Canadian Dollar Forecast: USD/CAD Breaking Lower and Testing Trend Support

Canadian Dollar Forecast: USD/CAD Breaking Lower and Testing Trend Support https://www.dailyfx.com/forex/market_alert/2021/08/31/Canadian-Dollar-Forecast-USDCAD-Breaking-Lower-and-Testing-Trend-Support.html The recent weakness in the US dollar and the pick-up in oil prices is pushing USD/CAD ever lower with a multi-month supportive trendline now under threat.

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DailyFX - Market News FX

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The Japanese Yen (JPY) attracts some dip-buying at the start of a new week and remains close to its highest level since November 14, touched against a weaker US Dollar (USD) on Friday.

USD/CAD holds onto Friday’s losses around 1.3800, investors await Fed-BoC policy 8 December 2025

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West Texas Intermediate (WTI) US Crude Oil prices struggle to capitalize on a three-week-old uptrend and oscillate in a narrow band during the Asian session on Monday.

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Canadian Dollar Forecast: USD/CAD Breaking Lower and Testing Trend Support

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