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

Canadian Dollar Update – Canadian dollar biding time before BoC and FOMC

Global FX markets trade quietly in dull overnight session Fed to cut, BoC to hold US dollar slips modestly and opens in NY mostly softer   USDCAD open: 1.3853, overnight...

Canadian Dollar Update – Canadian dollar steady

European equity markets trading defensively RBA leaves rates unchanged US dollar trading clawing back losses   USDCAD open: 1.3842, overnight range 1.3838-1.3858, close 1.3859, WTI 59.03, Gold 4204.41 The Canadian...

Canadian Dollar Update – Canadian dollar making gains

Trump’ s Fed Chair comment sparks US dollar selling Oil prices rebound on API drawdown US dollar opens with losses across the board   USDCAD open: 1.3948, overnight range 1.3945-1.3975,...

Canadian Dollar Update – Canadian dollar consolidating gains

US Markets closed for Thanksgiving Carney tweaks steel tariffs US dollar consolidating losses in quiet trading   USDCAD open: 1.4045, overnight range 1.4029-1.4050, close 1.4042, WTI 58.83, Gold 4156.25 The...

Canadian Dollar Update – Canadian dollar ekes out a gain

RBNZ cuts rates as expected Americans heading home for the holidays US dollar trading defensively   USDCAD open: 1.4086, overnight range 1.4068-1.4105, close 1.4101, WTI 57.94, Gold 4159.73 The Canadian...

Canadian Dollar Update – Canadian dollar treading water

Fed December rate cut odds sore Ottawa and Alberta talk pipeline US dollar opens mixed to bid   USDCAD open: 1.4113, overnight range 1.4102-1.4124, close 1.4107, WTI 58.62, Gold 4131.84...

Canadian Dollar Update – Canadian dollar still pressured

Markets undecided due to Fed and Russia/Ukraine Oil prices trading sideways, bearish bias US dollar starts session on a mixed noted   USDCAD open: 1.4111, overnight range 1.4091-1.4115, close 1.4103,...

Canadian Dollar Update – Canadian extends losses

Risk sentiment sours on US jobs data Japan announces major fiscal stimulus package US dollar opens with gains   USDCAD open: 1.4093, overnight range 1.4082-1.4106 close, 1.4098, WTI 57.48, Gold...

Canadian Dollar Update – Canadian dollar sinking

Hawkish FOMC minutes give greenback a lift Equity markets rebound after Nvidia earnings US dollar firmer across the board.   USDCAD open: 1.4053, overnight range 1.4042-1.4063 close 1.4050, WTI 59.79,...

Canadian Dollar Update – Canadian dollar consolidating losses

  Carney government survives no-confidence vote-budget passes Equity markets under pressure US dollar trading modestly bid on safe haven demand   USDCAD open: 1.4036, overnight range 1.4035-1.4063, close 1.4057, WTI...