Updates on the latest happenings surrounding the Canadian dollar, other USD/CAD-related news, and useful currency exchange tools including our currency converter.
USD/CAD Open: 1.3474-78, Overnight Range: 1.3453-1.3486, Previous Close: 1.3479 WTI Oil open at $74.24 and gold open at $2,024.99. US markets are lower today. For today, USD resistance is at 1.3508. Support is at 1.3463. Loonie ignores oil price rise. BoJ leaves rates unchanged as expected. US dollar trades quietly and opens with a […]
USD/CAD Open: 1.3422-26, Overnight Range: 1.3414-1.3447, Previous Close: 1.3430 WTI Oil open at $73.45 and gold open at $2,022.81. US markets are higher today. For today, USD resistance is at 1.3492. Support is at 1.3467. Loonie rises on prospect of hawkish BoC outcome. BoJ and ECB monetary policy meetings this week. US dollar opens […]
USD/CAD Open: 1.3493-97, Overnight Range: 1.3423-1.3500, Previous Close: 1.3426 WTI Oil open at $73.20 and gold open at $2,040.90. US markets are lower today. For today, USD resistance is at 1.3504. Support is at 1.3486. Canadian inflation data due today. Risk sentiment turns negative. US dollar rallies across the board-AUD underperforms, The Canadian […]
USD/CAD Open: 1.3415-19, Overnight Range: 1.3382-1.3426, Previous Close: 1.3410 WTI Oil open at $72.24 and gold open at $2,053.43. US markets are mixed today. For today, USD resistance is at 1.3460. Support is at 1.3417. Slumping oil prices weigh on Canadian dollar. Market activity subdued because of US holiday. US dollar firms on risk […]
USD/CAD Open: 1.3371-75, Overnight Range: 1.3366-1.3397, Previous Close: 1.3392 WTI Oil open at $72.21 and gold open at $2,035.01. US markets are higher today. For today, USD resistance is at 1.3388. Support is at 1.3374. Global markets in limbo until US inflation data, Thursday WTI inches higher on escalating Red Sea tensions. US dollar […]
FOMC minutes due today. Oil prices remain soft. US dollar consolidating yesterday’s gains. AUD underperforms. The Canadian dollar had a bad day yesterday, but it wasn’t alone. US dollar bulls returned with a vengeance and lifted the US dollar index (DXY) from yesterday’s low of 101.03 to 102.20 overnight. The Canadian dollar also […]
USD/CAD Open: 1.3351-55, Overnight Range: 1.3339-1.3372, Previous Close: 1.3369 WTI Oil open at $73.92 and gold open at $2,034.03. US markets are higher today. For today, USD resistance is at 1.3290. Support is at 1.3271. Global markets in full holiday mode. October Retail Sales rise less than expected. US dollar mixed but lower from […]
USD/CAD Open: 1.3385-89, Overnight Range: 1.3391-1.3403, Previous Close: 1.3400 WTI Oil open at $72.92 and gold open at $2,025.67. US markets are higher today. For today, USD resistance is at 1.3351. Support is at 1.3322. Canadian inflation expected to have cooled in November. Bank of Japan leaves policy unchanged. US dollar trades defensively but […]
USD/CAD Open: 1.3380-84, Overnight Range: 1.3366-1.3389, Previous Close: 1.3380 WTI Oil open at $71.33 and gold open at $2,019.28. US markets are higher today. For today, USD resistance is at 1.3410. Support is at 1.3385. Bank of Japan could tweak monetary policy tonight. German Ifo data weaker than expected. US dollar claws back some […]
USD/CAD Open: 1.3378-82, Overnight Range: 1.3372-1.3415, Previous Close: 1.3409 WTI Oil open at $72.02 and gold open at $2,042.49. US markets are mixed today. For today, USD resistance is at 1.3396. Support is at 1.3354. BoC Governor Macklem provides year end update today. Markets pricing 150 bps of Fed easing in 2024. US dollar […]
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