing line for the week was on the verge […]
9.15 FX Daily USD/CAD
Focus on USD/CAD today. Fundamentally, the continued rise in oil prices this week has driven market demand for the Canadian dollar and promoted the appreciation of the Canadian dollar. This has also made the implementation of the Bank of Canada’s monetary policy more difficult to a certain extent. In the short term, oil prices affect […]