USD/CAD

Canadian Dollar Gains Amid Rising Oil Prices and Strong Employment Data Despite Limited US Dollar Movements

The Canadian dollar steadied against major currencies amid a rebound in oil prices driven by OPEC+ supply cuts and geopolitical tensions. Strong September jobs data further supported the loonie, while the US dollar showed limited momentum despite upbeat labor market reports. Market focus remains on how oil trends and central bank policies will influence CAD and USD/CAD dynamics moving forward.

Uncategorized

Dollar Soars as French Political Turmoil Sparks Global Flight to Safety: EUR/USD, GBP/USD, USD/CAD, and USD/JPY Outlook

The U.S. dollar strengthens sharply amid political turmoil in France, as investors seek safe-haven assets. Macron’s snap elections and rising far-right influence fuel euro weakness, impacting EUR/USD and GBP/USD. Meanwhile, USD/CAD and USD/JPY also react to shifting risk sentiment and yield differentials. Analysis by Alexander Kuptsikevich explores these dynamics and key support/resistance levels across major pairs. #Forex #USD #EURUSD #GBPUSD #USDCAD #USDJPY

AUD/USD

**AUD/USD: Trading in a Narrow Range Between 0.6580 and 0.6620, Says UOB Group**

AUD/USD looks set to trade range-bound between 0.6580 and 0.6620, according to UOB Group’s analysis. Momentum remains subdued with no clear directional bias. Breaks beyond this zone could lead to limited follow-through moves as markets await fresh catalysts amid ongoing global uncertainties. Traders should watch for key support at 0.6580 and resistance near 0.6620.

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