💱US Dollar/Canadian Dollar FX Spot Rate
USDCAD
▼ NegativeMonetaryrelevance
Higher oil prices support CAD, and BoC rate speculation influences USD/CAD
According to a fundamental analysis of the Canadian dollar-yen pair distributed by Fisco on the 15th, the forecast range is 112.50 yen to 116.00 yen. Buying factors include the view that the impact of US tariff measures is not severe, Canadian dollar buying against the backdrop of recovering crude oil prices, the continuation of the yen's weakening trend, and speculation regarding the Bank of Canada's policy rate.
Higher oil prices support CAD, and BoC rate speculation influences USD/CAD
Yen weakening trend continues, supporting USD/JPY