Updates on the latest happenings surrounding the Canadian dollar, other USD/CAD-related news, and useful currency exchange tools including our currency converter.
Traders wary of G-7 Finance Minister comments on currencies. UK inflation rises more than expected-tax hikes blamed. US dollar continues to slide. USDCAD: open 1.3888, overnight range 1.3868-1.3922, close 1.3918,...
US Michigan Consumer Sentiment ahead. US dollar remains on the defensive after soft data yesterday. USDCAD: open 1.3962, overnight range 1.3935-1.3969, close 1.3960, WTI 61.60, Gold 3209.40 The Canadian dollar...
Opec says it will increase production by another 411k barrels/day in June. China, and UK closed for holiday. US dollar trading with a neutral bias in thin trading USDCAD: open...
Carney leads Liberals to victory—opposition leaders lose their seats. US JOLTS data and Consumer Confidence put the focus on recession risks. US dollar opens higher compared to close. USDCAD: open...
Risk sentiment turns positive as Trump back-tracks on Powell. Stock markets rally and Treasury yields sink US dollar rallies but CAD and MXN outperform USDCAD: open 1.3805, overnight range 1.3798-1.3861,...
Trump’s threat to fire Powell tanks greenback. China Leaves benchmark rates unchanged US dives across the board. USDCAD: open 1.3797, overnight range 1.3781-1.3851, close 1.3848, WTI 62.14 Gold 3394.83. The...
Canada CPI expected to be unchanged in March. Trump hinting at a pause in auto tariffs. US still on the defensive. USDCAD: open 1.3857, overnight range 1.3850-1.3909, close 1.3877,...
Trump delays tariffs on Chinese electronic imports. Global equity indexes surge. US dollar consolidating losses-AUD outperforms USDCAD: open 1.3848, overnight range 1.3829-1.3885 close 1.3865, WTI 2.08, Gold 3224.12 The...
Markets rally when Trump blinks US March CPI ex-food and energy expected at 3.0% y/y-February 3.1% US dollar sinks like a rock except against CHF and JPY USDCAD: open 1.4072,...
Global equity indexes in free fall China retaliates with a 50% tariff hike to 84% for US imports. US dollar falling as investors “sell America.” USDCAD: open 1.4206, overnight range...
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