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USD/CAD (CAD=X)

CCY - CCY Delayed Price. Currency in CAD
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1.3403+0.0088 (+0.6647%)
At close: 05:00AM GMT
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Previous close1.3315
Open1.3392
Bid1.3403
Day's range1.3392 - 1.3403
52-week range1.2401 - 1.3970
Ask1.3409
  • FX Empire

    Federal Reserve and NFP – A Busy Week Ahead for Traders

    It’s all happening for investors and traders this week, with a plethora of significant news releases out around the world.

  • Reuters

    Canadian dollar to rebound in 2023 if economic uncertainty clears: Reuters poll

    Canada's dollar will rally this year, but much of the upswing will have to wait until a period of uncertainty passes for the domestic and global economies following aggressive tightening by central banks in 2022, a Reuters poll forecast. The loonie will edge 0.6% higher to 1.35 per U.S. dollar, or 74.07 U.S. cents, in three months, according to the median forecast of currency analysts. "We expect to see some mild CAD weakness in the first half of 2023 ... as last year's rate hikes work their way through the economy and lead to a mild recession," said George Davis, chief technical strategist at RBC Capital Markets.

  • Reuters

    Canadian dollar slides as U.S. data spooks investors

    The Canadian dollar weakened against its U.S. counterpart on Thursday, pulling back from a one-month high, as investors worried about the Federal Reserve's policy outlook and data showed Canada's trade balance swinging to a deficit. The loonie was trading 0.7% lower at 1.3565 to the greenback, or 73.72 U.S. cents, after touching its strongest intraday level since Dec. 5 at 1.3467. Wall Street's main indexes fell and the U.S. dollar rallied against a basket of major currencies as fresh evidence of a tight labor market and hawkish comments from Fed policymakers deepened fears of elevated interest rates for longer than expected.