FX.co ★ Analytics USDCAD | US Dollar (USD) to the Canadian Dollar (CAD) Rate in the Forex market

I think few expected strong dollar moves last Friday. Due to the Independence Day holiday in the U.S., trading activity in the currency market was notably reduced. On Friday...

Today, the euro, yen, and pound were traded using the Momentum strategy. I did not execute any trades based on the Mean Reversion strategy. The euro posted solid gains today...

The dollar came under pressure from sellers after the recent speech by the new Federal Reserve Chairman, Kevin Warsh, indicated a noticeably softer stance by the committee than previously expected...

The US dollar faced some pressure on Friday but managed to recover much of the positions it lost against the euro, pound, and other risk assets...

In the coming days, the euro is expected to remain in a sideways range. The estimated resistance zone is likely to cap further gains and create conditions for a reversal...

Today, the euro trade was executed using the Momentum strategy, while I did not take any trades based on the Mean Reversion strategy. A busy economic calendar is expected ahead...

Today, both the euro and the British pound performed well under the Mean Reversion strategy. I did not take any trades using the Momentum strategy. The euro declined following...

Demand for the U.S. dollar has eased somewhat ahead of the release of important U.S. inflation data. Against this backdrop, the euro, the pound, and other risk-sensitive assets have...

Today, the euro, the British pound, and the Australian dollar were traded using the Mean Reversion strategy, but the results were disappointing. I did not take any trades based...

The dollar continues to rise despite the resolution of the situation in the Middle East. This is linked to heightened expectations among traders for interest rate increases by the Federal...