Expert, money saving updates, forecasts & tips on the CAD exchange

Canadian Dollar Update – Canadian dollar probing resistance

Hawkish sounding Powell lifts US dollar. Trump announces trade deals and more tariffs. US dollar rises across the board.   USDCAD open 1.3848, overnight range 1.3813-1.3848, close 1.3830, WTI 69.37,...

Canadian Dollar Update – Canadian dollar on the brink

Trump’s Canada deadline for tariff deal sinking Canadian dollar FOMC decision could be split US dollar rally eases somewhat as Treasury yields slide   USDCAD open 1.3779, overnight range 1.3759-1.3791,...

Canadian Dollar Update – Canadian dollar remains under pressure

Focus shifts to US data-JOLTS, Consumer Confidence Wall Street poised to open higher US dollar rally continues, boosted by tariff deals   USDCAD open 1.3752, overnight range 1.3731-1.3761 close 1.3740,...

Canadian Dollar Update – Canadian dollar sinks post-EU/US trade deal

EU/US reach tariff agreement Equities firm, US dollar index climbs US opens with gains across the board   USDCAD open 1.3726, overnight range 1.3689-1.3742, close 1.3702, WTI 65.77, Gold 3338.83...

Canadian Dollar Update – Canadian dollar rally stalls

Traders hoping for EU/US trade deal announcement Equities rise on trade deal hopes US grinds out small gains   USDCAD open 1.3611, overnight range 1.3591-1.3614, close 1.3599, WTI 66.17, Gold...

Canadian Dollar Update – Canadian dollar rallies further

Trump announces trade deal with Japan Global equity indexes rise as risk sentiment improves US opens with losses across the board.   USDCAD open 1.3582, overnight range 1.3579-1.3613, close 1.3606,...

Canadian Dollar Update – Canadian dollar catches a bid

Traders getting cautious as tariff deadline nears. BoC’s BOS Survey too stale to count. US dollar trading quietly but with negative bias.   USDCAD open 1.3678, overnight range 1.3675-1.3695, close...

Canadian Dollar Update – Canadian dollar idling

BoC Business Outlook Survey ahead. Yen mostly ignores Japanese election results. US dollar inches lower in quiet trading.   USDCAD open 1.3725, overnight range 1.3714-1.3735, close 1.3726, WTI 65.90, Gold...

Canadian Dollar Update – Canadian dollar ekes out gains

USDJPY vulnerable to Japanese elections Sunday. US dollar opens lower but has  an underlying bid.   USDCAD open 1.3727, overnight range 1.3724-1.3757, close 1.3754, WTI 68.50, Gold 3352.36 The Canadian...

Canadian Dollar Update – Canadian dollar under water

Lingering turmoil from Powell and tariff drama. US Retails Sales data expected to rise 0.1% m/m. US dollar trading with a bid on firmer Treasury yields.   USDCAD open 1.3750...