Canadian Dollar Weekly Price Outlook: Loonie Breakout Imminent
In this series we scale-back and look at the broader technical picture to gain a bit more perspective on where we are in trend. The Canadian Dollar is down 0.65%… Read more »
Tag: Loonie
U.S. Dollar Shows Strength Vs. Loonie
The U.S. dollar has rallied quite nicely against the during the trading session on Friday, in a bit of a “risk off” type of move. At this point, it’s likely… Read more »
USD/CAD Forecast May 6-10 – Loonie holds own, but weak GDP could mean headwinds ahead
USD/CAD posted slight losses last week. This week’s major events are Ivey PMI and employment change. Here is an outlook for the highlights of this week and an updated technical… Read more »
USD/CAD at Weekly High as Loonie Dives
The Canadian Dollar is virtually unchanged against the US Dollar since the start of the week and we’re looking for a break of the weekly opening-range heading into US Non-Farm… Read more »
Dollar Rides Euro, Loonie Weakness Higher By Investing.com
© Reuters. Investing.com – The U.S. dollar inched higher against a basket of major currencies Wednesday on a slump in the euro. But gains in the greenback were limited somewhat… Read more »
Loonie Falls As Bank of Canada Keeps Rates Steady By Investing.com
© Reuters. Investing.com – The greenback rose on Wednesday, while the loonie slumped after the Bank of Canada kept steady as expected. The , which measures the greenback’s strength against… Read more »
USD/CAD Eyes Breakout as Loonie Coils
The Canadian Dollar is virtually unchanged against the US Dollar for the week as price continues to narrow within the confines of the larger consolidation pattern we’ve been tracking. These… Read more »
Loonie holds weaker as oil prices under slight pressure on the day
The Canadian dollar is the worst performing major currency so far today ForexLive The loonie is arguably the only currency with an extended trading range as markets remain rather quiet… Read more »
USDCAD tests 100 day MA. Crude oil runs higher helping the loonie
Crude oil tests 200 day MA. The price of the USDCAD has moved lower in trading today helped by a risiing crude oil price. For the USDCAD, the pair has… Read more »
USD/CAD – Loonie takes flight after stronger GDP
Canada Jan GDP +0.3% From Dec Canada Industrial Prices +0.3% In Feb From Jan Canada Raw Materials Prices +4.6% In Feb From Jan Canada expands in January Data this morning… Read more »