Archive for Tag: canadian dollar rate

Dollar Index

Dollar Stabilizes Below 20-Year High; Bostic Comments in Focus

Dollar Index is trading down 0.09% at 103.54 The U.S. dollar stabilized in early European trade Tuesday after earlier falling back from a two-decade high as traders reappraise the likelihood of aggressive Federal Reserve rate increases. At 3:05 AM ET (0705 GMT), the Dollar Index, which tracks the greenback...

Read More
U.S. Dollar Index

Dollar Up, Above 100-Mark Ahead of U.S. Inflation Data

DOLLAR INDEX is trading up 0.17% at 100.143 The dollar was up on Tuesday morning in Asia, climbing back above the 100 mark. The U.S. currency was supported by high yields ahead of inflation data due later in the day, which also heightened expectations of tighter monetary policy. The...

Read More
U.S. Dollar Index

Dollar Up, Euro Near One-Month High Over Ukraine War Optimism

USD/JPY is trading down 0.02% at 121.756 The dollar was up on Thursday morning in Asia. The euro held at a one-month high against the dollar, after rallying on hopes that the war in Ukraine could be entering a new de-escalating phase. The Japanese yen was set for its...

Read More
USDCAD Technical Analysis

USDCAD Technical Analysis & Forex Trading Tips

USDCAD Technical Analysis: Weekly Chart In the weekly charts, USDCAD was trading in an up channel. It is trading below all SMA. The immediate support is 1.2444 & the resistance level is at 1.2546. USDCAD was trading in the up channel before there is a breakout downside. USDCAD Technical...

Read More