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: 1.3356-60, Overnight Range: 1.3348-1.3402, Previous Close: 1.3395 WTI Oil open at $74.91 and gold open at $2,046.44. US markets are mixed today. For today, USD resistance is at 1.3419. Support is at 1.3394. FX markets recovering after US CPI roils markets. WTI oil jumps 5.3% after US and UK forces bomb Yemen. […]
USD/CAD Open: 1.3372-76, Overnight Range: 1.3355-1.3383, Previous Close: 1.3382 WTI Oil open at $72.54 and gold open at $2,032.04. US markets are lower today. For today, USD resistance is at 1.3467. Support is at 1.3410. US Inflation data will determine near term USDCAD direction. Analysts expect frequent and steep rate cuts in 2024. US […]
USD/CAD Open: 1.3371-75, Overnight Range: 1.3366-1.3397, Previous Close: 1.3392 WTI Oil open at $72.21 and gold open at $2,035.01. US markets are higher today. For today, USD resistance is at 1.3388. Support is at 1.3374. Global markets in limbo until US inflation data, Thursday WTI inches higher on escalating Red Sea tensions. US dollar […]
USD/CAD Open: 1.3365-69, Overnight Range: 1.3341-1.3379, Previous Close: 1.3348 WTI Oil open at $72.13 and gold open at $2,035.62. US markets are mixed today. For today, USD resistance is at 1.3398. Support is at 1.3383. Traders uninspired ahead of US inflation report, due Thursday. Euro area and German data undermine EURUSD. US dollar starts […]
USD/CAD Open: 1.3371-75, Overnight Range: 1.3346-1.3381, Previous Close: 1.3349 WTI Oil open at $72.62 and gold open at $2,040.16. US markets are higher today. For today, USD resistance is at 1.3378. Support is at 1.3350. Canada expected to have gained 13,5000 jobs in December. Focus is on US nonfarm payrolls (forecast 170,000). US dollar […]
USD/CAD Open: 1.3321-25, Overnight Range: 1.3317-1.3361, Previous Close: 1.3354 WTI Oil open at $73.39 and gold open at $2,047.67. US markets are mixed today. For today, USD resistance is at 1.3367. Support is at 1.3339. Mildly hawkish FOMC minutes sink equities and lift greenback. ADP Employment data ahead. US dollar opens slightly lower compared […]
FOMC minutes due today. Oil prices remain soft. US dollar consolidating yesterday’s gains. AUD underperforms. The Canadian dollar had a bad day yesterday, but it wasn’t alone. US dollar bulls returned with a vengeance and lifted the US dollar index (DXY) from yesterday’s low of 101.03 to 102.20 overnight. The Canadian dollar also […]
USD/CAD Open: 1.3273-77, Overnight Range: 1.3229-92, Previous Close (Dec 22): 1.3267 WTI Oil open at $73.47 and gold open at $2,075.99. US markets are mixed today. For today, USD resistance is at 1.3331. Support is at 1.3313. USDCAD at highest level since December 22 close. EURUSD suffers from soft manufacturing PMI data. US dollar […]
USD/CAD Open: 1.3273-77, Overnight Range: 1.3269-1.3293, Previous Close: 1.3282 WTI Oil open at $74.56 and gold open at $2,055.74. US markets are mixed today. For today, USD resistance is at 1.3278. Support is at 1.3242. The Knightsbridge FX daily will resume January 2. Canada October GDP expected to rise to 0.2% from 0.1%. US […]
USD/CAD Open: 1.3351-55, Overnight Range: 1.3339-1.3372, Previous Close: 1.3369 WTI Oil open at $73.92 and gold open at $2,034.03. US markets are higher today. For today, USD resistance is at 1.3290. Support is at 1.3271. Global markets in full holiday mode. October Retail Sales rise less than expected. US dollar mixed but lower from […]
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