Updates on the latest happenings surrounding the Canadian dollar, other USD/CAD-related news, and useful currency exchange tools including our currency converter.
Bank of Japan intervenes and sells USDJPY WTI oil steady but firm The US dollar opened slightly mixed but finished down across the board for the week USDCAD open: 1.3575, overnight range 1.3571-1.3588, close 1.3580, WTI 105.49, Gold 4,582.17 The Canadian dollar rallied yesterday as broad US dollar selling took hold, with surging crude […]
Canadian dollar bopping and weaving Risk sentiment sours as Trump unhappy with Iran peace plan Oil prices surge and gold sinks The US opens with gains across the board USDCAD open: 1.3655, overnight range 1.3613-1.3657, close 1.3628, WTI 99.74, Gold 4,606.93 The Canadian dollar erased Monday’s gains as Trump gave Iran’s three-stage proposal a […]
Canadian dollar Gets a Boost Risk sentiment improves on report Iran offers a peace strategy Canada releases Spring Fiscal Update tomorrow The US is trading with losses across the board USDCAD open: 1.3609, overnight range 1.3606-1.3681, close 1.3670, WTI 96.46, Gold 4,703.71 The Canadian dollar edged higher as improving global risk sentiment, sparked by […]
Canadian dollar on the defensive Oil prices rise as Strait of Hormuz stays closed Risk sentiment sours and stock turn lower The US opens with safe haven demand bid USDCAD open: 1.3668, overnight range 1.3660-1.3680, close1.3672, WTI 94.96, Gold 4697.64 The Canadian dollar inched lower as risk aversion crept back into markets, albeit without much conviction. The Strait of Hormuz is still closed, and Iran has grabbed two […]
Canadian dollar drifting Trump extends Iran ceasefire “indefinitely” Strait of Hormuz still closed The US trading sideways but opens with small gains USDCAD open: 1.3655 overnight range 1.3644-1.3668, close 1.3668, WTI 90.78, Gold 4755.49 The Canadian dollar traded in a subdued and uneventful overnight. Prices were underpinned because global risk sentiment improved modestly. Trump […]
Canadian dollar in park Iran and US peace talks in Islamabad today Fed Chair nominee Kevin Warsh confirmation hearing today The US dollar grind out gains USDCAD open: 1.3662 overnight range 1.3638-1.3664, close 1.3646, WTI 86.79, Gold 4784.88. The Canadian dollar edged lower in an uneventful overnight session as attention remained fixed on Islamabad […]
Risk sentiment is positive ahead of weekend Middle East peace talks. Oil prices inch lower but stall at support The US dollar is trading on a mixed note but little changed from yesterday USDCAD open: 1.3676 overnight range 1.3670-1.3709, close 1.3705, WTI 90.85, Gold 4789.75 The Canadian dollar traded with a bullish bias as […]
Risk sentiment rises on Israel and Lebanon ceasefire talks. Oil prices are trading sideways and above support. The US dollar is trading quietly but defensively USDCAD open: 1.3729, overnight range 1.3713-1.3742, close 1.3743, WTI 92.60, Gold 4813.71 The Canadian dollar inched higher due to improved global risk sentiment. Israel and Lebanon are holding ceasefire […]
Traders are optimistic for a permanent US/Iran ceasefire Oil prices are steady but with bearish outlook The US dollar is trading mixed and little changed from yesterday USDCAD open: 1.3774, overnight range 1.3761-1.3782, close 1.3768, WTI 92.34, Gold 4798.31 The Canadian dollar is drifting sideways with a mild bullish tilt as traders sift through […]
WTI oil prices inch higher The US dollar is mixed in quiet trading. USDCAD open: 1.3920, overnight range 1.3906-1.3930, close 1.3912, WTI 112.50, Gold 4672.25. The Canadian dollar is directionless range and is trading where it was a week ago. FX price action is dictated by US and Iran developments and not economic fundamentals. […]
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