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 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 […]
Canadian Dollar still sliding Widening CAD/US interest rate spreads weighing on Loonie Tech stock weakness sparks safe-haven demand for US dollars US dollar continues to grind higher USDCAD open: 1.4181, overnight range 1.4151-1.4189, close 1.4162, WTI 73.52, Gold 4,124.89 The Canadian dollar drifted with a negative undertone overnight. Yesterday’s inflation print ran hotter than […]
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