CCY:USDCAD

Usd/cad Currency Pair News

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$1.39
+0.0017 (+0.120%)
At Close: Jun 04, 2026
The USD/CAD pair recovers some lost ground to around 1.3580 during the early Asian session on Tuesday. The US Dollar strengthens against the Canadian Dollar (CAD) as investors monitor the conflict bet
Demand for safe-haven dollar declined despite tensions in the Middle East.
Sr. Technical Strategist Michael Boutros highlights the levels that matter on the USD Majors, commodities & stocks into the weekly open.
USD/CAD bears have remained in control and as we walk into the Wednesday Fed meeting, the pair remains one of the more attractive venues for USD weakness scenarios.
The USD/CAD recovery attempt seen during Monday's early trade has failed to find acceptance above 1.3600. The pair retraced gains afterwards, weighed by broad-based US Dollar weakness, and is approach
Traders ramped up bearish bets on the US dollar, pushing net-short exposure to record levels. Meanwhile, AUD saw renewed short interest, while CAD and EUR gained favour among large speculators.
USD/CAD is trading around 1.3600 during the Asian hours on Monday after rebounding from eight-month low of 1.3566, which was recorded on June 13. The pair gains ground as the commodity-linked Canadian

USD/CAD Weekly Outlook

07:14am, Saturday, 14'th Jun 2025
USD/CAD's fall from 1.4791 continued last week and broke 61.8% projection of 1.4414 to 1.3749 from 1.4014 at 1.3603. There is no sign of bottoming yet, and initial bias stays on the downside this week
The Canadian Dollar (CAD) is trading higher against the US Dollar (USD) in the American session on Friday, with the Loonie erasing gains from earlier sessions.
Demand for safe-haven assets increased after Israel attacked Iran's nuclear-related facilities, but traders have already started to sell the dollar.
USD/CAD extends the slump from earlier this week to push the Relative Strength Index (RSI) into oversold territory.

CAD soft vs. USD but performing well vs.

07:49am, Friday, 13'th Jun 2025
The Canadian Dollar (CAD) is trading marginally lower vs. the US Dollar (USD) while performing well against most of the G10 currencies, its performance insulated by the Canadian dollar's relationship
The US Dollar (USD) is strengthening broadly on the back of geopolitical tensions as market participants respond to news of Israeli airstrikes launched against Iran, Scotiabank's Chief FX Strategist S
The US Dollar rallied on early trade on Friday, boosted by the risk-averse reaction to Israel's attack on Iran, but was capped at 1.3660 before returning to levels close to 1.3600 as the escalating Oi
The USD/CAD pair stages a modest recovery from sub-1.3600 levels, or its lowest level since October 2024 touched during the Asian session on Friday and reverses a major part of the previous day's loss
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