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USD/CAD Forecast Aug. 31-Sep. 4

USD/CAD gained strength early in the week but then retracted and was almost unchanged on the week, as the pair closed just under the 1.32 line. There are six events this week, highlighted by GDP and...

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USD/CAD Forecast Sep. 7-11

USD/CAD had difficulty finding its feet last week, and ended the week with modest gains. The pair closed the week at 1.3280. There are only 4 events this week, highlighted by Building Permits. Here is...

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USD/CAD Forecast Sep. 14-18

USD/CAD showed some fluctuation last week, but ended the week with little movement, as the pair closed at 1.3280. This week’s highlights are Manufacturing Sales and Core CPI. Here is an outlook on the...

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USD/CAD Forecast Sep. 21-25

USD/CAD showed little change over the week for a second straight week, as the pair closed at 1.3225. This week’s highlight is Retail Sales. Here is an outlook on the major market-movers and an updated...

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USD/CAD Forecast Sep. 28-Oct. 2

USD/CAD showed some strength last week, as the pair gained over 100 points, closing at 1.3334. This week’s highlight in an otherwise quiet week is the GDP release. Here is an outlook on the major...

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USD/CAD Forecast Oct. 5-9

The Canadian dollar flexed some muscle last week, as USD/CAD dropped almost 200 points, closing at 1.3150. There are 9 events this week, highlighted by Employment Change. Here is an outlook on the...

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USD/CAD Forecast Oct. 12-16

The Canadian dollar repeated with an excellent week, posting gains of more than 200 points. USD/CAD closed at 1.2942, its lowest level since July. This week’s highlight is Manufacturing Sales. Here is...

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USD/CAD Forecast Oct. 19-23

The Canadian dollar posted modest gains last week, as USD/CAD closed just below 1.2890. There are eight events on the schedule this week. Here is an outlook on the major market-movers and an updated...

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USD/CAD Forecast Oct. 26-30

The Canadian dollar had a week to forget, losing over 250 points last week. USD/CAD closed the week at 1.3163. This week’s key event is GDP. Here is an outlook on the major market-movers and an updated...

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USD/CAD Forecast Nov. 2-6

The Canadian dollar had a busy week, and posted gains of 100 points. USD/CAD closed the week at 1.3163. This week’s key events are Trade Balance and Employment Change. Here is an outlook on the major...

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USD/CAD Forecast Nov. 16-20

The Canadian dollar was almost unchanged last week, as USD/CAD closed the week at 1.3319. The upcoming week has seven events on the schedule, including retail sales and inflation levels. Here is an...

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USD/CAD Forecast Nov. 23-27

The Canadian dollar was almost unchanged last week, as USD/CAD closed the week at 1.3340. The upcoming week has just three events. Here is an outlook on the major market-movers and an updated technical...

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USD/CAD Forecast Nov. 30-Dec. 4

The Canadian dollar showed some movement in both directions last week, but finished the week unchanged, as USD/CAD closed at 1.3362. This week’s highlights are GDP and Employment Change. Here is an...

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USD/CAD Forecast Dec. 7-11

USD/CAD showed limited movement for a second straight week, closing at 1.3358. This week’s highlights are GDP and Employment Change. Here is an outlook on the major market-movers and an updated...

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USD/CAD Forecast Dec. 14-18

USD/CAD posted its largest weekly gain since January, gaining about 370 points. The pair closed at 1.3754, its highest levels since June 2004. This week’s key events are Manufacturing Sales and Core...

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USD/CAD Forecast Dec. 21-25

USD/CAD posted sharp gains for a second straight week, gaining 220 points. The pair touched above the key 1.40 line and closed the week at 1.3955, its highest level since May 2004. This week’s key...

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USD/CAD Forecast Dec. 28 – Jan. 1

USD/CAD dropped about 150 points. The pair closed just above the 1.38 level.There are no Canadian economic releases this week. Here is an outlook on the major market-movers and an updated technical...

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USD/CAD Forecast Jan. 4-8

The Canadian dollar was uneventful in the final week of 2015, as USD/CAD was unchanged. The pair closed at 1.3830. There are seven events this week. Here is an outlook on the major market-movers and an...

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USD/CAD Forecast Jan. 11-15

The Canadian dollar resumed its sharp slide last week, as USD/CAD plunged 300 points. The pair closed at 1.4169. The upcoming week is a quiet one, with just three events on the schedule. Here is an...

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USD/CAD Forecast Jan. 25-29

The Canadian dollar had a huge rebound last week, as USD/CAD plunged some 460 points. The pair closed at 1.4117. This week’s highlight is GDP. Here is an outlook on the major market-movers and an...

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