Energy news

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USD/CAD Price Outlook: Consolidation Above Key 1.4000 Handle. What Next for the Loonie?

USD/CAD price outlook: consolidation above key 1.4000 handle. The loonie has recovered in the US session, driven by the US dollar. Technical analysis shows USD/CAD has broken above 1.4000 and the 200-day MA, suggesting a potential bullish move if the 200-day MA support holds. Fundamental factors include the US government shutdown and a lack of high-impact US, Canadian data. Client sentiment data hints at a potential near-term rise for USD/CAD.

14-10-2025 20:15 GMT by Zain Vawda

WTI Oil tumbles as US-China trade tensions flare up again

WTI crude tumbled below $60 as renewed US-China trade tensions and soft global data pressured sentiment. Despite brief optimism from Trump’s remarks, China reaffirmed its hard stance, adding fresh worries over demand. With easing Middle East risks and solid Russian supply, fundamentals still point lower unless a new shock emerges.

14-10-2025 15:00 GMT by Elior Manier