XM tillhandahåller inte tjänster till personer bosatta i USA.
U
U

USDCAD


XM-forskning

Technical Analysis – USDCAD uptrend loses power

USDCAD lacks strength but holds near key support zone Short-term bias looks neutral   USDCAD has been facing difficulties in printing new higher highs for more than a week now, shifting to the sidelines to trade around 1.3480. The technical indicators are mirroring the absence of buying interest, with the RSI easing towards its 50 neutral mark and the MACD remaining muted below its red signal line.
U

Market Comment – Dollar in wait and see mode, kiwi extends gains

Dollar trades mixed as traders await tomorrow’s Fed minutes Kiwi extends gains on bets that the RBNZ could hike again Aussie remains unimpressed by hawkish RBA minutes China announces biggest ever cut in 5-year LPR Fed minutes the next test for the dollar The US dollar traded mixed against the other major currencies on Monday as US markets remained closed in observance of President’s Day.
U
A
N
U
N

Week Ahead – Fed minutes headline a data-heavy week

Dollar shines after inflation surprise, awaits latest Fed minutes  In Europe, business surveys will be crucial for euro and sterling Canadian and Australian data releases also on the agenda     Fired up dollar turns to FOMC minutes It was a beneficial week for the US dollar, which charged higher after data revealed US inflation is not cooling down as quickly as investors had hoped.
E
G
U

Technical Analysis – USDCAD retains upside pressure in ascending channel

USDCAD starts a battle with 200-day SMA However, MACD and stochastic suggest bearish retracement USDCAD has been recouping some losses after the strong bearish movement in the preceding two sessions but is currently finding strong resistance near the 200-day simple moving average (SMA) at 1.3480. The pair has been developing within an upward sloping channel over the last month.
U

Will Canadian CPI data offer the loonie any support? – Preview

Inflation in Canada has been stuck above 3.0% since the summer The Bank of Canada is keeping rate hike option on the table Yet, the loonie has been on the backfoot versus the dollar this year Will Tuesday’s CPI data (13:30 GMT) put BoC’s inflation fight back on track? The long fight to get inflation to target The Bank of Canada has made great strides in its bid to get inflation back to its 1-3% target band, but as is the case in the United States and other major economies,
U

What is next for commodity-linked currencies?

Risk linked currencies lose correlation to S&P 500 Dollar outperforms all as Fed implied rate path rises BoC abandons tightening bias, but RBA and RBNZ stay hawkish China impacts aussie and kiwi, loonie linked to oil prices Surrendering to the greenback’s dominance Just before the turn of the year, the risk-linked currencies - the Australian dollar, the New Zealand dollar, and the Canadian dollar - also known as the commodity-linked currencies, have come under selling pr
A
N
U
A

Technical Analysis – USDCAD retreats towards crucial trendline

USDCAD gets repeatedly repelled by 1.3543 Latest rejection triggers decline below 200-day SMA Momentum indicators ease but remain positive USDCAD had been staging a solid recovery from its December low of 1.3176, but its advance was rejected twice at the 2024 peak of 1.3543. The persistent inability to claim that hurdle resulted in a retreat below the 200-day simple moving average (SMA) this week, with the pair currently testing a crucial ascending trendline.
U

What impact will Canada's employment figures have on the loonie? – Preview

Canada’s economy likely added more jobs in January Ivey PMIs rises to its highest level in 9 months BoC summary of deliberations gets releasedon Wednesday Loonie rises ahead of Friday’s data due at 13:30 GMT In Canada, a number of data releases are scheduled for this week. On Tuesday, the Ivey Purchasing Managers' Index (PMIs) came out, which will be followed by the summary of deliberations from the most recent Bank of Canada meeting on Wednesday.
U

Weekly Technical Outlook – USDJPY, AUDUSD, USDCAD

USD/JPY halts post-NFP gains near familiar resistance; ISM services PMI awaited AUD/USD misses a bullish breakout. Will the RBA come to the rescue? USD/CAD stuck within the 1.3400 territory ahead of Canadian jobs report   ISM non-manufacturing PMI --> USD/JPY Another US jobs report beat analysts’ forecasts by a large margin on Friday, helping USD/JPY to close the day higher by 1.3% at 148.32 on expectations the Fed may not cut interest rates in March.
U
A
U

 Technical Analysis – Will USDCAD continue the rebound off 1.3355?

USDCAD flirts with 20- and 50-day SMAs Strong obstacle at 200-day SMA MACD looks too weak USDCAD has rebounded somewhat after falling to the 1.3355 support level, but momentum indicators now suggest that the market sentiment might get worse before getting better as the MACD is reversing back to the downside after failing to break decisively above its trigger line.
U

Technical Analysis – USDCAD slides but finds support at around 1.3410

USDCAD retreats but meets support at 1.3410 Both the daily oscillators paint a mixed picture For the picture to brighten, a break above 1.3535 may be needed USDCAD slid in the last few days after hitting resistance once again at around 1.3535. That said, the retreat stopped near the 1.3410 barrier, keeping the pair above the prior downtrend line drawn from the high of November 1. If more bulls are willing to jump into the action from near the 1.3410 barrier, the pair may advance a
U

Will the Fed push back against imminent rate cuts? – Preview

Investors scale back bets of a March Fed rate cut US economic data since December point to improvement Focus turns to Fed meeting for clearer guidance on interest rates Decision on Wednesday at 19:00 GMT, press conference at 19:30 To cut in March or not to cut? There has been a notable repricing regarding the Fed’s future course of action since the beginning of 2024. From fully pricing in a 25bps cut in March, investors are now assigning around a 50% for such a move, despite
U

