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USD/CAD Pullback From 50-Day SMA Leads To Break Of March Opening Range
Article By:
David Song
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Thursday, March 11, 2021 11:27 AM EDT
USD/CAD snaps the monthly opening range for March as it continues to pullback from the 50-Day SMA.
The Best Recession Proof Canadian Stocks To Watch In 2021
Article By:
Hashtag Investing
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Thursday, March 11, 2021 5:46 AM EDT
A market correction is unstoppable and has been a long time coming. As global markets are boasting unsustainable growths driven by speculative stocks, these recession-proof stocks are ideal bets on Bay Street now.
Canadian Dollar Price Outlook: USD/CAD, EUR/CAD Eyed Post-BoC
Article By:
Rich Dvorak
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Wednesday, March 10, 2021 6:31 PM EDT
The Canadian Dollar was a mixed bag on Wednesday with Loonie strength versus its US Dollar and Yen peers offset by weakness more broadly.
Bank Of Canada Plays The Waiting Game
Article By:
ING Economics
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Wednesday, March 10, 2021 12:28 PM EDT
The Bank of Canada has left monetary policy unchanged, with the overnight rate kept at 0.25% and the quantitative easing program of “at least C$4bn per week” continuing for now.
In this article: EWC
USD/CAD Tracks March Opening Range Ahead Of BoC Rate Decision
Article By:
David Song
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Tuesday, March 9, 2021 4:27 PM EDT
USD/CAD is little changed from the start of the week even as longer-dated US Treasury yields trade above pre-pandemic levels.
Forex Weekly Outlook March 8-12 – US Dollar Flexes Muscles, ECB Rate Decision Eyed
Article By:
Yohay Elam
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Sunday, March 7, 2021 1:50 PM EDT
The US economy continues on its path of recovery, with solid PMIs and nonfarm payroll reports. The US dollar is also showing strength. This week highlights rate decisions from the ECB and Bank of Canada and GDP reports in the eurozone and the UK.
Trading Support And Resistance - Sunday, March 7
Article By:
Daily Forex
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Sunday, March 7, 2021 12:11 PM EDT
Last week was dominated by relative strength in the U.S. dollar, and relative weakness in the Swiss franc and Japanese yen. For March, we forecast that the USD/JPY currency pair will rise in value, while the EUR/USD currency pair will fall.
Markets Week Ahead: Dow Jones, Nasdaq 100, US Dollar, Crude Oil, ECB, BoC, Treasuries
Weekly Forex Forecast, Sunday, Mar. 7
Article By:
Christopher Lewis
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Sunday, March 7, 2021 8:12 AM EDT
The British pound rallied rather significantly during the course of the trading week to break above the ¥150 level again. Right now, it looks like we are doing everything we can to break above it, and I think eventually we will.