Updates on the latest happenings surrounding the Canadian dollar, other USD/CAD-related news, and useful currency exchange tools including our currency converter.
Trump escalates trade with China. Global equity markets grinding out gains. US dollar opens lower compared to Monday close. USDCAD: open 1.4198 overnight range 1.4146-1.4246, close 1.4252, WTI 60.82, Gold 3006.90 The Canadian dollar is showing surprising resilience amid the broader volatility in global FX markets. The Loonie is finding some support from the fact […]
Loonie is steady in wake of USD risk-aversion rally. Global equity markets drowning in sea of red US dollar opens on a mixed note-antipodean currencies underperform. USDCAD: open 1.4262, overnight range 1.4195-1.4269, close 1.4226, WTI 59.08, Gold 3025.89 The Canadian dollar is holding its ground in a risk-off environment. The Loonie is getting a modest […]
Markets treading water ahead of Tariff announcements at 4:00 pm EDT. US ADP payrolls data in focus (forecast 105,000, previous 77,000) US dollar retreats modestly in quiet session. USDCAD: open 1.4312, overnight range 1.4284-1.4327, close 1.4304, WTI 71.15, Gold 3130.99 The Canadian dollar caught a bid yesterday after US ISM and JOLTS job openings reports […]
Looming tariffs are weighing on the Loonie US ISM Manufacturing PMI expected to dip to 49.5 from 50.3. US dollar trading sideways but bid against commodity bloc. USDCAD: open 1.4369, overnight range 1.4367-1.4404, close 1.4388, WTI 71.70, Gold 3132.33 The Canadian dollar is slowly sinking as Trump’s tariff day approaches. CAD sentiment is bearish, as […]
Risk aversion soars as tariff day nears Economic data takes a back seat to headlines. US dollar opens broadly mixed-Safe-haven currencies gain USDCAD: open 1.4353, overnight range 1.4276-1.4362, close 1.4320, WTI 69.51, Gold 3114.57 The Canadian dollar dropped on the back of rising risk aversion sentiment which roiled markets worldwide. Canadian dollar price action is […]
Loonie traders ignoring tariff threats. Canadians hoping to avoid the worst of Trump’s tariffs. USD dollar opens with modest losses. USDCAD: open 1.4253, overnight range 1.4247-1.4299, close 1.4280, WTI 69.46, Gold 3018.22 The Canadian dollar inched higher overnight as traders appear to ignore the looming tariff threats. The ongoing Canadian federal election is a non-event […]
Improved risk sentiment on Tariff walk-back lifts Loonie. US consumers may not be very confident. USD trading defensively but inside well-defined ranges. USDCAD: open 1.4319, overnight range 1.4285-1.4333 close 1.4319, WTI 69.58, Gold 3023.63 The Canadian dollar is trading higher after improved sentiment stemming from Trump’s latest tariff U-turn. He hinted that auto tariffs might […]
Bank of Canada rate cut of 25 bps is fully priced in. Focus is on US CPI and tariff talk USD trading mixed but with a slight negative bias. USDCAD: open 1.4436, overnight range 1.4422-1.4485, close 1.4436, WTI 66.74, Gold 2914.27 The Canadian dollar is trading in New York a tad firmer from where it […]
Doug Ford slaps 25% tariff on US electricity exports Global equity indexes trying to recover yesterday’s losses. USD opens rallies across the board except vs EUR and GBP USDCAD: open 1.4414 overnight range 1.4394-1.4448, close 1.4440, WTI 66.42, Gold 2911.44 The Canadian dollar is consolidating yesterday’s losses and is well above its weakest points as […]
Trump threatens a 250% tariff on Canadian dairy. Fed Chair Powell is still in no hurry to cut rates USD opens mixed after a quiet overnight session. USDCAD: open 1.4355 overnight range 1.4355-1.4392, close 1.4374, WTI 67.19, Gold 2910.83 The Canadian dollar is slipping lower on the back of fresh tariff threats from Trump […]
Toll-Free Canada or USA
or
Monday to Thursday
From 8:30 AM to 9:30 PM EST
Friday and Saturday
From 8:30 AM to 5:30 PM EST
AUD
CAD
EUR
GBP
NZD
USD
