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May 29, 2026
USD/CAD Price Forecast: Trades below 1.3800 with bullish bias on weak Oil, USD uptick
The USD/CAD pair attracts some dip-buyers during the Asian session on Friday, stalling the previous day's sharp retracement slide from the 1.3870 region, or the highest level since April 13.
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May 29, 2026
Euro weakens below 1.1650 as Trump yet to comment on 60-day truce extension plan
The EUR/USD pair loses momentum to around 1.1635 during the early European trading hours on Friday. Mixed signals surrounding the US-Iran peace deal remain the primary driver of volatility. Traders will keep an eye on the preliminary readings of Germany’s inflation later on Friday.
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