USD CAD News & Analysis

USD/CAD holds its position near 1.3890 during the Asian trading hours on Tuesday, close to its three-month high of 1.3908, recorded on Monday.

The USD/CAD pair moved higher on Monday as positive sentiment toward the US Dollar prevailed.

The US Dollar is wavering below the 1.3900 level on Monday’s European morning session.

The Canadian Dollar (CAD) is trading little changed on the day, with spot ignoring the sharp drop in crude prices—rather surprisingly, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

The USD/CAD pair trades with mild losses around 1.3885 on Monday during the early European trading hours.

The USD/CAD pair continues its winning streak, rising for the fourth consecutive day and trading around 1.3900 during the Asian session on Monday.

The Canadian Dollar (CAD) is little changed on the session.

The USD/CAD pair turns sideways in Friday’s European session after posting a fresh 11-week high at 1.3870 on Thursday.

The USD/CAD pair edges lower during the Asian session on Thursday and moves away from its highest level since August 5, around the 1.3860-1.3865 zone touched the previous day.

The USD/CAD pair remains firm near 1.3850 as the Bank of Canada (BoC) has reduced its key borrowing rates by 50 basis points (bps) to 3.75%.

The Canadian Dollar (CAD) is holding relatively steady against the strong USD ahead of the Bank of Canada policy decision and MPR at 9.45ET.

The USD/CAD pair attracts some dip-buyers following the previous day’s modest slide and sticks to its positive bias around the 1.3825 region through the first half of the European session on Wednesday.

The USD/CAD pair moves sideways, trading around 1.3820 during the Asian session on Wednesday, as traders await the Bank of Canada (BoC) interest rate decision later in the North American session.

The Canadian Dollar (CAD) has had a minor reprieve this morning as it holds little changed on the session but some 20 ticks above yesterday’s low against the USD in the mid-1.38s, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

The USD/CAD pair consolidates in a tight range above the round-level support of 1.3800 in Tuesday’s European session.

The USD/CAD pair oscillates in a narrow band around the 1.3830 region during the Asian session on Tuesday and remains well within the striking distance of its highest level since August 6 touched the previous day.

The Canadian Dollar (CAD) is one of the better-performing currencies on the session when looking at overall ground lost versus the USD on the session but it is trading at session lows against the USD as our trading day gears up, Scotiabank’s Chief FX S…

The USD/CAD pair extends its winning spree for the third trading session on Monday.

USD/CAD continues to gain ground as the Canadian Dollar (CAD) receives downward pressure ahead of the Bank of Canada (BoC) interest rate decision scheduled for Wednesday.