Updates on the latest happenings surrounding the Canadian dollar, other USD/CAD-related news, and useful currency exchange tools including our currency converter.
Canadian Dollar scratching out gains. Risk sentiment improves slightly WTI extends losses on talk of renewed US and Iran dialogue US dollar ending the week with losses across the board USDCAD open: 1.4170, overnight range 1.4136-14176, close 1.4169, WTI 71.83, Gold 4,105.23 The Canadian dollar rallied during the Asian session on word that Iran […]
Canadian Dollar trading sideways Markets shrugging off latest US-Iran hostilities WTI retreats from yesterday’s peak US dollar is trading on a mixed to flat note. USDCAD open: 1.4179, overnight range 1.4153-1.4190, close 1.4172, WTI 73.57, Gold 4,104.87 The Canadian dollar is digesting yesterday’s gains and little changed following the FOMC minutes. The FOMC minutes […]
Canadian Dollar Bounces on oil WTI spikes over 6.0% US dollar rises on safe-haven demand USDCAD open: 1.4160, overnight range 1.4155-1.4209, close 1.4202, WTI 74.84, Gold 4,043.90 The Canadian dollar rallied on the back of surging oil prices and a slight narrowing in the 2 and 10-year CAD/US interest rate spread. Prices also got […]
Canadian Dollar steady Iran attacks tanker in Strait of Hormuz-No reaction from US Saudi’s slash crude prices for Asian buyers US dollar opens with modest gains across the board USDCAD open: 1.4216, overnight range 1.4202-1.4222, close 1.4206, WTI 69.24, Gold 4,131.74 The Canadian dollar traded quietly with traders awaiting developments from Trump and the […]
Canadian Dollar trading negatively Trump heads to NATO Summit in Turkey Opec announces another production increase US dollar opens with a bid tone USDCAD open: 1.4229, overnight range 1.4191-1.4232, close 1.4199, WTI 68.34, Gold 4,143.50 The Canadian dollar traded softly as the greenback was in demand across the board. Wide Canada-US interest rate spreads […]
Canadian Dollar could rally further US markets closed-expect quiet trading, thin markets. Fed rate hike speculation pushed downstream. US dollar opens mixed to modestly lower USDCAD open: 1.4196, overnight range 1.4160-1.4198, close 1.4186, WTI 68.72, Gold 4,172.04 The Canadian dollar climbed on the back of a broad US dollar selloff after this week’s American employment […]
Canadian Dollar weighed down Canada GDP data unlikely to support Loonie. US and Iran resume talks in Qatar US dollar trading with a bit of a bid in early NY. USDCAD open: 1.4236, overnight range 1.4200-1.4040, close 1.4210, WTI 71.11, Gold 4,023.89 The Canadian dollar traded negatively because of US dollar demand against the majors, with month end portfolio rebalancing doing much of the heavy lifting. […]
Canadian Dollar idling Markets trading cautiously ahead of major data this week Oil prices shrug off latest Iran/US news US dollar trading with a bit of a bid in early NY USDCAD open: 1.4189, overnight range 1.4175-1.4200, close 1.4193, WTI 70.58, Gold 4,033.11 The Canadian dollar rallied is drifting inside its well-defined range that […]
Canadian Dollar attempting to rally Tame US PCE knocks US dollar lower Oil prices retreat despite Iran attack on Taiwan ship US dollar opens lower against the majors USDCAD open: 1.4185, overnight range 1.4181-1.4210, close 1.4203, WTI 69.00, Gold 4,047.61 The Canadian dollar rallied after Thursday’s US PCE Price index was little changed which […]
Canadian Dollar extends losses Tech stock sell-off sparks safe-haven demand for US dollars Oil prices slide with Strait of Hormuz opening US dollar rises against G-10 majors USDCAD open: 1.4233, overnight range 1.4205-1.4239, close 1.4212, WTI 72.04, Gold 4,064.15 The Canadian dollar continued to slide, driven by broad dollar demand on growing conviction that […]
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