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High-profile departures at top AI labs — Brad Lightcap's exit from OpenAI and an unnamed researcher's departure from Alphabet/Google that triggered a share-price drop — are surfacing talent retention as a market risk factor even as hyperscalers pour record capital into AI infrastructure. The reaction shows investors treating key-person risk at frontier AI labs as material to valuation, a new fragility layered onto an otherwise bullish AI-driven capex cycle.
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USD/CAD Went Down By Over 2% In The Last 21 Sessions

ViaNews Editorial Team

December 18, 2023

USD/CAD Went Down By Over 2% In The Last 21 Sessions

(VIANEWS) - USD/CAD (USDCAD) has been up by 2.74% for the last 21 sessions. At 11:09 EST on Monday, 18 December, USD/CAD (USDCAD) is $1.34.

USD/CAD's yearly highs and lows, it's 2.169% up from its 52-week low and 3.722% 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 negative 0.32%, a negative 0.13%, and a positive 0.28%, respectively.

USD/CAD's highest amplitude of average volatility was 0.35% (last week), 0.24% (last month), and 0.28% (last quarter), respectively.

Forex Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, USD/CAD's Forex is considered to be overbought (>=80).

News about

  • According to FXStreet on Monday, 18 December, "Furthermore, the USD/JPY pair's inability to move back above the said support-turned-resistance, currently around the 142.55 region, validates the negative outlook. ", "This, in turn, warrants some caution before confirming that the USD/JPY pair has formed a near-term bottom around the 141.00 mark and positioning for any further appreciating move. "

More news about USD/CAD (USDCAD).

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.