The Canadian Dollar (CAD) recovered some ground against the American Dollar (USD), as seen by the USD/CAD pair, finishing Wednesday’s session with los
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USD/CAD Retreats Following Lackluster US PMI, Mixed CAD Retail Sales DataUS PMI continued the trend today and missed estimates showing signs that the rate hike cycle is being felt. Canadian retail sales provided mixed signals with USDCAD eyeing Jackson Hole for its next move. Retracement incoming or consolidation ahead?
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USD/CAD struggles to cheer downbeat US Dollar above 1.3500 as Oil Price fallsUSD/CAD renews its intraday low near 1.3540 while skating on thin ice during early Tuesday, struggling to defend the week-start pullback from the high
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USD/CAD gains ground above the 1.3540 mark, investors await Canadian Retail Sales, US PMI dataThe USD/CAD pair gains ground above the 1.3500 mark during the early Asian trading hours on Wednesday. The major pair currently trades around 1.3544,
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USD/CAD struggles to gain near the 1.3540 mark, eyes on Canadian Retail Sales, US PMIThe USD/CAD pair faces some follow-through selling in the early Asian session on Tuesday. The major pair currently trades near 1.3542, losing 0.01% on
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USD/CAD remains sideways above 1.3500 as investors eye Jackson Hole eventThe USD/CAD pair trades lackluster above 1.3500 as investors have sidelined ahead of the Jackson Hole Economic Symposium, which will start on Thursday
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USD/CAD: Break under 1.3500 would imply downside potential to 1.3425CAD needs to push below 1.35 against the USD to improve, economists at Scotiabank report. Recent rally is running out of momentum Monday’s snap higher
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