CurrencyShares Canadian Dollar Trust | TalkMarkets | Page 1
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USD/CAD Remains Supported Above 1.3640 Ahead Of Fed’s Policy Announcement
Article By: Sagar Dua
Monday, April 29, 2024 10:22 AM EDT
USD/CAD trades above 1.3640 as the US Dollar rebounds ahead of the Fed’s policy decision. The Fed is expected to emphasize keeping interest rates restrictive for a longer period.
In this article: FXC, UUP
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Yen Dumps Before It Jumps
Article By: Marc Chandler
Monday, April 29, 2024 10:15 AM EDT
The FOMC meeting, the US employment report, and eurozone CPI were to be the highlights of the week, but the Japanese yen stole the march to start the week.
In this article: FXE, FXA, FXB, FXC, FXY, UUP
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USD/CAD Weekly Forecast: Slowing US Economy Dents Dollar
Article By: Yohay Elam
Saturday, April 27, 2024 8:19 PM EDT
Several economic reports from the US pointed to a slowdown in the economy. US business activity fell in April, showing the impact of higher interest rates. Investors will focus on the FOMC meeting and the jobs report from the US.
In this article: FXC, UUP
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USD/CAD Price Analysis: Consolidates Around 1.3650 Ahead Of Fed’s Preferred Inflation Gauge
Article By: Sagar Dua
Friday, April 26, 2024 8:25 AM EDT
USD/CAD trades sideways ahead of the US core PCE Inflation that will influence Fed rate cut expectations.
In this article: FXC, UUP
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USD/CAD Extends Its Downside Below 1.3670, Investors Await US PCE Data
Article By: Lallalit Srijandorn
Thursday, April 25, 2024 8:30 PM EDT
The USD/CAD pair extends its downside near 1.3655 on Friday during the early Asian session. The decline of the US Dollar (USD) to the two-week lows around the mid-105.00s exerts some selling pressure on the pair.
In this article: FXC, UUP
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