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 back from the brink Trump predicts end of Iran war this weekend Oil prices plunge over 8.5% US dollar ticks lower on improved risk sentiment USDCAD open: 1.3983, overnight range 1.3959-1.399, close 1.3967, WTI 84.20, Gold 4,226.18 The Canadian dollar is trading with a firmer tone after a volatile 24 hours dominated […]
Canadian Dollar treading water Bank of Canada expected to leave rates unchanged Oil prices consolidate yesterday’s losses despite ceasefire violations US dollar opens mixed to softer ahead of US inflation numbers. USDCAD open: 1.3927, overnight range 1.3924-1.3957, close 1.3948, WTI 87.99, Gold 4,169.16 The Canadian dollar keeps inching higher ahead of today’s US inflation […]
Canadian Dollar consolidating Friday’s losses Widening CAD/US interest rate spreads weigh on Loonie. Oil prices rise on renewed Iran/Israel hostilities. US dollar giving back European gains in early NY trading. USDCAD open: 1.3947, overnight range 1.3936-1.3954, close 1.3939, WTI 94.77, Gold 4,292.62 The Canadian dollar got spanked following the stronger than expected US jobs […]
Canadian Dollar in Payrolls Mode Canadian jobs report will be overshadowed by US NFP Oil prices ease US dollar opened with small losses after quiet overnight session USDCAD open: 1.3868, overnight range 1.3868-1.3912, close 1.3910, WTI 92.83, Gold 4,462.32 The Canadian dollar is trading sideways but firmer ahead of the Canadian and US employment […]
Canadian Dollar putting up a fight Global risk sentiment ebbs and flows Weekly US jobless claims and Challenger job cuts on tap US dollar traded firm overnight but gave back gains in nearly NY trading USDCAD open: 1.3901, overnight range 1.3859-1.3925, close 1.3897, WTI 94.61, Gold 4,4470.47 The Canadian dollar sank during Asian hours […]
Canadian Dollar trading with bearish bias Iran and US violate ceasefire-again. Oil prices surge and risk sentiment sours. US dollar in demand in early NY trading. USDCAD open: 1.3857, overnight range 1.3832-1.3859, close 1.3840, WTI 96.94, Gold 4,442.00 The Canadian dollar was under pressure overnight due to renewed risk aversion after Iran and […]
Canadian Dollar playing defense Risk sentiment improves on renewed talk of Iran/US ceasefire Oil prices slip from session peak US dollar opens mixed but inches higher in early trading USDCAD open: 1.3851, overnight range 1.3832-1.3853, close 1.3841, WTI 91.06, Gold 4,530.56 The Canadian dollar was weighed down by widening Canada-US interest rate differentials […]
Canadian Dollar remains stuck in a rut US and Iran violate ceasefire Oil prices surge, risk sentiment soured US dollar catches a bid on safe-haven demand USDCAD open: 1.3817, overnight range 1.3788-1.3820, close 1.3800, WTI 90.69, Gold 4,498.45 The Canadian dollar retreated as fresh demand for the US dollar swept across major currency […]
Canadian Dollar grinding higher Reuters reported that US and Iran agreed to another ceasefire Month end portfolio flows may weigh on US dollar. US dollar drifts lower on tepid, but improved global risk sentiment USDCAD open: 1.3805, overnight range 1.3778-1.3808, close 1.3785, WTI 87.60, Gold 4,530.42 The Canadian dollar has fallen about 0.94% mainly […]
Canadian Dollar Trickling Lower Divergent Fed and BoC policies weighing on Loonie Oil falls on optimism for US and Iran deal US dollar opens mixed after quiet overnight session USDCAD open: 1.3825, overnight range 1.3804-1.3830, close 1.3813, WTI 89.89, Gold 4,488.24 The Canadian dollar drifted lower but remained in familiar territory, undermined by a […]
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