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 turns bullish May 31, 2024 Canada’s economy is not expected to show any growth in March. A slightly softer US PCE -Price Index is anticipated. US dollar trading defensively due to month end and improved risk sentiment. USDCAD: open 1.3646, overnight range 1.3630-1.3690, close 1.3679, WTI $77.86, Gold, $2343.52 The Canadian dollar is […]
Bond traders driving FX markets US 10-year Treasury yield drifts lower, ahead of US GDP and jobless claims data. US dollar consolidates Wednesday’s gains but off its best levels. USDCAD: open 1.3721, overnight range 1.3709-1.3736, close 1.3718, WTI $78.92, Gold, $2332.52 The Canadian dollar dropped sharply yesterday after traders reduced their expectations for earlier-than-expected […]
USDCAD: open 1.3661, overnight range 1.3641-1.3678, close 1.3645, WTI $80.59, Gold, $2345.26 Treasury yield spike sinks Loonie. Canadian and US economic calendars are very light. US dollar consolidating Tuesday’s gains. The Canadian dollar rally hit a brick wall, and the currency tumbled, negating a minor uptrend. The Loonie appeared to be on the verge […]
More Fed talk and US Consumer Confidence data in focus Sentiment is building for soft PCE-Prices data on Friday. US dollar on the defensive in mildly positive risk environment. USDCAD open 1.3626, overnight range 1.3614-1.3637, close 1.3636, WTI $78.88, Gold, $2343.90. The Canadian dollar extended yesterday’s gains overnight and is poised to move lower […]
USD/CAD Open: 1.3669, Overnight Range: 1.3665-1.3697, Previous Close: 1.3695 WTI Oil open at $78.07 and gold open at $2,364.40. US markets are lower today. For today, USD resistance is at 1.3738. Support is at 1.3721. FOMC minutes were hawkish but past the “best-before” date. Gold tumbles sharply. US dollar is little changed compared to […]
USD/CAD Open: 1.3657, Overnight Range: 1.3624-1.3669, Previous Close: 1.3655 WTI Oil open at $78.04 and gold open at $2,417.44. US markets are lower today. For today, USD resistance is at 1.3701. Support is at 1.3683. Loonie consolidating losses following soft inflation data. FOMC minutes from May 1 meeting due today. US dollar opens on […]
USD/CAD Open: 1.3630, Overnight Range: 1.3622-1.3644, Previous Close: 1.3619 WTI Oil open at $78.58 and gold open at $2,416.17. US markets are higher today. For today, USD resistance is at 1.3649. Support is at 1.3633. Canada CPI expected to rise 2.7% y/y vs 2.9% in March. Fed’s Mester said she no longer sees three […]
USD/CAD Open: 1.3639, Overnight Range: 1.3612-1.3644, Previous Close: 1.3619 WTI Oil open at $79.31 and gold open at $2,382.56. US markets are mixed today. For today, USD resistance is at 1.3619. Support is at 1.3604. Canada and many European markets are closed Monday. Fed policymakers push back against early rate cut sentiment. US dollar […]
USD/CAD Open: 1.3624, Overnight Range: 1.3590-1.3629, Previous Close: 1.3602 WTI Oil open at $78.34 and gold open at $2,385.10. US markets are lower today. For today, USD resistance is at 1.3627. Support is at 1.3608. US CPI fuels early rate cut hopes. European equities and US futures treading water ahead of weekly jobless claims. […]
USD/CAD Open: 1.3630, Overnight Range: 1.3624-1.3656, Previous Close: 1.3653 WTI Oil open at $78.19 and gold open at $2,369.46. US markets are higher today. For today, USD resistance is at 1.3611. Support is at 1.3586. US Inflation expected to have fallen in April. China contemplates new fiscal stimulus measures. US dollar opens with losses […]
AUD
CAD
EUR
GBP
NZD
USD
