Canadian Dollar Price Outlook: USD/CAD Faces Data and Central Bank Risks

Canadian Dollar Price Outlook: USD/CAD Faces Data and Central Bank Risks

by  

The latest look at Canadian inflation data today will help guide USD/CAD traders but with the today’s FOMC minutes and Fed Powell’s speech on Friday, the pair may be in for a rocky ride.
Continue Reading

Learn from the DailyFX Experts

Trading Forecasts

Find out where key markets might be headed next

Beginner Guides

Learn how to get started trading financial markets

Advanced Guides

Explore strategic concepts to enhance your trading knowledge

News

S&P 500, Crude Oil, Gold Price Technical Outlook & More

The S&P 500 is heading towards the high end of the range near-term, crude oil into resistance, while gold continues to correct in a constructive manner…
Continue Reading

DAX 30 & CAC 40 Technical Outlook: Just a Bounce or More?

Negative Yielding Government Bonds – What Are They Telling Us?

Gold Price Analysis: FOMC Minutes Ahead, However, Jackson Hole Takes Precedence


Dailyfx tv

Now Playing

S&P 500, Crude Oil, Gold Price Technical Outlook & More

Neither Dollar Nor S&P 500 Fazed by Trump Remarks Recession May be Necessary

US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD, NZD/USD

Analyst Picks

David Song

David Song   

Currency Strategist

Currency Pair:  Bearish EUR/USD
Expertise: Fundamental and Technical
Average Timeframe of Trade: 2 - 10 Days
Read More
Peter Hanks

Peter Hanks   

Junior Analyst

Currency Pair:  Bearish USD/CAD
Expertise: Fundamental and Technical
Average Timeframe of Trade: Sevel Days to Several Weeks
Read More

Technical Analysis

GBP/USD: Traders continue to remain net-long

Yet traders are less net-long than yesterday and compared with last week. Recent changes in sentiment warn that the current GBPUSD price trend may soon reverse higher despite the fact traders remain net-long.
Continue Reading

EUR/USD: Traders remain net-long since July despite decrease in price


USD/CHF, EUR/CHF Price: May Correct Higher as Support Holds


Stocks in Australia Look To Jackson Hole To Decide Near-Term Path


Education

Ben Lobel
Markets Writer
In this podcast, our currency strategist James Stanley talks trading the news, making contrary picks, and mastering psychology.
Continue Reading
Ben Lobel
Markets Writer
How do Fed monetary policy decisions affect forex trading? Here's all you need to know.
Continue Reading

Sentiment data provided by IG

Data updated in real-time.
  Clients Long Clients Short Signal
EUR/USD 
GBP/USD 
USD/JPY 
XAU/USD 
BITCOIN 
SPX500 

Take a free trading course with IG Academy

Our interactive online courses help you develop the skills of trading from the ground up.

See courses

Live, interactive sessions

Develop your trading knowledge with our expert-led webinars and in-person seminars on a huge range of topics.

Central Bank Rates

Currency Central Bank Rate
   aud		 1.00%
   nzd		 1.00%
   eur		 0.00%
   cad		 1.75%
   gbp		 0.75%
   usd		 2.00 - 2.25%
   chf		 -0.75%
   jpy		 -0.10%
   MXN		 8.25%

Free upcoming webinar

Host

Time

Duration

Starts in

Advertisement

Forex Economic Calendar

A:  Actual   F:  Forecast     P:  Previous

Webinar Calendar

Time Event/Host
No events scheduled for selected dates
Advertisement