Previous forecasts
Browse earlier USD/CAD outlooks and analysis.
17Jun 2024
Fundamental Analysis:USDCAD is influenced by several economic factors from both the US and Canada. For the USDCAD news forecast today, the focus is on the Empire State Manufacturing Index from the US, which is forecasted to be -12.5. This high-impact data could…
Read forecast: USD/CAD Forecast — 17 June 2024
5Jun 2024
Fundamental Analysis:The USDCAD pair continues to be influenced by a combination of economic data and geopolitical factors. Recent US economic reports, such as strong employment figures and ongoing inflation concerns, are pushing the Federal Reserve towards potential interest rate hikes, thereby strengthening…
Read forecast: USD/CAD Forecast — 5 June 2024
29May 2024
Fundamental Analysis:Economic indicators from Canada and the United States continue to play a significant role in influencing the USD/CAD exchange rate. Key data such as employment reports, inflation rates, and central bank statements should be closely monitored. For instance, changes in oil…
Read forecast: USD/CAD Forecast — 29 May 2024
20May 2024
Fundamental Analysis:The USD/CAD price is influenced by various economic factors, including interest rate differentials between the Federal Reserve and the Bank of Canada, economic indicators such as GDP growth rates, and commodity prices, particularly oil, which is a major export for Canada.…
Read forecast: USD/CAD Forecast — 20 May 2024
14May 2024
Fundamental Analysis:The USDCAD pair could experience volatility due to a mix of upcoming economic data and news from both the US and Canada. For Canada, the Wholesale Sales report might slightly impact the CAD if results are better than expected, hinting at…
Read forecast: USD/CAD Forecast — 14 May 2024