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Forex News

News source: FXStreet
Jul 23, 02:25 HKT
Gold price breaks higher as US Dollar weakness fuels rally
  • Gold cracks key trendline and hits two-week high.
  • Dollar weakness supports XAU/USD despite rising Treasury yields.
  • Jobless claims, PMIs, Fed decision to shape Gold’s next move.

Gold price (XAU/USD) surges over 1.50% on Wednesday, cracks a key resistance trendline and hits a new two-week high as the Greenback weakens. This Bullion price action comes despite rising tensions and hostilities between the US and Iran. The XAU/USD trades at $4,146 after bouncing off a low of the day (LOD) of $4,076.

XAU/USD jumps as buyers overpower yield and Oil risks

Sentiment remains neutral, though the yellow metal gets a tailwind from the fall of the US Dollar Index (DXY). The DXY, which tracks the performance of the American currency against six other currencies, is down 0.07% to 101.12. 

It's worth noting that tensions in the ongoing Gulf war remain high after US President Donald Trump warned Iran that if they attack more ships, the US would retaliate by attacking bridges or power plants, including those located near the country’s capital.

As the news broke, West Texas Intermediate (WTI), the US crude benchmark, rose over 6% to $86.80 per barrel. Surprisingly, the positive correlation between Crude prices and the US Dollar appears to be breaking, as the latter is registering losses.

The US 10-year Treasury yield is up nearly three basis points to 4.654%. Meanwhile, money markets had priced in a 65% chance that the Fed will keep rates unchanged at the July 29 meeting, down from 78% a day earlier, according to Prime Terminal data.

Bullion buyers bought the dip, sending XAU’s price past $4,100, opening the door for further upside. However, a larger-scale war against Iran could prompt investors to book profits as high energy prices increase the Dollar’s safe-haven appeal.

The US Secretary of State, Marco Rubio, said that the US is willing to negotiate an end to the conflict but added that Tehran is not serious about talks.

In the US, the economic docket is absent, yet traders are waiting for the release of Initial Jobless Claims for the week ending July 18. Alongside this, traders are also bracing for S&P Flash PMIs and the Federal Reserve’s (Fed) monetary policy decision next week.

XAU/USD technical outlook: Gold price reclaims $4,100, eyes on 50-day SMA

Gold stages a recovery, breaking a downtrend resistance line and clearing the path to test the $4,200 mark. Momentum as measured in the Relative Strength Index (RSI) turned bullish. Hence, XAU/USD might test the 50-day Simple Moving Average (SMA) at $4,253 in the near term. Once those levels are cleared, the next resistance is the key psychological levels of $4,300 and $4,400. Once breached, the next stop is the 200-day SMA at $4,496.

For a bearish reversal, Gold must drop below $4,100. Below this area sits the July 21 daily low of $3,999, ahead of the October 28, 2025, low of $3,886.

Gold daily chart

Gold FAQs

Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government.

Central banks are the biggest Gold holders. In their aim to support their currencies in turbulent times, central banks tend to diversify their reserves and buy Gold to improve the perceived strength of the economy and the currency. High Gold reserves can be a source of trust for a country’s solvency. Central banks added 1,136 tonnes of Gold worth around $70 billion to their reserves in 2022, according to data from the World Gold Council. This is the highest yearly purchase since records began. Central banks from emerging economies such as China, India and Turkey are quickly increasing their Gold reserves.

Gold has an inverse correlation with the US Dollar and US Treasuries, which are both major reserve and safe-haven assets. When the Dollar depreciates, Gold tends to rise, enabling investors and central banks to diversify their assets in turbulent times. Gold is also inversely correlated with risk assets. A rally in the stock market tends to weaken Gold price, while sell-offs in riskier markets tend to favor the precious metal.

The price can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can quickly make Gold price escalate due to its safe-haven status. As a yield-less asset, Gold tends to rise with lower interest rates, while higher cost of money usually weighs down on the yellow metal. Still, most moves depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAU/USD). A strong Dollar tends to keep the price of Gold controlled, whereas a weaker Dollar is likely to push Gold prices up.

Jul 23, 02:11 HKT
Silver Price Forecast: XAG/USD struggles to build momentum above $60.00
  • Silver struggles to hold above $60 after reaching a two-week high of $60.94.
  • A positive MACD points to mild bullish momentum, while the ADX near 39 signals a strong underlying trend.
  • The upper Bollinger Band at $62.39 caps the upside, with the 20-day SMA at $58.86 offering support.

