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

Canadian Dollar Update – Canadian dollar is resilient in face of Fed hike

  Fed hikes and repeats next move is “data dependent.” The Canadian dollar experience some volatility following the widely expected 25 basis points (bp) rate hike by the Fed. The...

Canadian Dollar Update – Canadian dollar supported by improved risk sentiment

USD/CAD Open: 1.3162-66, Overnight Range: 1.3149-1.3187,  Previous Close: 1.3168 WTI Oil open at $78.65 and gold open at $1,957.25. US markets are higher today. For today, USD resistance is at...

Monthly FX Update | July 2023

Economic Outlook and Summary June, saw divergent economic outlooks. Initially, the US dollar was under pressure as many believed the Federal Reserve had completed its last rate hike for this...

Canadian Dollar Update – Canadian dollar gives back early morning gains

USD/CAD Open: 1.3162-66, Overnight Range: 1.3121-1.3171,  Previous Close: 1.3164 WTI Oil open at $75.67 and gold open at $1,980.97. US markets are mixed today. For today, USD resistance is at...

Canadian Dollar Update – Canadian dollar awaiting CPI

USD/CAD Open: 1.3192-96, Overnight Range: 1.3187-1.3211,  Previous Close: 1.3200 WTI Oil open at $74.72 and gold open at $1,963.45. US markets are higher today. For today, USD resistance is at...

Canadian Dollar Update – Canadian dollar retreats

USD/CAD Open: 1.3219-22, Overnight Range: 1.3207-1.3231,  Previous Close: 1.3218 WTI Oil open at $74.07 and gold open at $1,958.55. US markets are higher today. For today, USD resistance is at...

Canadian Dollar Update – Canadian dollar consolidates gains

USD/CAD Open: 1.3116-20, Overnight Range: 1.3094-1.3137,  Previous Close: 1.3110 WTI Oil open at $76.85 and gold open at $1,956.11. US markets are mixed today. For today, USD resistance is at...

Canadian Dollar Update – Canadian dollar rallies after BoC hikes

USD/CAD Open: 1.3156-60, Overnight Range: 1.3152-1.3193,  Previous Close: 1.3187 WTI Oil open at $75.78 and gold open at $1,960.26. US markets are higher today.   BoC hiked rates and issued...

Canadian Dollar Update – Canadian dollar awaiting catalyst

USD/CAD Open: 1.3263-67, Overnight Range: 1.3247-1.3280,  Previous Close: 1.3280 WTI Oil open at $73.30 and gold open at $1,937.68. US markets are higher today. For today, USD resistance is at...

Canadian Dollar Update – Canadian dollar buoyed by jobs data

USD/CAD Open: 1.3286-90, Overnight Range: 1.3274-1.3301,  Previous Close: 1.3277 WTI Oil open at $73.49 and gold open at $1,923.41. US markets are higher today. For today, USD resistance is at...