Sep 9, 2025 04:53
- **USD/CAD inches up in Asian trading hours on Tuesday, yet upward movement appears constrained.**
- **Speculation around BoC interest rate reduction continues to pressure the CAD, providing some support for the pair.**
- **Increasingly dovish Fed outlook weighs on the USD, capping pair's gains despite rising Oil prices.**
The USD/CAD pair sees some buying interest during Tuesday's Asian session, but fails to gain significant traction due to mixed market signals. The pair manages to maintain its position comfortably above the 100-day Simple Moving Average (SMA), holding mode
- **USD/CAD inches up in Asian trading hours on Tuesday, yet upward movement appears constrained.**
- **Speculation around BoC interest rate reduction continues to pressure the CAD, providing some support for the pair.**
- **Increasingly dovish Fed outlook weighs on the USD, capping pair's gains despite rising Oil prices.**
The USD/CAD pair sees some buying interest during Tuesday's Asian session, but fails to gain significant traction due to mixed market signals. The pair manages to maintain its position comfortably above the 100-day Simple Moving Average (SMA), holding mode