Silver (XAG/USD) trades with modest gains on Wednesday, supported by a slight pullback in the US Dollar (USD). However, the metal lacks strong upside momentum as traders weigh energy-driven inflation risks and their impact on the Federal Reserve’s (Fed) interest-rate outlook.

At the time of writing, XAG/USD trades around $59.90 after hitting a two-week high of $60.94 earlier in the day.

Traders expect the Fed to keep monetary policy restrictive for longer, while pricing in at least one interest-rate hike this year. Higher borrowing costs typically weigh on non-yielding assets such as Silver.

From a technical perspective, Silver bulls are struggling to hold above the psychological $60.00 mark. Still, XAG/USD trades above the 20-day Simple Moving Average (SMA), the Bollinger middle band, near $58.86, suggesting that buyers retain some control.

Moving Average Convergence Divergence (MACD) is modestly positive, suggesting a slight bullish tilt in short-term pressure, but Average Directional Index (ADX) at 39 indicates the underlying trend remains fairly strong, limiting the scope for abrupt reversals.

On the upside, initial resistance is seen at the intraday high of $60.94, followed by the upper Bollinger Band near $62.39. A sustained break above this area could open the door toward the $70.00 barrier.

On the downside, the 20-day SMA near $58.86 offers immediate support, followed by the lower Bollinger Band at $55.34. A deeper decline could expose the psychological $50 level.

Silver FAQs

Silver is a precious metal highly traded among investors. It has been historically used as a store of value and a medium of exchange. Although less popular than Gold, traders may turn to Silver to diversify their investment portfolio, for its intrinsic value or as a potential hedge during high-inflation periods. Investors can buy physical Silver, in coins or in bars, or trade it through vehicles such as Exchange Traded Funds, which track its price on international markets.

Silver prices can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can make Silver price escalate due to its safe-haven status, although to a lesser extent than Gold's. As a yieldless asset, Silver tends to rise with lower interest rates. Its moves also depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAG/USD). A strong Dollar tends to keep the price of Silver at bay, whereas a weaker Dollar is likely to propel prices up. Other factors such as investment demand, mining supply – Silver is much more abundant than Gold – and recycling rates can also affect prices.

Silver is widely used in industry, particularly in sectors such as electronics or solar energy, as it has one of the highest electric conductivity of all metals – more than Copper and Gold. A surge in demand can increase prices, while a decline tends to lower them. Dynamics in the US, Chinese and Indian economies can also contribute to price swings: for the US and particularly China, their big industrial sectors use Silver in various processes; in India, consumers’ demand for the precious metal for jewellery also plays a key role in setting prices.

Silver prices tend to follow Gold's moves. When Gold prices rise, Silver typically follows suit, as their status as safe-haven assets is similar. The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, may help to determine the relative valuation between both metals. Some investors may consider a high ratio as an indicator that Silver is undervalued, or Gold is overvalued. On the contrary, a low ratio might suggest that Gold is undervalued relative to Silver.

Jul 23, 01:39 HKT
Euro gains against British Pound after mixed UK inflation report,ECB decision looms
  • EUR/GBP edges higher as softer headline inflation and weak labour-market data weigh on the British Pound.
  • UK fiscal concerns add pressure on Sterling as investors assess Prime Minister Andy Burnham’s spending plans.
  • The ECB is expected to hold rates on Thursday, with markets pricing another hike in September.

EUR/GBP edges higher on Wednesday as a mixed UK inflation report weighs modestly on the British Pound (GBP). At the time of writing, the cross trades around 0.8533, extending its recovery after falling to its lowest level in more than a year earlier this month.

The Consumer Price Index (CPI) rose 0.1% in June, matching expectations but slowing from May’s 0.2% increase. Annual inflation eased to 2.6% from 2.8%, below the 2.7% forecast. However, core inflation held at 2.6%, above expectations of 2.5%.

The data follows Tuesday’s UK labour report, which pointed to cooling wage pressures and weak hiring. Taken together, the data make a near-term Bank of England (BoE) rate hike less likely. However, inflation risks remain elevated as renewed US-Iran fighting disrupts Oil flows through the Strait of Hormuz and pushes energy prices higher.

