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: 1.3477-81, Overnight Range: 1.3476-1.3512, Previous Close: 1.3491 WTI Oil open at $77.75 and gold open at $2,026.18. US markets are lower today. For today, USD resistance is at 1.3532. Support is at 1.3512. Canada CPI expected to dip to 3.3% y/y from 3.4% in December. PboC surprises markets and cuts 5-year LPR. […]
USD/CAD Open: 1.3479-83, Overnight Range: 1.3461-1.3486, Previous Close: 1.3464 WTI Oil open at $77.33 and gold open at $2,007.21. US markets are higher today. For today, USD resistance is at 1.3499. Support is at 1.3475. Oil rally capped by IEA outlook. Risk sentiment is positive. US dollar opens defensively on equity rally. The Canadian […]
USD/CAD Open: 1.3537-40, Overnight Range: 1.3529-1.3552, Previous Close: 1.3543 WTI Oil open at $76.03 and gold open at $1,995.98. US markets are higher today. For today, USD resistance is at 1.3478. Support is at 1.3455. The Canadian dollar was largely ignored overnight and stayed in a narrow range ahead of barrage of US economic […]
USD/CAD Open: 1.3533-37, Overnight Range: 1.3533-1.3573, Previous Close: 1.3566 WTI Oil open at $78.03 and gold open at $1,993.01. US markets are higher today. For today, USD resistance is at 1.3551. Support is at 1.3531. Hot US inflation crushes breaks Loonie’s heart. Weak UK data sinks GBPUSD. US dollar is steady after Tuesday’s rally. […]
USD/CAD Open: 1.3447-51, Overnight Range: 1.3442-1.3463, Previous Close: 1.3455 WTI Oil open at $77.53 and gold open at $2,026.87. US markets are lower today. For today, USD resistance is at 1.3577. Support is at 1.3553. US CPI expected to drop by 0.50% to 2.9% y/y Higher crude prices underpin Loonie. US dollar adrift ahead […]
USD/CAD Open: 1.3456-60, Overnight Range: 1.3450-1.3467, Previous Close: 1.3460 WTI Oil open at $76.41 and gold open at $2,032.92. US markets are mixed today. For today, USD resistance is at 1.3479. Support is at 1.3446. Canada expected to have gained 15,000 jobs in January. Lunar New Year holidays begin. USD traded sideways overnight and […]
USD/CAD Open: 1.3469-73, Overnight Range: 1.3448-1.3482, Previous Close: 1.3464 WTI Oil open at $74.42 and gold open at $2,036.05. US markets are higher today. For today, USD resistance is at 1.3468. Support is at 1.3447. Dovish Fed speak helps lift stocks. Data void leaves FX rangebound USD opens mixed after uneventful overnight session. […]
USD/CAD Open: 1.3481-85, Overnight Range: 1.3470-1.3496, Previous Close: 1.3495 WTI Oil open at $73.81 and gold open at $2,033.03. US markets are lower today. For today, USD resistance is at 1.3471. Support is at 1.3454. Bank of Canada Governor repeats dovish view. 10-year Treasury yield is grinding higher. US dollar trading defensively after uneventful […]
USD/CAD Open: 1.3538-42, Overnight Range: 1.3506-1.3544, Previous Close: 1.3540 WTI Oil open at $72.86 and gold open at $2,023.97. US markets are mixed today. For today, USD resistance is at 1.3549. Support is at 1.3497. BoC Governor Macklem delivers remarks on economy today. The US data calendar is empty leaving traders looking for a […]
USD/CAD Open: 1.3487-91, Overnight Range: 1.3460-1.3493, Previous Close: 1.3461 WTI Oil open at $71.83 and gold open at $2,024.62. US markets are lower today. For today, USD resistance is at 1.3557. Support is at 1.3516. Powell claims to be in no hurry to reduce rates. EURUSD ignores PMI data. US dollar adding to post […]
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