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: 1.3258-62, Overnight Range: 1.3187-1.3273, Previous Close: 1.3189 WTI Oil open at $81.36 and gold open at $1,957.06. US markets are mixed today. For today, USD resistance is at 1.3310. Support is at 1.3274. Risk sentiment sours after weak China PMI data. Eurozone unemployment rate inches lower. US dollar gains across the board-AUD […]
USD/CAD Open: 1.3225-29, Overnight Range: 1.3216-1.3261, Previous Close: 1.3253 WTI Oil open at $81.14 and gold open at $1,956.98. US markets are higher today. For today, USD resistance is at 1.3200. Support is at 1.3176. Oil prices rising on record demand. Month-end portfolio rebalancing flows weighing on US dollar. US dollar trading with a […]
USD/CAD Open: 1.3222-26, Overnight Range: 1.3221-1.3247, Previous Close: 1.3225 WTI Oil open at $79.89 and gold open at $1,952.25. US markets are higher today. For today, USD resistance is at 1.3247. Support is at 1.3209. Canada GDP expected to have risen 0.3% m/m in May. Bank of Japan surprises market by tweaking YCC. US […]
Fed hikes and repeats next move is “data dependent.” The Canadian dollar experience some volatility following the widely expected 25 basis points (bp) rate hike by the Fed. The Federal Open Market Committee (FOMC) raised the overnight rate to 5.50%, reaching a twenty-two-year peak, and issued a somewhat hawkish statement, hinting that further rate […]
USD/CAD Open: 1.3162-66, Overnight Range: 1.3149-1.3187, Previous Close: 1.3168 WTI Oil open at $78.65 and gold open at $1,957.25. US markets are higher today. For today, USD resistance is at 1.3181. Support is at 1.3163. China’s targeted stimulus boosts risk sentiment. Commodity prices gain on China news. US dollar opens little changed from close. […]
USD/CAD Open: 1.3162-66, Overnight Range: 1.3121-1.3171, Previous Close: 1.3164 WTI Oil open at $75.67 and gold open at $1,980.97. US markets are mixed today. For today, USD resistance is at 1.3183. Support is at 1.3165. US weekly jobless claims are better than expected. Sterling drops as trades reprice BoE rate hikes. US dollar continues […]
USD/CAD Open: 1.3192-96, Overnight Range: 1.3187-1.3211, Previous Close: 1.3200 WTI Oil open at $74.72 and gold open at $1,963.45. US markets are higher today. For today, USD resistance is at 1.3181. Support is at 1.3157. Canada CPI expected to fall to 3.0% y/y from 3.4% in May. US Retail Sales expected to rise 0.5% […]
USD/CAD Open: 1.3219-22, Overnight Range: 1.3207-1.3231, Previous Close: 1.3218 WTI Oil open at $74.07 and gold open at $1,958.55. US markets are higher today. For today, USD resistance is at 1.3206. Support is at 1.3164. Canadian dollar consolidates Friday’s losses. China Q2 GDP misses forecasts. US dollar opens the new week on a mixed […]
USD/CAD Open: 1.3116-20, Overnight Range: 1.3094-1.3137, Previous Close: 1.3110 WTI Oil open at $76.85 and gold open at $1,956.11. US markets are mixed today. For today, USD resistance is at 1.3250. Support is at 1.3197. Canadian dollar rising on negative USD sentiment. Higher oil prices support Canadian dollar gains. US dollar opens little changed […]
USD/CAD Open: 1.3156-60, Overnight Range: 1.3152-1.3193, Previous Close: 1.3187 WTI Oil open at $75.78 and gold open at $1,960.26. US markets are higher today. BoC hiked rates and issued a hawkish outlook. Weaker than expected US inflation data fuel broad US dollar sell-off. US dollar plunges across the board-CAD underperforms. The Canadian dollar rallied […]
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