According to BBH, “The swaps curve prices in a full 25bps BoE rate hike to 4.00% in November and a total of 75bps of tightening in the next twelve months.” However, analysts cautioned that “restrictive monetary policy when the UK economy is operating well below potential raises the likelihood of a downward adjustment to BoE rate expectations against GBP.”

Meanwhile, concerns over the UK’s fiscal outlook also weigh on the Pound as investors assess how new Prime Minister Andy Burnham will fund his spending plans.

Across the Channel, the European Central Bank’s (ECB) monetary policy decision on Thursday is the main risk event for the Euro (EUR). The central bank is widely expected to leave the Deposit Facility Rate unchanged at 2.25% after raising it by 25 basis points in June. Markets expect another ECB rate hike in September as higher Energy prices keep inflation risks in focus.

ECB FAQs

The European Central Bank (ECB) in Frankfurt, Germany, is the reserve bank for the Eurozone. The ECB sets interest rates and manages monetary policy for the region. The ECB primary mandate is to maintain price stability, which means keeping inflation at around 2%. Its primary tool for achieving this is by raising or lowering interest rates. Relatively high interest rates will usually result in a stronger Euro and vice versa. The ECB Governing Council makes monetary policy decisions at meetings held eight times a year. Decisions are made by heads of the Eurozone national banks and six permanent members, including the President of the ECB, Christine Lagarde.

In extreme situations, the European Central Bank can enact a policy tool called Quantitative Easing. QE is the process by which the ECB prints Euros and uses them to buy assets – usually government or corporate bonds – from banks and other financial institutions. QE usually results in a weaker Euro. QE is a last resort when simply lowering interest rates is unlikely to achieve the objective of price stability. The ECB used it during the Great Financial Crisis in 2009-11, in 2015 when inflation remained stubbornly low, as well as during the covid pandemic.

Quantitative tightening (QT) is the reverse of QE. It is undertaken after QE when an economic recovery is underway and inflation starts rising. Whilst in QE the European Central Bank (ECB) purchases government and corporate bonds from financial institutions to provide them with liquidity, in QT the ECB stops buying more bonds, and stops reinvesting the principal maturing on the bonds it already holds. It is usually positive (or bullish) for the Euro.

Jul 23, 00:42 HKT
One bridge per tanker: The Dow Jones Industrial Average rallies as escalation gets a price list
  • DJIA trades near 52,400, up around 200 points and outrunning both the S&P 500 and the Nasdaq on a session with nothing on the US data docket.
  • Crude Oil sits at one-month highs after an eleventh straight round of US strikes on Iran, and the White House now prices future targets per tanker attacked in the Strait of Hormuz.
  • Earnings from a Dow component, Alphabet and Tesla land after the bell, while the Federal Reserve sits silent in its pre-decision blackout.

The Dow Jones Industrial Average trades near 52,400 on Wednesday, up around 200 points and on track for a second consecutive daily gain, while the S&P 500 hugs the flatline and the Nasdaq slips into the red. The index dipped to just above the 52,000 handle early, repaired the damage in stages, and pressed just above 52,500 before easing back toward 52,400, where it changes hands late in the session.

With the US data docket functionally barren until Thursday, the session belongs to macro headlines and the earnings tape, and the split across the three benchmarks is the day's cleanest tell. A war that lifts input costs lands as a tax on long-duration growth, while the Dow's tilt toward energy, staples and industrials converts the same headlines into relative shelter.

Escalation gets a price list

The overnight war news reads like a rate card, with US forces running an eleventh consecutive round of strikes on Iran and Secretary of State Marco Rubio declaring that Tehran is not serious about negotiations while pledging continued American protection for shipping through the Strait of Hormuz. Trump went a step further and attached a unit price to the campaign, promising an Iranian bridge or power plant destroyed for every ship attacked in the waterway.

Tehran is reportedly massing additional strike capability along the Strait rather than standing down, which converts the new formula from a deterrent into a metronome. Crude Oil took the hint, with West Texas Intermediate trading above $86.00 and Brent above $93.00 after briefly clearing the $95.00 handle, both up around 2% at levels last seen in mid-June.

Equities have spent two weeks looking through this conflict toward the earnings calendar, and Wednesday extends the habit with a twist, because the index least exposed to expensive growth is the one collecting the bid. Higher energy costs and a live rates conversation weigh harder on the Nasdaq's multiples than on a benchmark carrying an oil major and a defence-heavy industrial bench.

