CCY:USDCAD

Usd/cad Currency Pair News

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$1.39
+0.0050 (+0.364%)
At Close: Jun 03, 2026
USD/CAD holds below 1.3900 on dovish Fed bets, eyes on US PMI data
The Canadian Dollar has been under assault for the past three-weeks with USD/CAD ripping to key technical resistance at fresh 2024 highs. While the broader outlook remains constructive, immediate adva
Forex traders bet on dovish Fed after disappointing job market reports.
The Bank of Canada (BoC) lowered the target for the overnight rate by 25 basis points in July. A soft landing scenario for the Canadian economy is not a foregone conclusion, NBC FX analysts Stéfane M
The USD/CAD pair trades close to a nine-month high at 1.3890 in Friday's European session. The Loonie asset exhibits strength amid dismal market moods.
USDCAD began the month on a positive note, swiftly recovering from its recent setback and reaching an eight-month high of 1.3877, slightly above April's peak of 1.3844.
USD/CAD edges lower to near 1.3860 during the Asian session on Friday. However, the USD/CAD pair maintains its position near an eight-month high at 1.3889 recorded on Thursday.
The weaker-than-expected ISM Manufacturing PMI report did not put pressure on the American currency.
The USD/CAD pair falls back after a short-lived pullback move to near 1.3837 in Thursday's American session. The Loonie asset retreats as the US Dollar (USD) surrenders majority of its intraday gains
The USD/CAD pair attracts some dip-buyers on Thursday and moves away from a one-week trough, around the 1.3785 region touched the previous day. Spot prices currently trade around the 1.3815-1.3820 zon
USD/CAD remains weak near 1.3800 after Fed holds rate steady
Treasury yields are falling ahead of the Fed decision, which is bearish for the American currency.
The USD/CAD pair declines to near the round-level support of 1.3800 in Wednesday's New York session. The Loonie asset faces a sharp sell-off after the release of the weak United States (US) ADP Employ
USD/CAD extends its losses after retreating from an eight-month high of 1.3865 on Monday, trading around 1.3840 during the Asian session on Wednesday. The recovery in crude Oil prices is supporting th
There's considerable headline risk on the horizon and before the Bank of Japan announced their rate decision, another driver showed up during the recording of this webinar.
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