Canadian Dollar Price Action Setups: USD/CAD, CAD/JPY, EUR/CAD

Canadian Dollar Price Action Setups: USD/CAD, CAD/JPY, EUR/CAD https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2021/10/28/Canadian-Dollar-Price-Action-Setups-USD-CAD-USDCAD-CADJPY-CAD-JPY-EURCAD-EUR-CAD.html The Canadian Dollar caught a jolt yesterday from the BoC. CAD/JPY and EUR/CAD may be well positioned to take advantage of this theme.

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DailyFX - Market News FX

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The Australian Dollar (AUD) gains ground against the US Dollar (USD) on Tuesday ahead of the interest rate decision by the Reserve Bank of Australia (RBA) due later in the day.

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The USD/CAD pair trades in negative territory near 1.3660 during the early Asian session on Tuesday. Another US government shutdown undermine the US Dollar (USD) against the Canadian Dollar (CAD). Nonetheless, the downside for the pair might be limited amid upbeat US economic data.

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Japan Monetary Base (YoY) increased to -9.5% in January from previous -9.8% 3 February 2026

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US President Donald Trump announces establishment of critical mineral reserve — Reuters 2 February 2026

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The USD/JPY pair attracts some buyers to around 155.55 during the early Asian session on Tuesday. The upbeat US economic data provides some support to the Greenback against the Japanese Yen (JPY).

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DBS Bank's Group Research report, authored by Philip Wee, has lowered its forecasts for the MYR, reflecting its strong performance against the USD. The report discusses recent trading trends and the factors contributing to the MYR's resilience in the market.

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South Korea Consumer Price Index Growth (MoM) in line with expectations (0.4%) in January 2 February 2026

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• GBP/USD eased to 1.3646 on Monday, retreating from the August 2021 high of 1.3847 touched last week as markets position ahead of Thursday's BoE decision.

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Canadian Dollar Price Action Setups: USD/CAD, CAD/JPY, EUR/CAD

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