Previous forecasts
Browse earlier USD/CAD outlooks and analysis.
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
8May 2024
Fundamental Analysis:Recent economic news releases from Canada and the United States are set to significantly influence the USD/CAD exchange rate. Here's a brief on the upcoming economic indicators:
Read forecast: USD/CAD Forecast — 8 May 2024
2May 2024
Fundamental Analysis:The USD/CAD currency pair, often referred to as the "Loonie," mirrors the exchange rate between the U.S. Dollar and the Canadian Dollar. Key economic factors include oil prices due to Canada's substantial crude exports, interest rate differentials set by the Federal…
Read forecast: USD/CAD Forecast — 2 May 2024