Canadian Dollar Forecast: USD/CAD Tests Support, CAD/JPY Extends Rally

October 08, 2020 at 10:30PM

The Canadian Dollar has enjoyed a strong performance in the last two weeks, with USD/CAD falling to support while CAD/JPY has extended its recent rally.

From: Peter Hanks
Selected by fonecable.com

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FX Street

Japan CFTC JPY NC Net Positions down to ¥-76.6K from previous ¥-63.7K 15 October 2021

Japan CFTC JPY NC Net Positions down to ¥-76.6K from previous ¥-63.7K

United States CFTC Gold NC Net Positions climbed from previous $182.6K to $185.5K 15 October 2021

United States CFTC Gold NC Net Positions climbed from previous $182.6K to $185.5K

United Kingdom CFTC GBP NC Net Positions increased to £-12K from previous £-20K 15 October 2021

United Kingdom CFTC GBP NC Net Positions increased to £-12K from previous £-20K

Australia CFTC AUD NC Net Positions: $-87.6K vs $-90K 15 October 2021

Australia CFTC AUD NC Net Positions: $-87.6K vs $-90K

United States CFTC S&P 500 NC Net Positions rose from previous $72.8K to $98.8K 15 October 2021

United States CFTC S&P 500 NC Net Positions rose from previous $72.8K to $98.8K

European Monetary Union CFTC EUR NC Net Positions rose from previous €-22.3K to €-18.4K 15 October 2021

European Monetary Union CFTC EUR NC Net Positions rose from previous €-22.3K to €-18.4K

United States CFTC Oil NC Net Positions climbed from previous 398.3K to 404.8K 15 October 2021

United States CFTC Oil NC Net Positions climbed from previous 398.3K to 404.8K

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United States Baker Hughes US Oil Rig Count climbed from previous 433 to 445 15 October 2021

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GBP/JPY rallies at five-year highs, braces to 157.00 15 October 2021

The GBP/JPY extends its seven-day rally during the New York session, advances 1.09%, is trading at 157.14 at the time of writing. As witnessed by the

AUD/USD consolidating gains at five-week highs above 0.7400 15 October 2021

The aussie extends rally to five-week highs at 0.7440. A higher risk appetite has boosted the Australian dollar. AUD/USD is heading towards 0.7450. T

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Gold futures have dropped sharply on Friday, hurt by a combination of factors that have boosted appetite for risk. The yellow metal has depreciated mo

WTI’s rally extends for the seventh consecutive day, climbs above $81.50 15 October 2021

Western Texas Intermediate (WTI) is climbing for the seventh day in a row, gains 0.95%, is trading at $81.71 during the New York session at the time o

NZD/USD appreciates further, nearing 0.7100 15 October 2021

New Zealand keeps heading north for the third consecutive day on Friday. The pair has breached previous highs at 0.7030/40 area and is reaching levels

Pound Sterling Price News and Forecast: GBP/USD shines as stars align, UK inflation key to more gains 15 October 2021

Brexit tends to pound the pound – but now, relatively soothing news has helped send sterling higher. Alongside a moderate tapering path from the Fed,

EUR/USD eases below 1.1600 after rejection at 1.1620 15 October 2021

The euro keeps treading water on both sides of the 1.1600 level, unable to take advantage of a weaker US dollar. The common currency bounced up from y

USD/CAD trims weekly losses, approaches 1.2400 15 October 2021

The USD/CAD is advancing during the New York session, up 0.19%, trading at 1.2393 at the time of writing. An upbeat market sentiment surrounds the mar

GBP/USD pulls back from 1.3775, remains steady at one-month highs 15 October 2021

The British pound has rallied on Friday to break above 1.3750, reaching 1.3775 for the first time since mid-September. The pair has appreciated about

EUR/GBP dives below 0.8450 to fresh 19-month lows 15 October 2021

The euro has extended its decline against a firmer British pound on Friday, breaking below the 0.8450 level for the first time since February 2020, to

Canadian Dollar Forecast: USD/CAD Tests Support, CAD/JPY Extends Rally

October 08, 2020 at 10:30PM

The Canadian Dollar has enjoyed a strong performance in the last two weeks, with USD/CAD falling to support while CAD/JPY has extended its recent rally.

Search Web: Canadian Dollar Forecast: USD/CAD Tests Support, CAD/JPY Extends Rally

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October 08, 2020 at 10:30PM

The Canadian Dollar has enjoyed a strong performance in the last two weeks, with USD/CAD falling to support while CAD/JPY has extended its recent rally.

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