1.394USD
Today
+0.23%
5 Days
+1.12%
1 Month
+2.31%
6 Months
-0.16%
Year to Date
+1.55%
1 Year
+1.90%
Opening Price
1.389Previous Closing Price
1.390The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
Short positions below 1.3900 with targets at 1.3865 & 1.3845 in extension.
above 1.3900 look for further upside with 1.3910 & 1.3925 as targets.
short positions below 1.3900 with targets at 1.3865 & 1.3845 in extension.
Canada Participation Rate below expectations (65.1%) in May: Actual (65%)
The Canadian Dollar (CAD) pares some losses against the US Dollar (USD) on Friday, with the USD/CAD pair trading at 1.3880 at the time of writing after hitting a two-month high of 1.3925 on Thursday.
TD Securities economists expect Canada’s May employment to rise by 5k versus the market’s 10k, after an 18k loss in April, with the unemployment rate steady at 6.9%.
Francesco Pesole at ING flags that weak April Canadian labour data and a still-dovish jobs contribution to Bank of Canada policy contrast with a widening USD/CAD two-year swap spread and emerging USMCA risk premium.
The USD/CAD pair trades marginally lower at around 1.3900 during the European trading session on Friday. The Loonie pair is expected to trade with caution in the countdown to the United States (US)-Canada labor market data for May, which will be published at 12:30 GMT.
Statistics Canada will release its Labour Force Survey on Friday, and markets are bracing for quite a steady print. The Unemployment Rate is expected to remain at 6.9% in May, while the Net Change in Employment is forecast to increase by 10K, reversing April’s 17.7K drop.
Popular Instruments
