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

Canadian Dollar Update – Canadian dollar drifting aimlessly

Market focus shifts to tariffs, interest rates and Fed Powell’s testimony. Middle East tensions ease-oil prices steady US dollar opens little changed from yesterday’s close.   USDCAD: open 1.3730, overnight...

Canadian Dollar Update – Canadian dollar giving up ground

US markets closed for Juneteenth Bank of England leaves rates unchanged, Swiss National Bank cuts US dollar opens with gains   USDCAD: open 1.3715, overnight range 1.3686-1.3730, close 1.3696, WTI...

Canadian Dollar Update – Canadian dollar grinding higher

Global risk sentiment sours Tame US CPI boosts Fed rate cut hopes US dollar sinks on renewed risk aversion   USDCAD: open 1.3648, overnight range 1.3643-1.3676, close 1.3673, WTI 67.16,...

Canadian Dollar Update – Canadian dollar treading water

Many European markets closed China/US talking trade in UK US dollar trading lower in holiday thinned trading   USDCAD: open 1.3674, overnight range 1.3670-1.3700, close 1.3699, WTI 64.71, Gold 3318.64...

Canadian Dollar Update – Canadian dollar parked ahead of jobs data

Xi Jinping and Trump have a phone call Canada and US employment reports on tap US dollar opens with small gains from Thursday close.   USDCAD open 1.3678, overnight range...

FX Monthly Update | June 2025

Economic Outlook and Summary May turned out to be more bark than bite. Markets braced for tariff fallout, Fed pivot signals, and a growth scare—but what they got was a...

Canadian Dollar Update – Canadian dollar consolidates losses

FOMC minutes unlikely to offer fresh insight. RBNZ cuts rates by 25 bps to 3.25%-more cuts ahead. US dollar opens mixed in uninspired trading.   USDCAD: open 1.3825, overnight range...

Canadian Dollar Update – Canadian dollar rally pauses

Equities Rally on Japan’s bond plans US Durable Goods Orders data on tap. US rallies across the board on lower Treasury yields.   USDCAD: open 1.3761, overnight range 1.3722.1.3769, close...

Canadian Dollar Update – Canadian dollar attempting to rally

US and UK markets are closed on Monday Canada Retail Sales data for March on tap-forecast 0.7% m/m (vs -0.4% previously) US dollar extends losses in pre-long weekend trading.  ...

Canadian Dollar Update – Canadian dollar treading water

US Treasury Secretary agrees yen is fairly valued. Global equities extend losses-S&P 500 futures in positive territory. US dollar is consolidating yesterday’s losses USDCAD: open 1.3881, overnight range 1.3846-1.3885, close...