Updates on the latest happenings surrounding the Canadian dollar, other USD/CAD-related news, and useful currency exchange tools including our currency converter.
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:...
FOMC officials will be chattering up a storm today. US dollar rallies across the board. USDCAD: open 1.3962, range (since Friday) 1.3898-1.3967 close 1.3915, WTI $68.50, Gold, $2597.44 There are...
Fed rate cut of 25 bps fully priced in. BoE does as expected and cuts rates by 25 bps. US dollar trading with a bit of a bid ahead of...
Trump wins and US dollar soars Focus shifting to FOMC meeting tomorrow. US dollar rallies hard against all the majors. USDCAD: open 1.3893 overnight range 1.3822-1.3939 close 1.3826, WTI...
Global markets in park until after US election. China data and RBA boost AUD US dollar opens modestly lower after dull overnight session. USDCAD: open 1.3885, overnight range 1.3880-1.3907...
Loonie suffers on interest rate outlook. US GDP and quarterly earnings reports in focus. US dollar trades modestly lower but not against CAD USDCAD: open 1.3915, overnight range 1.3902-1.3925, ...
BoC Governor testifies to Parliament today. Focus is on US election, not data. US dollar opens defensively as it consolidates recent gains. USDCAD: open 1.3880, overnight range 1.3876-1.3901, close...
CAD/US 10-year yield spreads widen in favour of US Sinking oil prices weighing on Loonie. USDCAD: open 1.3895, overnight range 1.3886-1.3907, close 1.3894, WTI $67.16, Gold, $2729.16 The Canadian...
US NFP expected at 142,000 (previous 140,000) Oil rises with geopolitical tensions, US dollar traded quietly overnight ahead of today’s US employment numbers. USDCAD: open 1.3557, overnight range 1.3544-1.3568, close...
Loonie lagging commodity currency bloc gains. Fed Powell pushes back against 50 bp rate cut speculation. US dollar rebounds against majors except against antipodeans. USDCAD: open 1.3533, overnight range 1.3490-1.3540,...
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