Canadian Dollar Updates and Currency Blog

Canadian Dollar Update, February 14, 2023 – Canadian dollar is everyone’s sweetheart

USD/CAD Open: 1.3342-46, Overnight Range: 1.3330-1.3352,  Previous Close: 1.3331 WTI Oil open at $78.93 and gold open at $1,859.63. US markets are mixed today. For today, USD resistance is at...

Canadian Dollar Update, February 10, 2023 – Canadian dollar awaiting Labour Force Survey

USD/CAD Open: 1.3437-41, Overnight Range: 1.3416-1.3470,  Previous Close: 1.3455 WTI Oil open at $79.57 and gold open at $1,863.45. US markets are mixed today. For today, USD resistance is at...

February 2023: FX Outlook

Economic Outlook and Summary January closed with traders in an optimistic mood.  The S&P 500 finished the month with a 6.18% gain and the US dollar dropped across the G-10...

Canadian Dollar Update, February 2, 2023 – Canadian dollar feeling perky

USD/CAD Open: 1.3294-98, Overnight Range: 1.3264-1.3296,  Previous Close: 1.3291 WTI Oil open at $76.45 and gold open at $1,952.70. US markets are mixed today. For today, USD resistance is at...

Canadian Dollar Update, February 1, 2023 – Canadian dollar retesting resistance

USD/CAD Open: 1.3309-13, Overnight Range: 1.3291-1.3323,  Previous Close: 1.3307 WTI Oil open at $78.90 and gold open at $1,926.43. US markets are lower today. For today, USD resistance is at...

Canadian Dollar Update, January 26, 2023 – Canadian dollar digesting Bank of Canada decision

USD/CAD Open: 1.3383-87, Overnight Range: 1.3372-1.3406,  Previous Close: 1.3372 WTI Oil open at $80.71 and gold open at $1,936.62. US markets are higher today. For today, USD resistance is at...

Canadian Dollar Update, January 24, 2023 – Canadian dollar dead in the water

USD/CAD Open: 1.3365-69, Overnight Range: 1.3349-1.3383,  Previous Close: 1.3368 WTI Oil open at $81.61 and gold open at $1,937.97. US markets are mixed today. For today, USD resistance is at...

How Much Can You E-Transfer in TD for New Transactions?

One of the first questions you may ask when signing up for the electronic money transfer method is, “How much can you e-transfer in TD?”. E-transfer is a fast and...

How to Increase Credit Limit in Scotiabank Effectively

Knowing how to increase your credit limit at Scotiabank can help to build your purchase power. But while improving your credit limit is effortless, the bank can accept or deny...

Complete Guide to Transfer Money from TFSA to Chequing in TD

One of the crucial things to know before opening a TFSA account is how to transfer money from TFSA to chequing TD. Tax-Free Savings Account (TFSA) is an account introduced...