Canadian dollar

USD/CAD’s technical overview remains bullish ahead of the fundamental event where the central bank is likely to cut rates by 50bp.

2024-12-11T10:20:58+0000

As September is off to a rough start for global markets, we look at the USD/CAD and USD/JPY in today’s FX Watch.

2024-09-05T00:02:11+0100

Since the DAX 40 is displaying potentially short-term toppish technical signals we would like to go short the front month futures contract or index with a stop loss above last week’s record high and a downside target at 18,250.

2024-05-20T23:50:44+0100

This week IG's Chief Market Analyst, Chris Beauchamp, looks at USD/CAD, going long at C$1.3677 with a stop at C$1.36, in expectation of a move higher on US dollar strength.

2024-05-14T00:10:25+0100

​​The euro is retreating against the pound, as is the US dollar versus its Canadian counterpart. AUD/USD is holding firm near recent highs.

2024-03-14T21:36:26+0000

IG’s Chief Market Analyst, Chris Beauchamp, looks at going long USD/CAD around C$1.3480, with a stop at C$1.3400 and a target of C$1.3650.

2024-03-12T00:53:02+0000

The US dollar (DXY) lacks direction before crucial US events; Fed Chair Powell's testimony later this week could spark volatility. This article examines the technical outlook for EUR/USD, GBP/USD, and USD/CAD.

2024-03-06T05:40:39+0000

Both the euro and sterling are attempting to stem the downside against the dollar, while the US dollar is dropping back against the Canadian dollar.

2024-02-07T11:03:13+0000