Earnings carry the week the Fed vacated

The season's scoreboard keeps funding the optimism, with roughly 88% of the early S&P 500 reporters beating profit estimates and Tuesday's beats from 3M (MMM) and General Motors (GM) still echoing through the cyclical complex. Wednesday's after-bell docket is the real event risk, with Alphabet (GOOG), Tesla (TSLA), ServiceNow (NOW), Texas Instruments (TXN) and International Business Machines (IBM) all reporting, and the market wants order books and capital-spending guidance more than another beat over a lowered bar.

IBM is the print that matters most for this index, because the Dow weights components by share price and the stock has already been the story once this month. A mid-July profit warning erased roughly a quarter of the company's value in one session, the worst day for the shares in decades, and by house math that single move subtracted more than 400 points from the index. Tonight's numbers either confirm the damage is contained or reopen it.

The rest of the tape hums with single-name noise, with Super Micro Computer (SMCI) up around 24% on a blowout order forecast, AT&T (T) up 3% on a clean beat, GE Vernova (GEV) down 5% on a miss, and Reddit (RDDT) down 9% on a report it may wall off its content from Google's artificial intelligence use.

Trump also opened a new tariff front, promising a 100% levy on imported generic drugs from August 2028 and 200% a year after that, an onshoring project with a fuse long enough to be somebody else's problem. Treasury yields barely moved on any of it, with the 10-year holding near 4.63%, which reads as a bond market saving its verdict for next week.

The docket refills from Thursday

The data drought breaks gently, with weekly jobless claims due Thursday at 12:30 GMT, where consensus looks for 212K after 208K, and Friday's flash July purchasing managers surveys at 13:45 GMT, where manufacturing is expected to firm to 54.5 from 53.9 alongside a services reading near 51. June new home sales follow after a 7.3% drop the month before.

The louder calendar sits a week out, with the Federal Reserve due to deliver its next rate decision on Wednesday, 29 July, and the committee already inside its pre-meeting blackout, so the tape gets no official steer between now and the statement. Durable goods, consumer confidence and the June Personal Consumption Expenditures report bracket that meeting, which makes next week the bill for this one's quiet.

Technical levels to watch

Resistance: The session high just above 52,500 is the first cap, backed by the mid-July supply shelf around 52,800 and the early-July record just above 53,300, roughly 900 points overhead.

Support: The 52,000 handle absorbed the early dip and remains the working floor, with the weekly low near 51,800 beneath it and the rising 50-day Exponential Moving Average just below 51,500 as the deeper backstop.

Bias: Bullish while the index holds the 52,000 handle, though a daily Stochastic Relative Strength Index near 33 and falling says the grind runs on thinner momentum; a daily close below 51,800 invalidates the call and exposes the 50-day.


Dow Jones daily chart

Dow Jones FAQs

The Dow Jones Industrial Average, one of the oldest stock market indices in the world, is compiled of the 30 most traded stocks in the US. The index is price-weighted rather than weighted by capitalization. It is calculated by summing the prices of the constituent stocks and dividing them by a factor, currently 0.152. The index was founded by Charles Dow, who also founded the Wall Street Journal. In later years it has been criticized for not being broadly representative enough because it only tracks 30 conglomerates, unlike broader indices such as the S&P 500.

Many different factors drive the Dow Jones Industrial Average (DJIA). The aggregate performance of the component companies revealed in quarterly company earnings reports is the main one. US and global macroeconomic data also contributes as it impacts on investor sentiment. The level of interest rates, set by the Federal Reserve (Fed), also influences the DJIA as it affects the cost of credit, on which many corporations are heavily reliant. Therefore, inflation can be a major driver as well as other metrics which impact the Fed decisions.

Dow Theory is a method for identifying the primary trend of the stock market developed by Charles Dow. A key step is to compare the direction of the Dow Jones Industrial Average (DJIA) and the Dow Jones Transportation Average (DJTA) and only follow trends where both are moving in the same direction. Volume is a confirmatory criteria. The theory uses elements of peak and trough analysis. Dow’s theory posits three trend phases: accumulation, when smart money starts buying or selling; public participation, when the wider public joins in; and distribution, when the smart money exits.

