Previous forecasts
Browse earlier USD/CAD outlooks and analysis.
19Nov 2024
Fundamental Analysis:The USDCAD pair faces mixed fundamental influences, with Canadian inflation data showing slight improvement (CPI m/m at 0.3%) but subdued core inflation pressures, potentially prompting the Bank of Canada to maintain a cautious policy stance amid growth concerns. In contrast, resilient…
Read forecast: USD/CAD Forecast — 19 November 2024
8Nov 2024
Fundamental Analysis:The USD/CAD forex trading pair reflects the economic interplay between the United States and Canada, and its news analysis today is influenced by factors like interest rate policies, employment figures, and geopolitical events. Upcoming U.S. data from the University of Michigan…
Read forecast: USD/CAD Forecast — 8 November 2024
29Oct 2024
Fundamental Analysis:USDCAD, reflecting the exchange rate between the US Dollar and the Canadian Dollar, is poised for significant market movements today as multiple economic indicators for both the US and Canada are released. The US has Trade Balance, Wholesale Inventory, House Price…
Read forecast: USD/CAD Forecast — 29 October 2024
23Oct 2024
The USD/CAD news outlook today, is influenced by both the US Dollar and the Canadian Dollar, reacts to economic developments and central bank policies from both the US and Canada. Today, market participants are closely monitoring remarks from Michelle Bowman at the…
Read forecast: USD/CAD Forecast — 23 October 2024
11Oct 2024
Fundamental Analysis:Today, several key factors influence the USD/CAD pair. U.S. data includes the Producer Price Index (PPI), which is a critical indicator of inflation at the producer level. A higher-than-expected PPI result would likely strengthen the U.S. Dollar, reinforcing expectations for a…
Read forecast: USD/CAD Forecast — 11 October 2024