Canadian Dollar Updates and Currency Blog

Canadian Dollar Update – Canadian dollar still pressured

Markets undecided due to Fed and Russia/Ukraine Oil prices trading sideways, bearish bias US dollar starts session on a mixed noted   USDCAD open: 1.4111, overnight range 1.4091-1.4115, close 1.4103,...

Canadian Dollar Update – Canadian extends losses

Risk sentiment sours on US jobs data Japan announces major fiscal stimulus package US dollar opens with gains   USDCAD open: 1.4093, overnight range 1.4082-1.4106 close, 1.4098, WTI 57.48, Gold...

Canadian Dollar Update – Canadian dollar sinking

Hawkish FOMC minutes give greenback a lift Equity markets rebound after Nvidia earnings US dollar firmer across the board.   USDCAD open: 1.4053, overnight range 1.4042-1.4063 close 1.4050, WTI 59.79,...

Canadian Dollar Update – Canadian dollar consolidating losses

  Carney government survives no-confidence vote-budget passes Equity markets under pressure US dollar trading modestly bid on safe haven demand   USDCAD open: 1.4036, overnight range 1.4035-1.4063, close 1.4057, WTI...

Canadian Dollar Update – Canadian dollar grinding lower

PM Carney faces non-confidence vote today US economic data begins trickling today US dollar trading sideways and opens on mixed note   USDCAD open: 1.4032, overnight range 1.4016-1.4039, close 1.4023,...

Canadian Dollar Update – Canadian dollar rebounds

US Government shutdown talks may have made a breakthrough Oil prices lower on oversupply fears US dollar opens with losses across the board   USDCAD open: 1.4019, overnight range 1.4001-1.4058,...

Canadian Dollar Update – Canadian dollar gets a boost

Bank of Canada rate decision and MPR due Today’s FOMC decision will be a non-event US dollar opens on a mixed note   USDCAD open: 1.3944, overnight range 1.3924-1.3949, close,...

Canadian Dollar Update – Canadian dollar inches higher

Trump announces framework of a trade deal with Japan Oil prices slump on fresh supply fears US dollar drifts lower in quiet trading   USDCAD open: 1.3997, overnight range 1.3982-1.4004,...

Canadian Dollar Update – Canadian dollar trading narrowly

  Oil prices surge on new US sanctions Canada Retail Sales data due this morning US opens trading  slightly higher-Commodity currencies outperform   USDCAD open: 1.3996, overnight range 1.3987-1.4005, close...

Canadian Dollar Update – Canadian dollar in a rut

Trump dials back China rhetoric BoC Business outlook Survey on tap US opens little changed from Friday   USDCAD open: 1.4032, overnight range 1.4006-1.4036 close, 1.4021, WTI 56.89, Gold 4253.99...