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USD/CAD price news & forecast: canadian dollar spikes to 1.3300 handle, over 1-month tops

USD/CAD spikes to 1.3300 handle, over 1-month tops

The USD/CAD pair jumped to over one-month tops during the early European session on Wednesday, with bulls now looking to extend the momentum further beyond the 1.3300 handle. Read more…
 

USD/CAD Analysis: breakout occurs

Upside risks have dominated the US Dollar against the Canadian Dollar since yesterday’s trading session. The currency pair has appreciated by 98 basis points since the previous session. A breakout occurred through the upper boundary of a descending channel pattern at 1.3220 on Tuesday. Read more…

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