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: 1.3718-22, 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 […]
USD/CAD Open: 1.3593-97, Overnight Range: 1.3589-1.3623, Previous Close: 1.3607 WTI Oil open at $76.31 and gold open at $1,810.54. US markets are higher today. For today, USD resistance is at 1.3595. Support is at 1.3549. FX churns due to month-end flows and geopolitics Canada Q4 GDP due Tuesday US dollar opens with modest losses […]
USD/CAD Open: 1.3574-78, Overnight Range: 1.3529-1.3602, Previous Close: 1.3549 WTI Oil open at $76.01 and gold open at $1,822.46. US markets are lower today. For today, USD resistance is at 1.3682. Support is at 1.3605. Geopolitics and US rate outlook fuels US dollar demand US Core PCE data and Michigan Consumer Sentiment in focus […]
USD/CAD Open: 1.3342-46, Overnight Range: 1.3330-1.3352, Previous Close: 1.3331 WTI Oil open at $78.93 and gold open at $1,859.63. US markets are mixed today. For today, USD resistance is at 1.3380. Support is at 1.3318. Loonie probing major resistance area US dollar on the defensive ahead of January inflation data US dollar modestly lower […]
USD/CAD Open: 1.3437-41, Overnight Range: 1.3416-1.3470, Previous Close: 1.3455 WTI Oil open at $79.57 and gold open at $1,863.45. US markets are mixed today. For today, USD resistance is at 1.3363. Support is at 1.3328. Canada expected to gain of 15,000 jobs Russia announces oil production cut US dollar opens mixed, and CAD outperforms […]
USD/CAD Open: 1.3294-98, Overnight Range: 1.3264-1.3296, Previous Close: 1.3291 WTI Oil open at $76.45 and gold open at $1,952.70. US markets are mixed today. For today, USD resistance is at 1.3392. Support is at 1.3253. BoE hikes 50 bps-ECB to follow Fed’s Powell sparks risk rally US dollar falls across the board, post FOMC […]
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