Updates on the latest happenings surrounding the Canadian dollar, other USD/CAD-related news, and useful currency exchange tools including our currency converter.
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. […]
Trump’s 48-hour deadline ends Tuesday Reuters reports there is a US/Iran ceasefire plans circulating The US dollar opens softer in extremely thin, holiday markets. USDCAD open: 1.3920, overnight range 1.3916-1.3948, close: Thurs. 1.3922, Fri. 1.3946, WTI 111.44, Gold 4693.82. The Canadian dollar is trading with a negative bias despite the modest uptick in oil […]
Oil soars Carney mends fences with India US dollar rallies against the majors, but CAD hangs steady USDCAD open: 1.3653, overnight range 1.3637-1.3687, close 1.3644, WTI 72.04, Gold 5390.32 The Canadian dollar has held up well despite broad US dollar safe-haven demand. The resilience reflects the sharp rally in gold and oil, commodities that […]
Fed rate cut and BoC hold give Loonie a lift Global equities are mixed after Oracle earnings miss estimates US dollar falls but is off its worst levels USDCAD open: 1.3805, overnight range 1.3785-1.3923, close 1.3794, WTI 57.57, Gold 4216.96. The Canadian dollar traded little changed after the Bank of Canada left interest rates […]
Global FX markets trade quietly in dull overnight session Fed to cut, BoC to hold US dollar slips modestly and opens in NY mostly softer USDCAD open: 1.3853, overnight range 1.3844-1.3859, close 1.3845, WTI 58.6, Gold 4193.82. The Canadian dollar was directionless overnight, as markets stayed on the sidelines ahead of today’s Bank of […]
European equity markets trading defensively RBA leaves rates unchanged US dollar trading clawing back losses USDCAD open: 1.3842, overnight range 1.3838-1.3858, close 1.3859, WTI 59.03, Gold 4204.41 The Canadian dollar gave back some of yesterdays gains in another quiet overnight session. The US dollar caught a bit of a bid due to mild risk-off […]
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