US Dollar Steadies as Traders Brace for Data-packed Week

The US Dollar trades mixed against its major peers on Monday.

FXStreet07:30 ET

USD/CAD Advances to 1.3650 as US Dollar Recovers, BoC Policy in Focus

USD/CAD rises to 1.3660 due to the US Dollar’s recovery and firm speculation BoC’s rate-cut on Wednesday

FXStreet05:21 ET

Dollar Trades Steady, U.S. Jobs Data Key -- Market Talk

The dollar trades steady after falling Friday following data that showed the Federal Reserve's preferred measure of inflation, the core personal consumption expenditures index, eased to 0.2% month-on-month in April from 0.3% in March.

WSJ04:06 ET

There is a high probability that the Bank of Canada will cut interest rates this week. The US and Canada are expected to fall below 1.3601 support and look at 1.3400

Market analyst Saqib Iqbal wrote that the USD/CAD weekly forecast shows more downside potential because the Bank of Canada is likely to cut interest rates this week, far ahead of the Federal Reserve. On the technical side, USD/CAD has fallen below the bullish trend line and is approaching the 1.3601 support level.

FX678 Finance01:36 ET

USD/CAD Trades With Modest Losses Below 1.3650, Eyes on Canadian/US PMI Data

USD/CAD edges lower to 1.3625 in Monday’s early European session.

FXStreet01:13 ET

The biggest engine of the US economy is starting to stall!

Against the backdrop of high interest rates, US consumer income and expenditure growth rates both declined, and the savings rate fell to a 16-month low, amplifying the possibility that the Federal Reserve would cut interest rates to a certain extent.

wallstreetcn00:16 ET