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: 1.3561-65, Overnight Range: 1.3531-1.3579, Previous Close: 1.3538 WTI Oil open at $73.42 and gold open at $2,025.69. US markets are mixed today. For today, USD resistance is at 1.3592. Support is at 1.3553. Moody’s downgrades China to A! negative. RBA delivers dovish hold. US dollar rallies across the board. The Canadian […]
USD/CAD Open: 1.3542-46, Overnight Range: 1.3480-1.3556, Previous Close: 1.3498 WTI Oil open at $73.46 and gold open at $2,068.47. US markets are lower today. For today, USD resistance is at 1.3576. Support is at 1.3522. Bank of Canada meeting on Wednesday. Markets continue to assess Fed Powell’s comments. US dollar bounces off Friday’s lows. […]
USD/CAD Open: 1.3525-29, Overnight Range: 1.3518-1.3576, Previous Close: 1.3590 WTI Oil open at $76.21 and gold open at $2,043.66. US markets are higher today. For today, USD resistance is at 1.3507. Support is at 1.3486. Canadian employment data on tap. Opec deepens production cuts. US dollar consolidating recent losses ahead of Fed Chair Powell […]
USD/CAD Open: 1.3604-08, Overnight Range: 1.3541-1.3620, Previous Close: 1.3590 WTI Oil open at $79.44 and gold open at $2,038.35. US markets are mixed today. For today, USD resistance is at 1.3582. Support is at 1.3544. Inflation eases in Eurozone. Canada GDP is expected to be flat. US dollar opens with gains. The Canadian […]
USD/CAD Open: 1.3583-87, Overnight Range: 1.3541-1.3594, Previous Close: 1.3575 WTI Oil open at $77.46 and gold open at $2,037.65. US markets are mixed today. For today, USD resistance is at 1.3605. Support is at 1.3572. Markets expecting the Fed to pivot. RNBZ leaves rates unchanged, as expected. US dollar opens weaker compared to yesterday […]
Fed Speak and second tier data ahead. Equity rally takes a time out. US dollar was fragmented vs the majors-CAD outperformed. The Canadian dollar extended yesterday’s gains in an uneventful overnight session. There hasn’t been much in the way of market-moving economic data recently, other than the release of September Retail Sales. That data […]
USD/CAD Open: 1.3687-91, Overnight Range: 1.3681-1.3712, Previous Close: 1.3692 WTI Oil open at $76.75 and gold open at $1,996.02. US markets are mixed today. For today, USD resistance is at 1.3653. Support is at 1.3608. Canadian Retail Sales expected to have fallen 0.2% y/y in September. Unofficial “Black Friday” in US will lead to […]
USD/CAD Open: 1.3682-86, Overnight Range: 1.3651-1.3698, Previous Close: 1.3689 WTI Oil open at $76.38 and gold open at $1,993.70. US markets are higher today. For today, USD resistance is at 1.3700. Support is at 1.3693. BoC Governor declares rates have peaked-sort-of Slow trading day due to US Thanksgiving US dollar inches lower overnight, but […]
USD/CAD Open: 1.3703-08, Overnight Range: 1.3691-1.3729, Previous Close: 1.3702 WTI Oil open at $76.84 and gold open at $2,003.04. US markets are higher today. For today, USD resistance is at 1.3753. Support is at 1.3675. FOMC minutes reaffirmed that the Fed is “data dependent.” Trading activity will fade rapidly after the morning’s data dump. […]
USD/CAD Open: 1.3703-08, Overnight Range: 1.3700-1.3732, Previous Close: 1.3724 WTI Oil open at $77.57 and gold open at $1,988.77. US markets are lower today. For today, USD resistance is at 1.3730. Support is at 1.3667. Canadian inflation expected to have cooled in October. FOMC minutes due at 2:00 pm ET. US dollar opens mixed […]
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