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: 1.3145-49, Overnight Range: 1.3141-1.3167, Previous Close: 1.3165 WTI Oil open at $71.64 and gold open at $1,928.98. US markets are mixed today. For today, USD resistance is at 1.3161. Support is at 1.3133. Loonie rising as expected BoC rate hikes to match Fed. Bank of England surprises with a 50bp rate bump. […]
USD/CAD Open: 1.3221-25, Overnight Range: 1.3211-1.3244, Previous Close: 1.3234 WTI Oil open at $71.17 and gold open at $1,933.41. US markets are lower today. For today, USD resistance is at 1.3179. Support is at 1.3143. Fed Chair Jerome Powell testifies to Congress today. Canada’s April retail sales expected to rebound modestly. US dollar inches […]
USD/CAD Open: 1.3228-32, Overnight Range: 1.3208-1.3237, Previous Close: 1.3210 WTI Oil open at $71.63 and gold open at $1,952.46. US markets are lower today. For today, USD resistance is at 1.3249. Support is at 1.3211. Risk sentiment cautiously optimistic. US market re-open in a slight risk-adverse environment. US dollar recoups some losses against commodity […]
USD/CAD Open: 1.3204-08, Overnight Range: 1.3181-1.3227, Previous Close: 1.3198 WTI Oil open at $71.56 and gold open at $1,950.35. US markets are lower today. For today, USD resistance is at 1.3219. Support is at 1.3190. Risk sentiment cautiously optimistic. US markets closed for holiday. US dollar remains on defensive. The Canadian dollar continues to […]
USD/CAD Open: 1.3320-24, Overnight Range: 1.3322-1.3353, Previous Close: 1.3323 WTI Oil open at $68.99 and gold open at $1,936.19. US markets are higher today. For today, USD resistance is at 1.3253. Support is at 1.3196. FOMC surprises with hawkish rate projections. ECB meeting ahead-25 bp rate hike widely expected. US dollar trading with mixed […]
USD/CAD Open: 1.3287-91, Overnight Range: 1.3287-1.3318, Previous Close: 1.3315 WTI Oil open at $70.09 and gold open at $1,951.62. US markets are mixed today. For today, USD resistance is at 1.3308. Support is at 1.3263. Loonie probing resistance and hoping to break higher. FOMC widely expected to skip a rate hike today. US dollar […]
USD/CAD Open: 1.3327-31, Overnight Range: 1.3317-1.3357, Previous Close: 1.3341 WTI Oil open at $68.22 and gold open at $1,965.27. US markets are higher today. For today, USD resistance is at 1.3383. Support is at 1.3361. Focus on FOMC and ECB meetings this week. WTI oil slumps despite Saudi production cut. US dollar opens lower […]
USD/CAD Open: 1.3336-40, Overnight Range: 1.3334-1.3369, Previous Close: 1.3358 WTI Oil open at $71.56 and gold open at $1,961.99. US markets are higher today. For today, USD resistance is at 1.3361. Support is at 1.3333. Consensus forecast for Canadian May jobs is a gain of 21,000. Fed expected to skip a June rate hike. […]
USD/CAD Open: 1.3343-47, Overnight Range: 1.3336-1.3374, Previous Close: 1.3371 WTI Oil open at $72.81 and gold open at $1,946.52. US markets are higher today. For today, USD resistance is at 1.3373. Support is at 1.3335. Bank of Canada hiked but Loonie rally stalls. EuroStat says Eurozone is in a recession. US dollar opens softer […]
USD/CAD Open: 1.3417-21, Overnight Range: 1.3392-1.3449, Previous Close: 1.3444 WTI Oil open at $70.91 and gold open at $1,962.46. US markets are higher today. For today, USD resistance is at 1.3468. Support is at 1.3366. Reserve Bank of Australia raises rates. Oil prices slide despite Saudi production cut plans. US dollar mildly softer. The […]
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