Tag: USDCAD

With market elation over a Greek debt agreement, risk sentiment is anticipated to push the Canadian dollar to further gains opposite its currency neighbor, US dollar.

The USD/CAD currency pair initially rose during the session on Monday, but failed to keep its gains and formed a shooting star as a result. This shooting star is just above the 0.99 level, an area that...

The USD/CAD pair fell on Friday as the “risk on” rally started up. However, we are still above the 0.99 handle, which of course is a fairly significant support line. As long as we are above that...

The USD/CAD pair rose slightly during the Thursday session as Americans took the day off for Thanksgiving. Typically this market will move most in the North American session, and as such we ended up having a very...

USD/CAD fell during the session on Wednesday after initially gaining. The market did very little in the end though, and this makes sense as most traders in North America are more interested in the Thanksgiving holiday than...

The USD/CAD pair did very little during the session on Tuesday as we continue to consolidate between the parity and 0.99 levels. We currently sit just below the 200 day exponential moving average, and as such there...

The USD/CAD pair fell during the session on Monday as the parity level offered resistance yet again. However, we see this market has been stuck between 0.99 and parity, and as such aren’t willing to get involved...

The USD/CAD pair fell gained substantial ground during the Friday session, but as the congressional leaders came out and essentially “held hands” at the press conference in late Friday trading, the pair fell as risk appetite increased.