CAD

USD/CAD edges higher after three days of losses, trading around 1.4010 during the Asian hours on Wednesday. The pair appreciates as the US Dollar (USD) gains support from the ongoing process to reopen the United States (US) government. Traders will likely observe the upcoming speeches from Federal Reserve (Fed) officials, including Christopher Waller, Raphael Bostic, and Stephen […]

The USD/CAD pair is attracting market attention today, showing noticeable volatility. Currently, the pair is trading around 1.4013, reflecting the Canadian dollar’s strengthening against the US dollar in recent days. Fluctuations in this pair mirror the current sentiment in both countries’ economies as well as developments in global markets. The exchange rate dynamics result from a […]

The USD/CAD pair trades 0.12% lower to near 1.4030 during the Asian trading session on Monday. The Loonie pair faces selling pressure as the Canadian Dollar (CAD) broadly outperforms its peers, except antipodeans, following the release of the upbeat Canada labour market data for October on Friday. Canadian Dollar Price Today The table below shows the percentage […]

USD/CAD continues its winning streak that began on October 30, trading around 1.4120 during the Asian hours on Friday. The pair remains near the six-month high of 1.4140, reached on November 5, as the US Dollar (USD) rebounds after posting losses in the previous session. Traders will likely observe the preliminary Michigan Consumer Sentiment Index data […]

USD/CAD remains steady after two days of gains, trading around 1.4010 during the Asian hours on Monday. The pair struggles as the Canadian Dollar (CAD) gains ground on higher Oil prices. It is important to note that Canada is the largest crude exporter to the United States (US). West Texas Intermediate (WTI) Oil price holds gain […]

The US Dollar trades higher against its Canadian counterpart for the second consecutive day on Friday, returning to levels right above the 1.4000 psychological level to retrace losses from previous days, and trading practically flat on the weekly chart. The Hawkish comments by Federal Reserve (Fed) Chairman Jerome Powell and a. moderate risk aversion are buoying the Greenback against […]

USD/CAD remains steady after registering gains in the previous session, trading around 1.3980 during the Asian hours on Friday. The pair appreciated as the US Dollar (USD) received support after Federal Reserve (Fed) Chair Jerome Powell’s comments lowered expectations for further interest rate cuts. The US Fed delivered a 25-basis-point rate cut on Wednesday, lowering its benchmark rate […]

The US Dollar is regaining lost ground against the Loonie, amid broader Greenback strength as markets ponder the scope of the Sino-US trade deal. The pair bounced from one-month lows near 1.3880 on Wednesday and is extending gains to test Wednesday’s high, at 1.3954, which, so far, keeps holding bulls. US President Donald Trump and […]