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USD/CAD Dives Below the 1.3700 Threshold
The USD/CAD has continued to dive after available fundamentals have failed to attract investors. The US Consumer Credit Change data arrived lower than market anticipations. This allowed the Canadian dollar to keep gaining against the US dollar, creating a headwind for the pair. Key Price Levels:Resistance Levels: 1.3800, 1.3900, and 1.4000Support Levels: 1.3700, 1.3600, and…
USD/CAD steady after Canada’s CPI slips to 2% – MarketPulse
The Canadian dollar is showing limited movement on Tuesday. Early in the North American session, USD/CAD is trading at 1.3601 at the time of writing, up 0.10% today. Canada’s CPI declines more than expected Canada’s inflation rate dropped to 2% in August. This was down sharply from 2.5% in July and below the market estimate…
USD/CAD in holding pattern ahead of US, Cdn. jobs data – MarketPulse
The Canadian dollar started the week with strong gains but has shown little movement since then. In the European session, USD/CAD is trading at 1.4411, up 0.12% at the time of writing. We could see stronger movement from the Canadian dollar in the North American session, with the release of Canadian and US employment reports….
Weekly Trading Statistics: Apr 2 – Apr 9, 2025 The5ers Forex Prop Firm
Website Disclaimers Five Percent Online Ltd. (“We”, “Our”, “Us”, or “Company”) operates as a proprietary trading firm. The Company is not a custodian, exchange, financial institution, trading platform, fiduciary or insurance business outside the purview of financial regulatory authorities. “The5%ers” is a brand name operated by the Company. All trading activities conducted through the Company…
USD/CAD Forecast: Bearish Under 1.38 Amid Stable WTI & Improved Risk, US PMI Eyed – Forex Crunch
The USD/CAD forecast remains strongly bearish under 1.3800 as the geopolitical risks ease. Upbeat US GDP data failed to sustain buying pressure for the US dollar. Stable oil prices and receding oversupply concerns continue to support the loonie. USD/CAD has stabilized around 1.3790 after snapping a four-day losing streak, as the US dollar finds a…
Interactive Brokers Predicts Prediction Markets to Surpass Equities in 16 Years
Thomas Peterffy, Founder and Chairman of Interactive Brokers, appeared on CNBC to discuss the market rally following Donald Trump’s recent election victory. Broker stocks, including Interactive Brokers, saw notable gains as part of the rally. Regulatory Changes Driving Activity Peterffy acknowledged that while the surge may not be fully justified, he sees a more favorable…
