USD/CAD

USD/CAD held above a 12-week low despite ending the week lower amid broad U.S. dollar weakness and shifting Fed rate expectations. Cooler U.S. inflation data and signals of potential mid-2026 rate cuts weighed on the greenback, while stabilizing oil prices and resilient Canadian economic data offered modest support to the loonie. Market focus remains on upcoming Fed policy and commodity trends shaping near-term USD/CAD direction.

USD/CAD remains just above its 12-week low despite a weekly drop of 0.35%. Strength in Canadian jobs data, recovering crude oil prices, and softer US inflation fuel CAD gains. Fed signals possible rate cuts in 2026, weighing on the US dollar and shaping near-term USD/CAD outlook. Source: TradingPedia.com, Dec 14, 2025.

USD/CAD hovers just above a 12-week low amid broad U.S. dollar weakness and rising crude oil prices. Strong oil boosts the Canadian dollar while softer U.S. inflation data fuels expectations of Fed easing, keeping the pair under pressure. Traders eye evolving central bank cues and commodity trends for next moves. #Forex #USDCAD

USD/CAD edged above its 12-week low despite a notable weekly decline as dovish Fed signals, mixed Canadian employment data, and stabilized oil prices shaped market sentiment. With US inflation easing and Treasury yields falling, the currency pair faces critical support ahead of 2024’s economic outlook.

USD/CAD ended the week above a 12-week low despite a weekly decline of about 0.7%. Market moves reflected dovish Fed and Bank of Canada stances, softer U.S. inflation data, mixed Canadian jobs reports, and muted oil price gains. Technical support near 1.3400 proved key as volatility persisted.

USD/CAD steadied above its 3-month low near 1.3370 last week despite a second consecutive weekly decline. Gains in crude oil prices and resilient Canadian economic data supported CAD strength, while a softer U.S. Dollar, influenced by expectations of Fed rate cuts in 2024, weighed on the pair. Market focus remains on diverging central bank policies and upcoming economic reports as USD/CAD consolidates near key technical levels heading into the new year.

Dow Jones pulled back slightly from record highs on Friday, closing at 39,090 after hitting an intraday peak of 39,282 on Thursday. Despite the modest dip, the index maintains upward momentum for the week, buoyed by a dovish Fed outlook, solid retail sales, and steady labor market data. Investors remain cautiously optimistic as earnings updates and economic indicators support continued gains. Based on reporting by Ross J. Burland, FXStreet.

Elliott Wave analysis by Ivan Labrie (Dec 15, 2025) shows the S&P 500 in the final primary wave of a multi-year impulse since March 2020. With the market near all-time highs, the current intermediate wave 5 within primary wave 5 suggests limited upside and higher topping risk heading into 2026. Investors should consider cautious positioning as the final leg unfolds. Credit: Ewminteractive.com

The S&P 500, nearing 5400, appears to be completing a five-wave Elliott impulsive cycle that began in March 2022. With weakening momentum indicators and signs of an ending diagonal pattern, caution is advised as an ABC corrective phase may soon unfold. The next year could bring a significant retracement shaped by macroeconomic factors and shifting investor sentiment. Stay tuned for a deeper dive into potential scenarios for 2026. #ElliottWave #SP500Analysis

As of December 15, 2025, Elliott Wave analysis of the S&P 500 suggests the index is in the final stages of a major fifth wave impulse since 2009, likely forming an ending diagonal pattern. This setup hints at a looming larger-degree correction ahead. Investors should watch for a breakdown below key trendlines signaling a significant trend reversal.