The USD/CAD outlook remains under pressure amid a cooling US CPI data, marking the lowest pace of inflation since 2021.

The USD/CAD closed the last week slightly lower, losing around 0.40%, near the mid-1.3700 area as the US-Canada macro divergence widened.

USD/CAD trades firmer above key support at 1.3800 as markets await the Fed’s decision, while the Bank of Canada is widely expected to hold rates at 2.25%, with swaps pricing a potential 25bps hike ...

According to the CME FedWatch tool, the probability of the Fed cutting interest rates by 25 basis points (bps) to 3.50%-3.75% ...

The USD/CAD exchange rate has crashed and formed a death cross pattern in the past few months. It initially peaked at 1.4793 in February and then plunged by 8% to 1.3600. This article explores what to ...

As expected, overnight implied volatility in USD/CAD has surged ahead of the BoC and FOMC meetings. We’re also seeing 1-week ...