empty
 
 
Back Fundamental analysis
analytics6ab28f5345297.jpg
Back Fundamental analysis
USD/CAD. Rates and Oil Work Against the Loonie: 1.41 on the Horizon
USD/CAD continues its uptrend for the
The premium article will be available in
00:00:00
The premium article will be available in00:00:00
USD/CAD continues its uptrend for the third consecutive week: if the loonie traded near the base of the 1.38 area in early September, buyers have now already tested resistance around 1.4050 — roughly the upper Bollinger-Band on the H4 timeframe. The main engine of USD/CAD's rise is the monetary-policy divergence between the Bank of Canada and the Federal Reserve. At its September meeting, the Bank of Canada once again left the policy rate at 2.25%, while the Fed
Fresh articles are available only to premium users
Read analytics in early access, getting information first
Get
Irina Manzenko,
Analytical expert of InstaForex
© 2007-2026
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $3000 more!
    In September we raffle $3000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback