CCY:USDCAD

Usd/cad Currency Pair News

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At Close: Jul 31, 2026
The Fed meeting went pretty much as expected, with rates on hold and the central bank unwilling to signal any cuts. GDP data for Q4 is released later, which would be surprising if it is anything less
WTI crude oil remains under pressure, while natural gas has reached its target support and shows signs of a potential rebound.
The USD/CAD pair pauses its three-day winning streak, hovering around 1.4410 during Thursday's Asian session. On the daily chart, the pair continues to trade within an ascending channel, indicating a
USD/CAD holds positive ground above 1.4400 as Fed holds rates steady
On January 29, 2025, the Bank of Canada (BoC) cut its interest rate by 25 basis points, bringing it to 3%. This decision, the sixth consecutive reduction, stems from a weak economy and persistently lo
USD/CAD seems to be unfazed by the Bank of Canada (BoC) rate cut as it consolidates ahead of the Federal Reserve interest rate decision.
Analysts expect that Fed will leave the rate unchanged.

USD/CAD reaches six-day high as BoC cut rates

10:08am, Wednesday, 29'th Jan 2025
The USD/CAD hit a six-day high of 1.4470 after the Bank of Canada (BoC) cut rates by 25 basis points from 3.25% to 3%, as economists widely expected. However, as market participants digest the BoC's m
USD/CAD has evolved within a brief pause after facing interim resistance near 1.4470/1.4515, Societe Générale's FX analysts report.
USD/CAD gains ground for the third consecutive day, trading around 1.4420 during the European hours on Wednesday. The pair may further appreciate as the US Dollar (USD) receives support from the Feder
The USD/CAD pair maintains its position after two consecutive days of gains, trading close to 1.4400 during the Asian session on Wednesday. On the daily chart, the pair is within an ascending channel,
USD/CAD holds positive ground near 1.4400 ahead of BoC, Fed rate decisions
Donald Trump's threat to impose universal tariffs that would be “much bigger” than 2.5% provided significant support to the American currency.
The USD/CAD pair regains positive traction on Tuesday and climbs to over a one-week high, around the 1.4415 region, during the first half of the European session. Spot prices, however, remain confined
The USD/CAD pair extends its gains for the second consecutive session, trading near 1.4400 during Tuesday's Asian session. On the daily chart, the pair remains within an ascending channel, highlightin
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