Updates on the latest happenings surrounding the Canadian dollar, other USD/CAD-related news, and useful currency exchange tools including our currency converter.
Possible Ukraine/Russia peace talks boost risk sentiment Canada could face more Trump tariffs today. USD opens rangebound and mixed. USDCAD: open 1.4290, overnight range 1.4255-1.4307, close 1.4309, $70.23, Gold, $2918.02 The Canadian dollar rode a wave of positive risk sentiment in Asia but quickly gave back all the gains by the time NY opened. […]
Canadian dollar awaiting US inflation data. Fed Chair Powell testifies again-this time to the House at 10:00 am. USD opens on a mixed not with the Japanese yen underperforming. USDCAD: open 1.4308, overnight range 1.4280-1.4316, close 1.4285, $72.29, Gold, $2883.23 The Canadian dollar is drifting higher ahead of today’s US inflation report, but gains […]
Canadian dollar shrugs off latest Trump tariff Fed Chair Powell testifies at 3:00 pm USD opens with modest gains after cautious overnight session. USDCAD: open 1.4343, overnight range 1.4316-1.4345, close 1.4318, $73.18 Gold, $2903.43 The Canadian dollar traded sideways in an uneventful overnight session despite President Trump imposing tariffs on imports of Canadian steel […]
Canadian dollar sinks then climbs on latest Trump tariff salvo New Trump tariffs sour risk sentiment. USD opens higher-EURUSD loses the most. USDCAD: open 1.4333, overnight range 1.4316-1.4381, close 1.4292, $71.94, Gold, $2902.66 The Canadian dollar traded rather excitedly in the opening hours of Asia. It fell to its session low very early on then […]
Upside risk to Canada job gain forecast of 25,000. NFP revisions are key to US dollar trading today. USD opens little changed after quiet overnight session. USDCAD: open 1.4325 overnight range 1.4302-1.4327, close 1.4306 WTI $71.15, Gold, $2867.47 The Canadian dollar drifted higher alongside broad US dollar weakness yesterday but traded quietly overnight. Statistics […]
Canadian dollar returns to early January level. Global risk sentiment improves after China’s “measured” tariff retaliation. US dollar on the defensive with losses across the board. USDCAD: open1.4279 overnight range 1.4272-1.4345, close 1.4323, WTI $72.09, Gold, $2867.98 The Canadian dollar is soaring. USDCAD has dropped from a peak of 1.4795 on Monday night in […]
Canada-US trade war averted-for now China hits back at Trump tariffs US dollar gives back most of yesterday’s gains USDCAD: open 1.4408 overnight range 1.4387-1.4503 close 1.4427, WTI $71.88, Gold, $2813.79 The Canadian dollar is back to where it was on Friday after the Canada-US trade war was delayed until March. It is […]
Tariffs are coming to Canada and Mexico US PCE Price index data on tap USD grinding higher. USDCAD: open1.4489 overnight range 1.4431-1.4511, close 1.4492, WTI $72.506 Gold, $2793.35 The Canadian dollar plunged nearly 200bps late Thursday afternoon after Trump appeared to reaffirm his desire to levy 25% tariffs on Canada. In an interview with […]
BoC expected to cut rates by 25 bps-FOMC to leave them unchanged. Lunar New Year begins in Asia-many centers are closed. USD trades drifting ahead of FOMC meeting. USDCAD: open 1.4429, overnight range 1.4392-1.4434, close 1.4402, WTI $73.03, Gold, $2758.27 The Canadian dollar came under renewed pressure yesterday and it continued in overnight trading. […]
Trump reiterates universal tariffs. Equities attempting to recoup yesterday’s losses. USD rallies against all the majors-JPY is the weakest. USDCAD: open 1.4413, overnight range 1.4367-1.4416, close 1.4376, WTI $73.64, Gold, $2742.95 The Canadian dollar’s pleasant drift higher yesterday ended abruptly because of a spike in risk aversion. The NASDAQ plunged 3.07% and wiped out $1.0 […]
AUD
CAD
EUR
GBP
NZD
USD
