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: 1.3453-58, Overnight Range: 1.3451-1.3469, Previous Close: 1.3464 WTI Oil open at $81.77 and gold open at $2,010.92. US markets are higher today. For today, USD resistance is at 1.3498. Support is at 1.3411. Bank of Canada expected to leave rates unchanged today. US CPI and FOMC minutes on tap. US dollar traded […]
USD/CAD Open: 1.3474-78, Overnight Range: 1.3449-1.3488, Previous Close: 1.3457 WTI Oil open at $80.34 and gold open at $2,019.68. US markets are higher today. For today, USD resistance is at 1.3506. Support is at 1.3458. Canada expected to have gained 12,000 jobs in March. Risk sentiment is mildly negative heading into Easter weekend. US […]
USD/CAD Open: 1.3473-77, Overnight Range: 1.3428-1.3482, Previous Close: 1.3444 WTI Oil open at $80.41 and gold open at $2,024.79.75. US markets are mixed today. For today, USD resistance is at 1.3475. Support is at 1.3452. JOLTS job openings surprise raises odds the Fed leaves rates unchanged. RBNZ surprises with a 50 bp rate hike. […]
USD/CAD Open: 1.3546-50, Overnight Range: 1.3532-1.3580, Previous Close: 1.3558 WTI Oil open at $73.67 and gold open at $1,967.38. US markets are higher today. For today, USD resistance is at 1.3560. Support is at 1.3512. Risk sentiment improves Global equity indexes climbing on hopes for US rate hike pause US dollar trading inches lower […]
USD/CAD Open: 1.3700-04, Overnight Range: 1.3697-1.3717, Previous Close: 1.3713 WTI Oil open at $69.13 and gold open at $1,944.69. US markets are lower today. For today, USD resistance is at 1.3741. Support is at 1.3717. FOMC meeting could lead to market volatility. UK inflation surged in February. US dollar trading defensively, CAD underperforms. The […]
USD/CAD Open: 1.3718-22, Overnight Range: 1.3688-1.3745, Previous Close: 1.3735 WTI Oil open at $64.69 and gold open at $1,983.90. US markets are higher today. For today, USD resistance is at 1.3676. Support is at 1.3644. G-7 central bankers act to boost global liquidity. Safe-have demand crushes 10-year Treasury yield. US dollar rises against commodity […]
USD/CAD Open: 1.3734-38, Overnight Range: 1.3689-1.3748, Previous Close: 1.3731 WTI Oil open at $73.18 and gold open at $1,901.24. US markets are higher today. For today, USD resistance is at 1.3714. Support is at 1.3646. Traders are pricing in a lower Fed terminal rate. US CPI headline expected to drop to 6.0% from 6.4% […]
USD/CAD Open: 1.3790-94, Overnight Range: 1.3792-1.3816, Previous Close: 1.3803 WTI Oil open at $76.60 and gold open at $1,818.14. US markets are lower today. For today, USD resistance is at 1.3846. Support is at 1.3814. BoC leaves rates unchanged and Canadian dollar plunges. Fed Chair Powell warns of higher rates for longer. US dollar […]
USD/CAD Open: 1.3753-58, Overnight Range: 1.3748-1.3772, Previous Close: 1.3754 WTI Oil open at $77.38 and gold open at $1,814.08. US markets are lower today. For today, USD resistance is at 1.3818. Support is at 1.3770. Hawkish Powell sinks Canadian dollar. Bank of Canada ahead-no change in rates expected. US dollar consolidates Tuesdays gains overnight. […]
USD/CAD Open: 1.3597-01, Overnight Range: 1.3587-1.3657, Previous Close: 1.3646 WTI Oil open at $76.16 and gold open at $1,834.79. US markets are mixed today. For today, USD resistance is at 1.3654. Support is at 1.3552. Canada Q4 GDP weaker than expected. Chinese PMI data surges, boosting global risk sentiment. US dollar gives up ground […]
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