CCY:USDCAD

Usd/cad Currency Pair News

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$1.39
+0.0050 (+0.364%)
At Close: Jun 03, 2026
USD/CAD remains capped below 1.4000, eyes on US jobs data, Fedspeak
USD/CAD may continue to trade to fresh weekly lows as the RSI falls back from overbought territory.

USD/CAD: CPI has little impact – Scotiabank

08:30am, Wednesday, 20'th Nov 2024
The Canadian Dollar (CAD) has slipped back somewhat after gains met resistance in the mid-1.3950 area, as expected, Scotiabank's Chief FX Strategist Shaun Osborne notes.  
The USD/CAD pair holds ground after two days of losses, trading around 1.3970 during the European hours on Wednesday. The daily chart analysis indicates that the pair is trending upwards within an asc
The USD/CAD pair finds some support near the mid-1.3900s, or a one-week low touched during the Asian session on Wednesday and for now, seems to have stalled this week's retracement slide from the high
With a quiet macro calendar, we revisit USD/CAD and EUR/USD trade setups to evaluate what could happen next.
It's been a wild week in the US Dollar and there were some major drivers behind the drive. Next week brings fresh inflation data along with retail sales, and FOMC members are free to opine on rate pol
The better-than-expected Michigan Consumer Sentiment report provided support to the American currency.
The USD/CAD pair jumps above the key resistance of 1.3900 in Friday's North American session. The Loonie asset strengthens as the Canadian labor addition data for October came in weaker than expected

USD/CAD Eyes Canadian Jobs Report

06:49am, Friday, 08'th Nov 2024
The Canadian dollar has steadied on Friday after a roller-coaster week. In the European session, USD/CAD is trading at 1.3889 at the time of writing, up 0.22% on the day.
USDCAD has been developing above the 20-day simple moving average (SMA) since the bounce off the 1.3815 support level and is trying to regain ground.
The USD/CAD pair gains ground to near 1.3880 during the Asian trading session on Friday. On the daily chart, the analysis shows that the pair is consolidating within an ascending channel, suggesting a
USD/CAD holds steady above 1.3850 as Fed cuts its rates, eyes on Canadian employment report
USD/CAD still holds below the monthly high (1.3959) as the Federal Reserve delivers a dovish rate-cut.
Forex traders take some profits off the table after U.S. dollar's rally.
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