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 could rally further US markets closed-expect quiet trading, thin markets. Fed rate hike speculation pushed downstream. US dollar opens mixed to modestly lower USDCAD open: 1.4196, overnight range 1.4160-1.4198, close 1.4186, WTI 68.72, Gold 4,172.04 The Canadian dollar climbed on the back of a broad US dollar selloff after this week’s American employment […]
Canadian Dollar weighed down Canada GDP data unlikely to support Loonie. US and Iran resume talks in Qatar US dollar trading with a bit of a bid in early NY. USDCAD open: 1.4236, overnight range 1.4200-1.4040, close 1.4210, WTI 71.11, Gold 4,023.89 The Canadian dollar traded negatively because of US dollar demand against the majors, with month end portfolio rebalancing doing much of the heavy lifting. […]
Canadian Dollar idling Markets trading cautiously ahead of major data this week Oil prices shrug off latest Iran/US news US dollar trading with a bit of a bid in early NY USDCAD open: 1.4189, overnight range 1.4175-1.4200, close 1.4193, WTI 70.58, Gold 4,033.11 The Canadian dollar rallied is drifting inside its well-defined range that […]
Canadian Dollar attempting to rally Tame US PCE knocks US dollar lower Oil prices retreat despite Iran attack on Taiwan ship US dollar opens lower against the majors USDCAD open: 1.4185, overnight range 1.4181-1.4210, close 1.4203, WTI 69.00, Gold 4,047.61 The Canadian dollar rallied after Thursday’s US PCE Price index was little changed which […]
Canadian Dollar extends losses Tech stock sell-off sparks safe-haven demand for US dollars Oil prices slide with Strait of Hormuz opening US dollar rises against G-10 majors USDCAD open: 1.4233, overnight range 1.4205-1.4239, close 1.4212, WTI 72.04, Gold 4,064.15 The Canadian dollar continued to slide, driven by broad dollar demand on growing conviction that […]
Canadian Dollar still sliding Widening CAD/US interest rate spreads weighing on Loonie Tech stock weakness sparks safe-haven demand for US dollars US dollar continues to grind higher USDCAD open: 1.4181, overnight range 1.4151-1.4189, close 1.4162, WTI 73.52, Gold 4,124.89 The Canadian dollar drifted with a negative undertone overnight. Yesterday’s inflation print ran hotter than […]
Canadian Dollar breaking down UK Prime Minister announces his resignation US dollar extends gains but opens below its overnight peak USDCAD open: 1.4173, overnight range 1.4165-1.4194, close 1.4155, WTI 75.34, Gold 4,208.41 The Canadian dollar continued to be weighed down following Friday’s weaker-than-expected Canadian Retail Sales data for April. Economists suggest higher gasoline prices […]
Canadian Dollar under pressure Iran/and US talks in Switzerland have been postponed US Markets closed today US dollar extends gains on safe-haven demand USDCAD open: 1.4141, overnight range 1.4129-1.4160, close 1.4140, WTI 77.16, Gold 4,162.27 US markets are shut for Juneteenth. The Canadian dollar drifted lower overnight in thinner-than-usual trade, with holidays in China […]
Canadian Dollar jumps into the abyss FOMC result deemed hawkish-Fed rate hike expected in September Oil prices consolidating losses as oil tankers traverse the Strait of Hormuz US dollar rallies across the board USDCAD open: 1.4125, overnight range 1.4095-1.4133, close 1.4101, WTI 74.40, Gold 4,269.16 The Canadian dollar tanked on the heels of a […]
Canadian Dollar on hold until FOMC Traders are on the sidelines awaiting today’s FOMC meeting Oil prices are trading with negative bias after IEA predicts global glut in 2027 US dollar inches higher into Fed meeting USDCAD open: 1.4003, overnight range 1.3990-1.4008, close 1.3997, WTI 76.05, Gold 4,329.17 The Canadian dollar drifted with no […]
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