US Dollar Index (DXY) Weakens as Markets Pare Fed Rate Hike Bets
The US dollar weakened at the start of the trading week as investors trimmed their bets that the Federal Reserve will raise interest rates in…
Posts Tagged: USD/CAD
USD/CAD Pulls Back Off Session Highs to Trade at About 1.3932
On Thursday, the USD/CAD currency pair pulled back from the session highs of about 1.3960 to trade at about 1.3932. The currency pair trades within…
USD/CAD Extends Decline as Strong Oil Prices and Fed Expectations Support Canadian Dollar
USD/CAD remains under pressure on Tuesday, marking its third consecutive session of weakness. Despite the decline, bearish momentum has been limited as the US Dollar…
US Dollar Weakens After Economy Sheds 23,000 Jobs in July
The US dollar weakened at the end of the trading week as investors adjusted their expectations for Federal Reserve policy following the July jobs report….
USD/CAD Holds Near Highs as Markets Await Key US and Canadian Employment Data
USD/CAD traded near the 1.4020 level on Friday, posting only modest gains as investors adopted a cautious stance ahead of the release of closely watched…
USD/CAD Bounces Off Session Lows to Trade at About 1.4016
On Thursday, the USD/CAD currency pair bounced from the session lows of about 1.3987 to trade at about 1.4016. The currency pair trades within a…
USD/CAD Extends Decline as Stronger Oil Prices Boost Loonie Ahead of US Payrolls
The USD/CAD pair remained under pressure for a second consecutive session on Thursday, trading near 1.4010 during European hours. The decline was primarily driven by…
US Dollar Suffers Sharp Selloff Amid Spike in US Treasury Yields
The US dollar plummeted on Thursday as the currency failed to rally alongside long-term Treasury yields one day after the Federal Reserve left interest rates…