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CFDs are complex financial instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. CFDs are complex financial instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

USD/CAD

More articles from IG: News and trade ideas
USD/CAD

USD/CAD Trade: Bracing for the BoC

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

IG Spread betting and CFD Trading

Trade of the week: short DAX 40

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

IG Spread betting and CFD Trading

Trade of the week: long USD/CAD

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