Updates on the latest happenings surrounding the Canadian dollar, other USD/CAD-related news, and useful currency exchange tools including our currency converter.
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 […]
Trump tariff delay not matched by Canada US and Canadian employment data ahead USD continues to slide due to Trumps muddle messaging USDCAD: open 1.4315, overnight range 1.4280-1.4320, close 1.4296, WTI 67.54, Gold 2917.59 The Canadian dollar rallied hard on the news that President Trump decided to cancel the 25% tariffs on imports from Canada […]
Mixed messaging on tariff start dates confuse markets US/Ukraine mineral deal in focus US dollar rangebound in cautious trading. USDCAD: open 1.4338, overnight range 1.4322-1.4364, close 1.4339, WTI 69.30, Gold 2892.08 The Canadian dollar is consolidating recent losses on the approach to the March 4 tariff date and ahead of a slew of US economic […]
Approaching tariff date sinks Loonie. US consumers getting nervous. US dollar opens on a mixed note-Canadian dollar is the worst performing G-10 currency USDCAD: open 1.4345, overnight range 1.4292-1.4345, close 1.4317, WTI 69.03, Gold 2912.97 The Canadian dollar gave up more ground overnight as the March 4 tariff date nears. Many Canadians were convinced […]
Trump suggests he will go ahead with Canada tariffs. Risk aversion rises on chaotic White House messaging. USD giving back some of overnight gains in early NY trading. USDCAD: open 1.4268, overnight range 1.4240-1.4280, close 1.4261, WTI 70.65, Gold 2937.63 The Canadian dollar was Trumped yesterday, and it is licking its wounds this morning. Yesterday, […]
Relief rally lifts Loonie US reciprocal tariffs delayed until April USD opens defensively The Canadian dollar surged yesterday, crashing through resistance and reaching a level last seen in the middle of December. The gains were fueled by relief that President Trump’s reciprocal tariff plan would be delayed until April. The Canadian dollar rally is […]
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
