Updates on the latest happenings surrounding the Canadian dollar, other USD/CAD-related news, and useful currency exchange tools including our currency converter.
Canadian Dollar holding steady Risk aversion rises with Middle East tensions Oil prices climb after Iran/Yemen Houthis target shipping USD opens mixed but with a mild bid USDCAD open: 1.4082, overnight range 1.4057-1.4090, close 1.4107, WTI 90.19, Gold 4,089.73 The Canadian dollar is trading in a tight, subdued range. Higher crude prices are capping […]
Canadian Dollar sinking with rising risk aversion Trump planning another “Liberation Day-style” tariff raid Oil prices rise on as Middle East tensions escalate USD opens with gains due to negative risk sentiment USDCAD open: 1.4097, overnight range 1.4083-1.4112, close 1.4107, WTI 88.27, Gold 4117.19 The Canadian dollar is sinking due to the weight of […]
Canadian Dollar pressured on new Tariffs Trump announced new tariffs on Canada Oil prices steady but cautiously bid USD posted gains across the board at the NY open USDCAD open: 1.4057, overnight range 1.4056-1.4087, close 1.4071, WTI 83.11, Gold 4066.55 The Canadian dollar came under pressure on Monday when domestic inflation cooled more than expected. The news served to remove any reason for […]
Canadian Dollar awaiting CPI Ongoing US and Iran attacks underpin crude prices Canada inflation expected to ease USD opens on a mixed note USDCAD open: 1.4030, overnight range 1.4003-1.4030, close 1.4021, WTI 81.27, Gold 4020.68 The Canadian dollar continued to consolidate its recent gains which were mainly due to the narrowing of CAD/US rate […]
Canadian Dollar rally takes a rest US and Iran continue conflict which underpinned oil prices USD is trading a touch firmer due to fresh risk aversion sentiment USDCAD open: 1.4030, overnight range 1.4026-1.4048, close 1.4042, WTI 80.45, Gold 3,997.87 The Canadian dollar has gained around 1.0% this week and it is consolidating the move […]
How will cooler-than-expected U.S. inflation impact the loonie? Rahim Madhavji, president of Knightsbridge Foreign Exchange, joins BNN Bloomberg to discuss expectations for BoC rate decision.
Canadian Dollar awaiting BoC decision Tame US inflation weighs on greenback BoC expected to leave rates unchanged US on the defensive as Fed rate hike odds for July fade USDCAD open: 1.4061, overnight range 1.4040-1.4068, close 1.4160, WTI 80.06, Gold 4,029.22 The Canadian dollar has managed to hang on to its recent gains thanks […]
Canadian Dollar giving back some overnight gains US and Iran renew attacks. Oil prices spike US inflation data on tap US is clawing back some overnight losses USDCAD open: 1.4086, overnight range 1.4084-1.4158, close 1.4159, WTI 80.59, Gold 4,020.99 The Canadian dollar traded slightly higher overnight on the back of surging oil prices. […]
Canadian Dollar ticking higher Traders ignoring latest flare-up between US and Iran Markets are looking ahead to US inflation numbers Tuesday and Wednesday US opens a tad lower in NY USDCAD open: 1.4141, overnight range 1.4127-14175, close 1.4155, WTI 73.15, Gold 4,068.67 The Canadian dollar is edging higher to start the week. Friday’s employment […]
Canadian Dollar scratching out gains. Risk sentiment improves slightly WTI extends losses on talk of renewed US and Iran dialogue US dollar ending the week with losses across the board USDCAD open: 1.4170, overnight range 1.4136-14176, close 1.4169, WTI 71.83, Gold 4,105.23 The Canadian dollar rallied during the Asian session on word that Iran […]
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