Previous forecasts
Browse earlier USD/CAD outlooks and analysis.
12Sep 2024
Fundamental Analysis:The USD/CAD forex pair represents the exchange rate between the U.S. dollar and the Canadian dollar, with both economies being heavily influenced by commodity prices, particularly oil. Recently, the U.S. dollar has experienced some fluctuations due to upcoming U.S. economic reports,…
Read forecast: USD/CAD Forecast — 12 September 2024
6Sep 2024
Fundamental Analysis:The USDCAD pair remains sensitive to key economic releases from both the U.S. and Canada. On the U.S. side, today’s Non-Farm Payrolls (NFP) and unemployment data will have a major impact on the U.S. Dollar’s strength. Positive employment data can strengthen…
Read forecast: USD/CAD Forecast — 6 September 2024
25Aug 2024
Fundamental Analysis:The USD/CAD news analysis today is influenced by a variety of macroeconomic factors, including crude oil prices (since Canada is a major oil exporter), interest rate differentials between the Federal Reserve and the Bank of Canada, and economic indicators such as…
Read forecast: USD/CAD Forecast — 25 August 2024
9Aug 2024
Fundamental Analysis:The USDCAD currency pair is influenced today by significant economic data releases from Canada. The Canadian Employment Change report shows an increase of 26.9K jobs, which is higher than anticipated, signaling a strengthening labor market. Concurrently, the Canadian Unemployment Rate is…
Read forecast: USD/CAD Forecast — 9 August 2024
24Jul 2024
Fundamental Analysis:The USD/CAD news analysis today is driven by several economic indicators and significant announcements. For the Canadian dollar, the key factors affecting the value of CAD include the Bank of Canada (BoC) Monetary Policy Report, the BoC Rate Statement, and the…
Read forecast: USD/CAD Forecast — 24 July 2024