Technical Analysis – USDCAD looks ready for bearish retracement

USDCAD battles with 200-day SMA Holds above downtrend line But momentum indicators show weak signals USDCAD is holding above the medium-term ascending trend line and is moving back and forth from the flat 200-day simple moving average (SMA) at 1.3483. The technical indicators are still located in the bullish area, with the MACD stretching slightly above its red signal line but with weak momentum, and the RSI is pointing marginally up near the 50 level.
U

Market Comment – Dollar pulls back, Yen stages another recovery

Dollar retreats as Bullard talks March rate cut Yen recovers again on BoJ hike speculation BoC to keep interest rates untouched Risk appetite remains supported, S&P 500 hits new record Bullard says Fed could cut rates as soon as March The US dollar traded higher against most of the major currencies on Tuesday, losing some ground only against the risk-linked aussie, kiwi and loonie.
U
U
E
A
G
N
U

Weekly Technical Outlook – EURUSD, USDJPY, USDCAD

EUR/USD constrained between SMAs ahead of ECB policy decision & flash PMIs USD/JPY faces limited room for improvement as BoJ rate decision & US data loom USD/CAD comes under pressure. Will the BoC policy meeting boost sentiment?   ECB policy meeting --> EUR/USD EUR/USD had a soft positive opening on Monday, gradually approaching the 1.0900 round level as investors awaited a volatile week ahead.
U
E
U

New year, old habits for the BoC? – Preview

BoC meets on Wednesday; decision to be announced at 14.45 GMT Market wants a dovish show, but BoC might not be ready for such a shift Loonie could find its footing again against the US dollar Bank of Canada meets on Wednesday The week will be dominated by central bank meetings with the first BoC gathering for 2024 coming on Wednesday.
U

Week Ahead – ECB and BoJ meetings in the spotlight

Japanese yen loses ground ahead of BoJ decision on Tuesday ECB meets on Thursday, will it push back against rate cut bets? Bank of Canada decides too, while the US releases GDP stats    BoJ unlikely to rescue battered yen The Japanese yen started the new year on the wrong foot, losing 5% of its value against the US dollar in the space of three weeks as cooling inflation and a sharp slowdown in wage growth convinced investors that the Bank of Japan will delay its plans to e
U
E
U

Technical Analysis – USDCAD breaks above downtrend line

USDCAD surges after breaking a downtrend line MACD and RSI detect positive momentum A dip below 1.3345 is needed to turn the picture bearish again USDCAD traded sharply higher today, after it broke above the downtrend line drawn from the high of November 1. The pair is currently respecting a new shorter-term upside support line taken from the low of December 29 and has just poked its nose above the 1.3480 zone, marked by the inside swing low of December 4. The MACD lies above both
U

Week Ahead – China GDP and December CPI reports eyed amid rate cut frenzy

China reports Q4 GDP data on Wednesday; is a rebound in store? CPI numbers due in UK, Japan and Canada Retail sales to be the main focus in the US Is China’s recovery getting back on track? The Chinese economy suffered several wobbles in 2023, as the property crisis went from bad to worse. Markets held their breath for a major stimulus announcement, but with one eye on deleveraging, authorities’ response only went as far as offering targeted drip-feed measures, leaving investo
U
A
G
U
U

Technical Analysis – USDCAD bears show up near key resistance

USDCAD pauses rebound near key resistance trendline Market sentiment remains fragile below 1.3440   USDCAD could not climb into the 1.3400 zone despite the slight positive surprise in the US CPI inflation numbers on Thursday, staying below the ascending trendline drawn from November 22. The pair also seems to be trapped between the upper 2021 ascending trendline around 1.3440 and the constraining line from November 2022 near 1.3345. Encouragingly, the price has built a floor arou
U



Villkor

Populära tillgångar

Ansvarsfriskrivning: XM Group-enheter tillhandahåller sin tjänst enbart för exekvering och tillgången till vår onlinehandelsplattform, som innebär att en person kan se och/eller använda tillgängligt innehåll på eller via webbplatsen, påverkar eller utökar inte detta, vilket inte heller varit avsikten. Denna tillgång och användning omfattas alltid av i) villkor, ii) riskvarningar och iii) fullständig ansvarsfriskrivning. Detta innehåll tillhandahålls därför uteslutande som allmän information. Var framför allt medveten om att innehållet på vår onlinehandelsplattform varken utgör en uppmaning eller ett erbjudande om att ingå några transaktioner på de finansiella marknaderna. Handel på alla finansiella marknader involverar en betydande risk för ditt kapital.

Allt material som publiceras på denna sida är enbart avsett för utbildnings- eller informationssyften och innehåller inte – och ska inte heller anses innehålla – rådgivning och rekommendationer om finansiella frågor, investeringsskatt eller handel, dokumentation av våra handelskurser eller ett erbjudande om, eller en uppmaning till, en transaktion i finansiella instrument eller oönskade finansiella erbjudanden som är riktade till dig.

Tredjepartsinnehåll, liksom innehåll framtaget av XM såsom synpunkter, nyheter, forskningsrön, analyser, kurser, andra uppgifter eller länkar till tredjepartssajter som återfinns på denna webbplats, tillhandahålls i befintligt skick, som allmän marknadskommentar, och utgör ingen investeringsrådgivning. I den mån som något innehåll tolkas som investeringsforskning måste det noteras och accepteras att innehållet varken har varit avsett som oberoende investeringsforskning eller har utarbetats i enlighet med de rättsliga kraven för att främja ett sådant syfte, och därför är att betrakta som marknadskommunikation enligt tillämpliga lagar och föreskrifter. Se till så att du har läst och förstått vårt meddelande om icke-oberoende investeringsforskning och riskvarning om ovannämnda information, som finns här.

Riskvarning: Ditt kapital riskeras. Hävstångsprodukter passar kanske inte alla. Se vår riskinformation.