USD/CAD: Not only upside pressures [Video]

Dollar/CAD has a lot of moving parts: the recent weakness of the greenback helps it recover but oil prices are not really rising. The Bank of Canada seems to see the glass half empty when examining the mixed data coming out of the country. The nation depends heavily on US demand. While Trump has vowed to renegotiate NAFTA, a side deal with Canada could soften the blow to the loonie. Also the reversal of the Keystone XL and South Dakota Access pipelines provides hope for the C$, but caution is warranted.

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile

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