Today, the election in Canada will determine whether the Liberal Party Prime Minister Justin Trudeau or the Conservative Party leader Andrew Scheer will lead the government…
Tag - cad
The week will bring us fresh updates on Brexit and the last ECB meeting with outgoing president Mario Draghi.
This week, special attention will be paid to the Brexit news and the ECB monetary policy meeting
AUD/CAD is trying to hold at some important long-term levels. A limited upside is possible from here.
USD/CAD has recently been actively testing levels below the July-September support line.
The escalation of the US-China trade dispute and the Brexit uncertainties keep affecting the market. Read more!
CAD/JPY has risen to 82.50 but met the resistance of the 50-day MA. The price action resembles a "Butterfly pattern". Learn more!
Discover the short-term outlook for the major currency pairs!
Besides the trade optimism, the jobs data supported the Canadian dollar today.
Brexit optimism is driving the pound higher and the second day of trade talks is on the agenda.
GBP/CAD made a huge leap to the upside yesterday and got above 1.65 and arrived at the resistance line from May.
Canada will release the level of employment change and unemployment rate on October 11, at 15:30 MT time