1.406
Today
+0.03%
5 Days
-0.99%
1 Month
+0.53%
6 Months
+1.29%
Year to Date
+2.43%
1 Year
+2.59%
Opening Price
1.406Previous Closing Price
1.405The 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 1.4085 with targets at 1.4020 & 1.4000 in extension.
above 1.4085 look for further upside with 1.4115 & 1.4135 as targets.
short positions below 1.4085 with targets at 1.4020 & 1.4000 in extension.
ING’s Francesco Pesole expects the Bank of Canada to keep rates at 2.25%, with limited incentive to push back against modest December tightening pricing. He sees June CPI potentially falling below 3.0% as petrol prices drop, while core remains near 2.0%.
The USD/CAD pair loses traction to near 1.4050 during the early European trading hours on Wednesday. Traders expect the US Federal Reserve (Fed) to skip the July rate hike as inflation cools, weighing on the US Dollar (USD) against the Canadian Dollar (CAD).
The USD/CAD pair remains under some selling pressure for the second straight day and drops to a four-week low, around the 1.4045-1.4040 region during the Asian session on Wednesday.
The Canadian Dollar (CAD) strengthens sharply against the US Dollar (USD) on Tuesday, drawing support from softer-than-expected US inflation data and rising Oil prices amid escalating tensions in the Middle East.
Royal Bank of Canada (RBC) economist Claire Fan expects Canada’s economy to rebound in Q2 2026, supported by resilient household spending, recovering business investment and expanding net trade.
• Lower US inflation data reduced Federal Reserve terminal rate expectations, weakening the US dollar. • Narrowing yield spreads between US and Canadian bonds increased demand for the Canadian dollar. • Rising oil prices and divergent central bank policy paths further pressured the USDCAD pair.
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