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

Canadian Dollar Update – Canadian dollar rallies sharply

  Canadian dollar returns to early January level. Global risk sentiment improves after China’s “measured” tariff retaliation. US dollar on the defensive with losses across the board. USDCAD: open1.4279  overnight...

FX Monthly Update | February 2025

Economic Outlook and Summary As the month progressed, Trump’s tariff threat level ratcheted higher and then came to a head on January 20, just after he was sworn in as...

Canadian Dollar Update – Canadian dollar gets a reprieve

  Canada-US trade war averted-for now China hits back at Trump tariffs US dollar gives back most of yesterday’s gains USDCAD: open 1.4408 overnight range 1.4387-1.4503 close 1.4427, WTI $71.88,...

Canadian Dollar Update – Canadian dollar walloped

  Tariffs are coming to Canada and Mexico US PCE Price index data on tap USD grinding higher. USDCAD: open1.4489 overnight range 1.4431-1.4511, close 1.4492, WTI $72.506 Gold, $2793.35 The...

Canadian Dollar Update – Canadian dollar teetering ahead of BoC

  BoC expected to cut rates by 25 bps-FOMC to leave them unchanged. Lunar New Year begins in Asia-many centers are closed. USD trades drifting ahead of FOMC meeting. USDCAD:...

Canadian Dollar Update – Canadian dollar tumbles on fresh tariff talk

Trump reiterates universal tariffs. Equities attempting to recoup yesterday’s losses. USD rallies against all the majors-JPY is the weakest. USDCAD: open 1.4413, overnight range 1.4367-1.4416, close 1.4376, WTI $73.64, Gold,...

Canadian Dollar Update – Canadian dollar trading sideways

Canadian dollar awaiting BoC and tariffs. Risk aversion rises on tariffs and AI USD trading with mixed bias USDCAD: open 1.4359, overnight range 1.4340-1.4402, close 1.4345, WTI $74.69, Gold, $2767.39...

Canadian Dollar Update – Canadian dollar stuck in the middle

  Loonie consolidates gains following Trump’s Davos speech. Trump tells Opec to lower prices. USD falls sharply on improved risk sentiment. USDCAD: open 1.4328, overnight range 1.4315-1.4384, close 1.4385, WTI...

Canadian Dollar Update – Canadian dollar getting a reprieve

  Lack of tariffs improves risk sentiment. Global equities grind higher. USD slides on profit-taking. USDCAD: open 1.4320, overnight range 1.4301-1.4354, close 1.4325, WTI $76.36, Gold, $2760.21 The Canadian dollar...

Canadian Dollar Update – Canadian dollar soars then sinks

  Trump comments roil FX markets Canada inflation expected to fall USD opens with small losses after wild 24 hours. USDCAD: open 1.4436, overnight range 1.4290-1.4510, close 1.4309, WTI $75.50,...