Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Forex

USD/CAD Surges Amid Higher US Inflation, Eyes 1.3900

Guavy AI Editorial Team
Instruments
USD CAD
Share

The USD/CAD pair rebounded from its daily low of 1.3833 on Wednesday, up by about 0.26%, driven by higher US inflation data.

This triggered a jump to new weekly highs for the pair amid an ongoing short-term downturn, with the current price at 1.3873.

The technical outlook suggests that momentum remains bearish, as indicated by the Relative Strength Index (RSI), which is below its neutral level but trending upward.

For a bullish continuation, the 1.3900 figure is the next target for the pair, above which sits the 100-day Simple Moving Average (SMA) at 1.3914 and the psychological levels of 1.3950 and 1.4000.

More on Forex

Forex 2m ago

Swiss Regulator Calls for Stricter Capital Requirements on UBS

Forex 2m ago

SNB's Martin: Robust Capital Buffers a Competitive Advantage in Downturns

Forex 3m ago

Cipollone Calls for EU Legal Framework Harmonisation to Boost Tokenised Assets

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy