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15 Apr 2025
Trading news
Apr 15, 2025
USD/CAD price analysis: Canadian Dollar struggles near 1.40 amid soft inflation and trade uncertainty
USD/CAD hovered near the 1.4000 zone on Tuesday, consolidating after recovering from earlier lows around the 1.3850 region. The Canadian Dollar failed to gain traction despite a cooler-than-expected inflation report for March, while traders brace for the Bank of Canada’s policy decision.
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Apr 15, 2025
Australian Dollar pulls back as US Dollar attempts recovery from multi-year lows
The Australian Dollar (AUD/USD) gave up its earlier strength on Tuesday, falling from session highs near 0.6340 to trade closer to the 0.6280 area during North American hours. The reversal came as the US Dollar Index (DXY) attempted a modest bounce off its three-year low near the 99.00 mark.
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