Canadian Dollar Updates and Currency Blog

Canadian Dollar Update – Canadian dollar breaks higher

  Relief rally lifts Loonie US reciprocal tariffs delayed until April USD opens defensively The Canadian dollar surged yesterday, crashing through resistance and reaching a level last seen in the...

Canadian Dollar Update – Canadian dollar firm attempting to rally

  Possible Ukraine/Russia peace talks boost risk sentiment Canada could face more Trump tariffs today. USD opens rangebound and mixed. USDCAD: open 1.4290, overnight range 1.4255-1.4307, close 1.4309, $70.23, Gold,...

Canadian Dollar Update – Canadian dollar steady

  Canadian dollar shrugs off latest Trump tariff Fed Chair Powell testifies at 3:00 pm USD opens with modest gains after cautious overnight session. USDCAD: open 1.4343, overnight range 1.4316-1.4345,...

Canadian Dollar Update – Canadian dollar on tariff watch

Canadian dollar sinks then climbs on latest Trump tariff salvo New Trump tariffs sour risk sentiment. USD opens higher-EURUSD loses the most. USDCAD: open 1.4333, overnight range 1.4316-1.4381, close 1.4292,...

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 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:...

Does Venmo Work in Canada?

There are several useful money transferring apps that are available around the world, including Venmo. Venmo has become a popular app for fast and easy money transfers in the United...

Does Cash App Work in Canada?

If you’ve been looking for a convenient way to send, spend, or receive money online, Cash App might be the first platform that comes to mind; it’s a widely used...

Does Revolut Work in Canada?

Revolut has become a popular digital banking app worldwide, offering features like international money transfers, budgeting tools, and multi-currency accounts. But if you’re Canadian, you might be wondering: Does Revolut...