{"id":106161,"date":"2020-10-27T09:50:55","date_gmt":"2020-10-27T09:50:55","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=106161"},"modified":"2020-10-27T09:52:38","modified_gmt":"2020-10-27T09:52:38","slug":"104649-usd-cad-falls-after-rallying-100-pips-yesterday","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/104649-usd-cad-falls-after-rallying-100-pips-yesterday\/","title":{"rendered":"USD\/CAD Falls after Rallying 100 Pips Yesterday"},"content":{"rendered":"<ul>\n<li>USD\/CAD gave back some of the gains made yesterday.<\/li>\n<li>Greenback offered despite persisting negatives and light Oil bounce.<\/li>\n<li>BoC monetary policy ahead on Wednesday waited for further clues.<\/li>\n<\/ul>\n<p>USD\/CAD continued its fall throughout the day and touched 1.3170 on Tuesday early trading. The pair had witnessed a 100 pips up-move yesterday but couldn&#8217;t sustain the momentum despite the presence of negative factors which usually helps the USD.<\/p>\n<p>The list of negatives includes the increasing COVID-19 cases, slow progress in the US Fiscal stimulus discussions, and the uncertain US political environment ahead of the November elections.<\/p>\n<p>The weakness in the pair got a further push down by the increase in the WTI crude oil prices by a Percent &#8211; a positive for the Canadian dollar.<\/p>\n<p>Nevertheless, traders might not ignore the negatives for long, and the haven-linked USD might come back in vogue any time. The upcoming Canadian monetary policy announcement slated for tomorrow will not allow the investors to put aggressive bets today.<\/p>\n<p>The Durable Goods Orders due today might help in giving new directions in the pair along with broad market sentiments.<\/p>\n<p>At the time of writing, one US dollar buys 1.3190 Canadian dollars, down -0.16% as of 9:50 AM UTC.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>USD\/CAD gave back some of the gains made yesterday. Greenback offered despite persisting negatives and light Oil bounce. BoC monetary policy ahead on Wednesday waited for further clues. USD\/CAD continued its fall throughout the day and touched 1.3170 on Tuesday early trading. The pair had witnessed a 100 pips up-move yesterday but couldn&#8217;t sustain the [&hellip;]<\/p>\n","protected":false},"author":163946612,"featured_media":82272,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1694,1381],"tags":[1706,1683,2335,1397,1869,3107],"class_list":{"0":"post-106161","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-cad","8":"category-usd","9":"tag-boc","10":"tag-canadian-dollar","11":"tag-covid-19","12":"tag-us-dollar","13":"tag-usd-cad","14":"tag-wti-oil"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>USD\/CAD Falls after Rallying 100 Pips Yesterday - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/104649-usd-cad-falls-after-rallying-100-pips-yesterday\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Stelian Olar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104649-usd-cad-falls-after-rallying-100-pips-yesterday\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104649-usd-cad-falls-after-rallying-100-pips-yesterday\\\/\"},\"author\":{\"name\":\"Stelian Olar\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/c83637dd6dc82bcaadbc8b6c994d1186\"},\"headline\":\"USD\\\/CAD Falls after Rallying 100 Pips Yesterday\",\"datePublished\":\"2020-10-27T09:50:55+00:00\",\"dateModified\":\"2020-10-27T09:52:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104649-usd-cad-falls-after-rallying-100-pips-yesterday\\\/\"},\"wordCount\":207,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104649-usd-cad-falls-after-rallying-100-pips-yesterday\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/USD-CAD-Loonie-Consolidation-Phase-Following-2-Days-Gains.jpg\",\"keywords\":[\"boc\",\"canadian dollar\",\"covid-19\",\"us dollar\",\"usd\\\/cad\",\"WTI oil\"],\"articleSection\":[\"CAD\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104649-usd-cad-falls-after-rallying-100-pips-yesterday\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104649-usd-cad-falls-after-rallying-100-pips-yesterday\\\/\",\"name\":\"USD\\\/CAD Falls after Rallying 100 Pips Yesterday - 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