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USD/CAD Is 1% Up In The Last 10 Sessions

ViaNews Editorial Team

January 14, 2024

USD/CAD Is 1% Up In The Last 10 Sessions

(VIANEWS) - USD/CAD (USDCAD) has been up by 1.32% for the last 10 sessions. At 11:08 EST on Sunday, 14 January, USD/CAD (USDCAD) is $1.34.

USD/CAD's yearly highs and lows, it's 2.399% up from its 52-week low and 3.506% down from its 52-week high.

Volatility

USD/CAD's last week, last month's, and last quarter's current intraday variation average was a positive 0.05%, a negative 0.07%, and a positive 0.25%, respectively.

USD/CAD's highest amplitude of average volatility was 0.13% (last week), 0.24% (last month), and 0.25% (last quarter), respectively.

Previous days news about USD/CAD (USDCAD)

  • Usd/cad price analysis: retraces its recent gains, edges lower to near 1.3350. According to FXStreet on Friday, 12 January, "A break below the 1.3250 level could result in the USD/CAD pair navigating the region around the previous week's low at 1.3228, followed by the psychological level at 1.3200.", "Traders are likely to exercise caution and await confirmation, suggesting that the USD/CAD pair may be on the verge of changing its direction."
  • Usd/cad to continue its downtrend toward 1.30 by year-end – bofa. According to FXStreet on Friday, 12 January, "Economists at the Bank of America expect the USD/CAD pair to embark on a downward trajectory over the course of the year.", "As long as the Fed cuts rates as anticipated in 2024, USD/CAD could continue its downtrend, regardless of slightly more aggressive cuts by the BoC."

More news about USD/CAD (USDCAD).

In this story · Knowledge Files

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.