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CAD (USDCAD CURNCY)
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The Canadian dollar is the official currency of Canada.
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bearish
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CAD
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21 Mar 2024 22:53
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Broker
FX Snapshot - ‘Tis the Season for a Softer USDCAD
The efficient market hypothesis precludes the persistence of seasonal trends in financial markets in theory, but studies have shown that calendar...
Scotiabank
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191 Views
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bullish
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CAD
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25 Jan 2024 20:58
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Broker
FX Snapshot - US Data May Shift USDCAD Range
While the policy statement removed the wording around the suggestion that policy could be tightened further, that is hardly a surprising...
Scotiabank
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262 Views
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bearish
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CAD
•
24 Dec 2023 07:58
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Broker
CAD Weekly Outlook - Merry CADmas
The USD is running into the end of the year on a soft note. Seasonal trends pointed that way but CAD gains have been bolstered by the stronger risk...
Scotiabank
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522 Views
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bullish
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CAD
•
20 Dec 2023 13:34
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Broker
FX Snapshot - Stretched Valuation Does Not Preclude More USDCAD Losses
High beta currencies have done well over the past week. A crack in the Fed’s hawkishness at last Wednesday’s FOMC boosted risk appetite and lifted...
Scotiabank
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275 Views
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bullish
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CAD
•
14 Dec 2023 12:30
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Broker
FX Snapshot – USDCAD Heads Lower post FOMC
The real headwind for the CAD currently stems from weaker commodity prices generally and the soft turn in terms of trade that have resulted so far...
Scotiabank
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288 Views
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