Canadian Dollar Updates and Currency Blog

Canadian Dollar Update – Canadian dollar awaiting inflation news

  Canada CPI expected to be unchanged in March. Trump hinting at a pause in auto tariffs. US still on the defensive. USDCAD: open 1.3857, overnight range 1.3850-1.3909, close 1.3877,...

Is Zelle Available in Canada? Here’s What You Need to Know

If you’ve been wondering, “Is Zelle available in Canada?” The short answer is no. Under Zelle’s current terms, it only works with US-based bank accounts and US phone numbers, so...

List of US Banks in Canada and Their Services

For Canadians and US expats living in Canada, having access to familiar foreign banks can be a game-changer. The financial landscape in both countries is intertwined, and cross-border banking transactions...

Wire Transfer Timeframes in Canada: What You Need to Know

When sending or receiving money in Canada, it’s essential to understand the timeframe for wire transfers, whether you are handling domestic or international transactions. Knowing how long a wire transfer...

Canadian Dollar Update – Canadian dollar rally runs out of steam

  Trump delays tariffs on Chinese electronic imports. Global equity indexes surge. US dollar consolidating losses-AUD outperforms USDCAD: open 1.3848, overnight range 1.3829-1.3885 close 1.3865, WTI 2.08, Gold 3224.12 The...

Canadian Dollar Update – Canadian dollar rises sharply

Markets rally when Trump blinks US March CPI ex-food and energy expected at 3.0% y/y-February 3.1% US dollar sinks like a rock except against CHF and JPY USDCAD: open 1.4072,...

Canadian Dollar Update – Canadian dollar grinding higher

Global equity indexes in free fall China retaliates with a 50% tariff hike to 84% for US imports. US dollar falling as investors “sell America.” USDCAD: open 1.4206, overnight range...

Canadian Dollar Update – Canadian dollar hanging tough

Trump escalates trade with China. Global equity markets grinding out gains. US dollar opens lower compared to Monday close. USDCAD: open 1.4198 overnight range 1.4146-1.4246, close 1.4252, WTI 60.82, Gold...

Canadian Dollar Update – Canadian dollar rangebound but with bearish bias

Loonie is steady in wake of USD risk-aversion rally. Global equity markets drowning in sea of red US dollar opens on a mixed note-antipodean currencies underperform. USDCAD: open 1.4262, overnight...

FX Monthly Update | April 2025

Economic Outlook and Summary Trump’s trade tirade scorched the earth in March—his tariffs sparked retaliatory threats from China, a diplomatic cold front with Mexico, and Canada. Trump nailed Canada and...