There are a number of ways to trade the DJIA. One is to use ETFs which allow investors to trade the DJIA as a single security, rather than having to buy shares in all 30 constituent companies. A leading example is the SPDR Dow Jones Industrial Average ETF (DIA). DJIA futures contracts enable traders to speculate on the future value of the index and Options provide the right, but not the obligation, to buy or sell the index at a predetermined price in the future. Mutual funds enable investors to buy a share of a diversified portfolio of DJIA stocks thus providing exposure to the overall index.

Jul 23, 00:04 HKT
British Pound steadies as cooler UK CPI meets Oil shock
  • UK CPI slows to 2.6%, easing near-term BoE pressure.
  • Oil surge keeps inflation risks alive for Fed policymakers.
  • US jobless claims, PMIs and Fed decision drive next catalyst.

The Pound Sterling holds firm during the North American session as UK inflation data dipped, easing pressure on the Bank of England to tackle higher prices, while attacks between the US and Iran don’t seem to be ending in the Middle East. The GBP/USD trades at 1.3377.

GBP/USD holds as softer inflation offsets Middle East risks

During the European session, UK inflation data for June dipped from 2.8% to 2.6% YoY. The core Consumer Price Index (CPI) remained steady at 2.6% YoY for the same period. Even though this relieves the BoE, traders continued to price in an 82% chance for a rate hike by the November 5 meeting, according to Prime Terminal data.

The data was a relief to the new Prime Minister, Andy Burnham, who is seeking to implement measures to reduce the high living costs.

The new UK Finance Minister, John Healey, said the data was positive but that the government would need to do more to help households.

Despite this, the Gulf War triggered a jump in Oil prices, with West Texas Intermediate (WTI), the US crude benchmark, rising by over 2.5% to $86.70. So far in July, petrol prices have risen nearly 24%, shy of recovering the $90 figure, WTI’s floor level in June.

Recently, the US President Donald Trump warned Iran that if they attack ships, the US would retaliate, attacking bridges or power plants, including those located near Tehran.

In the US, the economic docket is absent, yet traders are waiting for the release of Initial Jobless Claims for the week ending July 18. Alongside this, traders are also bracing for S&P Flash PMIs and the Federal Reserve’s (Fed) monetary policy decision next week.

Money markets have priced in a 65% chance that the Fed would keep rates unchanged at the July 29 meeting, down from 78% a day earlier, according to Prime Terminal data.

Source: Prime Terminal

GBP/USD price forecast: Technical outlook

Chart Analysis GBP/USD
GBP/USD daily chart

In the daily chart, GBP/USD trades at 1.3375, maintaining a mildly bearish near-term bias as spot continues to hold beneath the cluster of Simple Moving Averages (50, 100 and 200-day SMAs) between roughly 1.3464 and 1.3472, as well as the descending resistance trend line at 1.3476. The Relative Strength Index (RSI 14) at 50 reads neutral, hinting at a consolidative tone rather than strong directional momentum. The latest FXS Fed Sentiment Index reading at 128.64 suggests a relatively firm policy backdrop that may continue to cap Sterling on rallies.

On the topside, initial resistance is located at the 50-day SMA at 1.3464, followed by the 100-day SMA at 1.3468 and the 200-day SMA at 1.3472, all reinforcing a dense supply zone near the recent trendline barrier at 1.3476. A sustained break above this band would be needed to ease bearish pressure. With no clear technical support levels immediately below the market in the current dataset, any pullback from present levels would likely retest recent lows, leaving the pair vulnerable to further downside while it trades under the aforementioned moving average cluster and trend resistance.

(The technical analysis of this story was written with the help of an AI tool. Know more.)

Pound Sterling FAQs

The Pound Sterling (GBP) is the oldest currency in the world (886 AD) and the official currency of the United Kingdom. It is the fourth most traded unit for foreign exchange (FX) in the world, accounting for 12% of all transactions, averaging $630 billion a day, according to 2022 data. Its key trading pairs are GBP/USD, also known as ‘Cable’, which accounts for 11% of FX, GBP/JPY, or the ‘Dragon’ as it is known by traders (3%), and EUR/GBP (2%). The Pound Sterling is issued by the Bank of England (BoE).

