1.398USD
Today
+0.26%
5 Days
+0.60%
1 Month
+2.24%
6 Months
+0.95%
Year to Date
+1.85%
1 Year
+2.27%
Opening Price
1.394Previous Closing Price
1.394The 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.

Long positions above 1.3950 with targets at 1.3995 & 1.4010 in extension.
below 1.3950 look for further downside with 1.3935 & 1.3920 as targets.
long positions above 1.3950 with targets at 1.3995 & 1.4010 in extension.
Rabobank’s Molly Schwartz and Christian Lawrence review the latest Bank of Canada (BoC) decision, noting policymakers kept the overnight rate at 2.25% in June. They highlight ongoing risks from high energy prices and prolonged inflation, alongside a technical recession.

The USD/CAD pair attracts fresh buyers following an intraday dip to the 1.3930 area on Thursday and builds on the overnight bounce from the weekly low.

Deutsche Bank highlights that the Bank of Canada left its policy rate unchanged at 2.25% but stressed flexibility. Governor Macklem indicated that sustained higher energy prices could require consecutive rate hikes, while potential US trade restrictions might instead justify rate cuts.

USD/CAD loses ground for the third successive day, trading around 1.3940 during the Asian hours on Thursday.

The USD/CAD pair struggles to capitalize on the overnight bounce from the 1.3900 mark, or the weekly low, and ticks lower during the Asian session on Thursday.

The Bank of Canada (BoC) left its policy rate unchanged at 2.25% on Wednesday, as widely expected, delivering a neutral-to-mildly dovish hold.

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