Expert, money saving updates, forecasts & tips on the CAD exchange

Canadian Dollar Update – Canadian dollar sinks on renewed tariff promise

Trade war risks soar. Canada and US data will take a back seat to tariff news. US dollar opens with gains across the board. USDCAD: open 1.4440, overnight range 1.4429-1.4453,...

Canadian Dollar Update – Canadian dollar doing the tariff two-step

Mixed messaging on tariff start dates confuse markets US/Ukraine mineral deal in focus US dollar rangebound in cautious trading. USDCAD: open 1.4338, overnight range 1.4322-1.4364, close 1.4339, WTI 69.30, Gold...

Canadian Dollar Update – Canadian dollar under pressure

  Approaching tariff date sinks Loonie. US consumers getting nervous. US dollar opens on a mixed note-Canadian dollar is the worst performing G-10 currency USDCAD: open 1.4345, overnight range 1.4292-1.4345,...

Canadian Dollar Update – Canadian dollar gets hit by tariff talk

Trump suggests he will go ahead with Canada tariffs. Risk aversion rises on chaotic White House messaging. USD giving back some of overnight gains in early NY trading. USDCAD: open...

Canadian Dollar Update – Canadian dollar bounces off resistance

  EURUSD popped and dropped on German election results. Trump encourages Mexico to join his tariff fight with China. USD opens on a mixed note but within previous ranges. USDCAD:...

Canadian Dollar Update – Canadian dollar awaiting retail sales data

  Canada retail sales expected to have bounced sharply in December. Equities climb on tech stock optimism. USD trading on the defensive due to improved risk sentiment. USDCAD: open 1.4196,...

Canadian Dollar Update – Canadian dollar looking for direction

  FOMC minutes suggest rates likely to remain unchanged for longer. Trump tosses out conciliatory trade comment about China USD trading slower on slightly improved risk sentiment. USDCAD: open 1.4206,...

Canadian Dollar Update – Canadian dollar snowbound

  Canadian inflation not expected to have much impact on FX. Focus is on US/Russia talks in Saudia Arabia. USD opens with a mixed tone. USDCAD: open 1.4193, overnight range...

Canadian Dollar Update – Canadian dollar breaks higher

  Relief rally lifts Loonie US reciprocal tariffs delayed until April USD opens defensively The Canadian dollar surged yesterday, crashing through resistance and reaching a level last seen in the...

Canadian Dollar Update – Canadian dollar firm attempting to rally

  Possible Ukraine/Russia peace talks boost risk sentiment Canada could face more Trump tariffs today. USD opens rangebound and mixed. USDCAD: open 1.4290, overnight range 1.4255-1.4307, close 1.4309, $70.23, Gold,...