USDCAD Forex Analysis - Weekly Uptrend Continuation Pattern Forming?

Markets Eye Fed Decision as Softer Dollar Supports Major Currencies | 29th July, 2026

Markets remained cautious ahead of the Federal Reserve’s policy decision, with a softer US Dollar supporting the Euro, British Pound, Canadian Dollar, and Australian Dollar. Weaker Australian inflation strengthened expectations for a more dovish RBA, while investors also watched the PBOC’s Yuan guidance and awaited Fed signals on interest rates and inflation.

Moneta Markets | 2 منذ أيام

Fed Uncertainty Strengthens US Dollar as Markets Turn Defensive | 28th July, 2026

Markets stayed defensive ahead of the Federal Reserve’s policy decision, with a stronger US Dollar pressuring gold, silver, the British Pound, and Canadian Dollar despite easing expectations for further rate hikes. The Japanese Yen traded sideways as investors awaited guidance from both the Fed and the Bank of Japan, with central bank decisions expected to drive the next major market moves.

Moneta Markets | 3 منذ أيام

Markets Shift Focus as Easing Geopolitical Tensions Weigh on the US Dollar | 27th July, 2026

Improving risk sentiment after the US and Iran paused military strikes weakened the US Dollar and reduced crude oil prices, while boosting the Japanese Yen, Swiss Franc, and Canadian Dollar. Investor focus shifted from geopolitics to the upcoming Federal Reserve and Bank of Japan meetings, which are expected to drive the next major moves in currency and commodity markets.

Moneta Markets | 4 منذ أيام

Bond Yields and Economic Data Drive Diverging Market Trends | 24th July, 2026

Markets showed mixed performance as rising US Treasury yields supported the US Dollar, pressuring the Euro and Australian Dollar despite hawkish ECB signals. Strong UK retail sales boosted Sterling, while WTI crude held its bullish outlook near $90 despite profit-taking. Investors now look to bond yields, central bank guidance, and economic data for the next market direction.

Moneta Markets | 7 منذ أيام

EBC Markets Briefing | Trade hostilities are re-igniting within North America and beyond

Trump’s tariff plan keeps USMCA active but raises trade risks. New duties pressure Canada, Mexico and automakers, adding uncertainty to currencies and growth.

EBC Financial Group | 8 منذ أيام

Precious Metals Shine as Geopolitical Risks Fuel Safe-Haven Demand | 22nd July, 2026

Precious metals led global markets as a softer US Dollar, safe-haven demand, and geopolitical uncertainty supported gold and silver. Gold climbed toward $4,150 while silver neared the $60.00 level. Meanwhile, higher oil prices aided the Canadian Dollar, and investors awaited UK inflation data, US-Iran diplomatic developments, and central bank signals for direction.

Moneta Markets | 9 منذ أيام

Weaker Dollar Supports Commodity Currencies Despite Middle East Tensions | 20th July, 2026

The US Dollar softened despite rising Middle East tensions and expectations of prolonged Federal Reserve tightening, allowing commodity-linked currencies and precious metals to recover. Higher oil prices supported the Canadian Dollar, while the Australian Dollar and British Pound also gained on broad Dollar weakness. Markets now await geopolitical developments, economic data, and central bank sign

Moneta Markets | 11 منذ أيام

Commodity Currencies Gain as Oil Rises and China Data Shapes Sentiment | 15th July, 2026

Commodity-linked currencies outperformed as stronger oil prices and improving risk sentiment outweighed weaker Chinese GDP data. The Australian and New Zealand Dollars remained resilient, while the Canadian Dollar gained on rising crude prices driven by renewed Iran-related tensions. Investors now focus on central bank guidance, Chinese data, and geopolitical developments for market direction.

Moneta Markets | 15 منذ أيام

EURUSD	1.15298	GBPUSD	1.34793	AUDUSD	0.7029
USDJPY	157.531	USDCAD	1.40073	USDCHF	0.80743