The single most important factor influencing the value of the Pound Sterling is monetary policy decided by the Bank of England. The BoE bases its decisions on whether it has achieved its primary goal of “price stability” – a steady inflation rate of around 2%. Its primary tool for achieving this is the adjustment of interest rates. When inflation is too high, the BoE will try to rein it in by raising interest rates, making it more expensive for people and businesses to access credit. This is generally positive for GBP, as higher interest rates make the UK a more attractive place for global investors to park their money. When inflation falls too low it is a sign economic growth is slowing. In this scenario, the BoE will consider lowering interest rates to cheapen credit so businesses will borrow more to invest in growth-generating projects.

Data releases gauge the health of the economy and can impact the value of the Pound Sterling. Indicators such as GDP, Manufacturing and Services PMIs, and employment can all influence the direction of the GBP. A strong economy is good for Sterling. Not only does it attract more foreign investment but it may encourage the BoE to put up interest rates, which will directly strengthen GBP. Otherwise, if economic data is weak, the Pound Sterling is likely to fall.

Another significant data release for the Pound Sterling is the Trade Balance. This indicator measures the difference between what a country earns from its exports and what it spends on imports over a given period. If a country produces highly sought-after exports, its currency will benefit purely from the extra demand created from foreign buyers seeking to purchase these goods. Therefore, a positive net Trade Balance strengthens a currency and vice versa for a negative balance.

Jul 22, 23:40 HKT
Canadian Dollar finds support from rising Oil prices, softer Greenback
  • USD/CAD falls as rising Oil prices lift the commodity-linked Canadian Dollar.
  • WTI climbs to its highest level since June 11 on Middle East supply concerns.
  • Hawkish Fed expectations and US tariff risks could limit further gains in the Loonie.

USD/CAD edges lower on Wednesday as a mildly softer US Dollar (USD) and rising Oil prices help the Canadian Dollar (CAD) snap a two-day losing streak. At the time of writing, the pair trades around 1.4085, down 0.16% on the day.

Higher Oil prices typically support the commodity-linked Loonie, given Canada’s position as a major crude exporter. West Texas Intermediate (WTI) trades around $86.00, near its highest level since June 11.

Oil prices are rising as fighting in the Middle East disrupts shipping through the Strait of Hormuz, while threats from Yemen’s Ansar Allah raise fresh supply concerns in the Red Sea.

US President Donald Trump issued a fresh warning to Iran on Wednesday, threatening strikes on the country’s bridge and energy infrastructure if Tehran targets vessels in the Strait of Hormuz.

The US Dollar trades slightly lower on the day but remains supported by geopolitical tensions and hawkish Fed expectations as higher Oil prices add to inflation risks. The US Dollar Index (DXY), which tracks the Greenback's value against a basket of six major currencies, trades around 101.12, down 0.08% on the day.

Traders now await the July 28-29 Federal Open Market Committee (FOMC) meeting. According to the CME FedWatch Tool, the probability of a July rate hike has climbed to 28% from 10% a week ago, while the odds of a September hike stand at 69%.

On the Canadian side, the Bank of Canada (BoC) left its policy rate unchanged at 2.25% at its July meeting and reiterated that it was prepared to adjust interest rates if needed.

According to TD Securities, “recent headlines of new US Section 338 tariffs on Canada pose a headwind for CAD,” with “trade uncertainty to keep [USD/CAD] above 1.40 near term.” Even so, the bank expects the Loonie to regain some ground over time, stating that it “see[s] scope for it move toward our 1.39 year-end forecast,” and ultimately anticipates that “we see [USD/CAD] eventually retracing lower to 1.39 by year-end 2026.”

Canadian Dollar Price Today

The table below shows the percentage change of Canadian Dollar (CAD) against listed major currencies today. Canadian Dollar was the strongest against the New Zealand Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.10% -0.00% -0.03% -0.16% 0.02% 0.12% 0.11%
EUR 0.10% 0.10% 0.09% -0.06% 0.11% 0.23% 0.21%
GBP 0.00% -0.10% -0.02% -0.16% 0.00% 0.12% 0.11%
JPY 0.03% -0.09% 0.02% -0.12% 0.06% 0.15% 0.15%
CAD 0.16% 0.06% 0.16% 0.12% 0.18% 0.33% 0.27%
AUD -0.02% -0.11% -0.00% -0.06% -0.18% 0.12% 0.09%
NZD -0.12% -0.23% -0.12% -0.15% -0.33% -0.12% -0.03%
CHF -0.11% -0.21% -0.11% -0.15% -0.27% -0.09% 0.03%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Canadian Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent CAD (base)/USD (quote).

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