Tag Archives: Bank of Canada
Focus on USDCAD today – 24th April 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDCAD for 24th April 2024. Key Takeaways Technical Analysis Daily Chart Insights 4-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Focus on USD/CAD Today – 18th January 2024
Comprehensive USD/CAD Analysis for January 18, 2024 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USD/CAD for 18th January 2024. USD/CAD Key Takeaways USD/CAD Technical Analysis USD/CAD Daily Chart Insights USD/CAD 1-hour Chart Analysis Trading Central Pivot Indicator Conclusion
The Canadian Dollar Recovered from One-Year-Low of Weak USD
CAD Bounced, But Appreciation Capped The Canadian dollar has strengthened to 1.37 per USD, bouncing back strongly from the one-year low of 1.39 reached on November 1st. This recovery was strengthened by a general retreat in the DXY index, as weak economic data from the US reinforced the Federal Reserve’s indications that they may hold […]