USD CAD News & Analysis

The USD/CAD pair posts a fresh four-year high near the round-level resistance of 1.4200 in Tuesday’s European session.

The USD/CAD pair touches a fresh high since April 2020 during the Asian session on Tuesday, though it lacks follow-through buying and remains below the 1.4200 round-figure mark.

The USD/CAD pair extends its upside to near 1.4170 on the firmer US Dollar (USD) and higher US yields during the early Asian session on Tuesday.

The US Dollar’s rally has been rejected again at the 1.4180 level and the Canadian Dollar is trimming some losses on Monday.

The USD/CAD pair extends the rally to around 1.4170 during the early European session on Monday.

The USD/CAD pair advances to near the round-level resistance of 1.4100 after the release of the labor market data for November from both economies: the United States (US) and Canada.

The USD/CAD pair gains to near 1.4040 in European trading hours on Friday.

The USD/CAD pair trades in negative territory around 1.4020 during the early Asian session on Friday.

The USD/CAD pair struggles to capitalize on its weekly gains registered over the past three days and attracts some sellers during the first half of the European session on Thursday.

The USD/CAD pair edges higher to near 1.4075 during the early Asian session on Thursday.

The USD/CAD pair extends its winning streak for the third trading day on Wednesday.

The USD/CAD pair struggles to capitalize on its gains registered over the past two days and oscillates in a range, around the 1.4070 area during the Asian session on Wednesday.

The USD/CAD pair extends the previous day’s late pullback from the vicinity of the 1.4100 mark and continues losing ground through the first half of the European session on Tuesday.

The USD/CAD pair trades flat near 1.4045 during the early Asian session on Tuesday.

The USD/CAD pair regains strong positive traction at the start of a new week and climbs to the 1.4040 area during the Asian session, snapping a three-day losing streak amid a goodish pickup in the US Dollar (USD) demand.

The USD/CAD pair rebounds after posting a fresh three-day low near 1.3980 in Friday’s North American session.

The USD/CAD pair discovers some support near 1.3980 in Friday’s European session.

The USD/CAD pair extends its downside to near 1.4010 during the early Asian session on Friday, pressured by the weakening of the US Dollar (USD) after the holiday-thinned market.

The USD/CAD pair falls to near the psychological support of 1.4000 in European trading hours on Thursday despite a decent recovery move in the US Dollar (USD).

The USD/CAD pair remains on the defensive for the second straight day on Thursday, albeit it manages to hold above the 1.4000 psychological mark through the Asian session.

The USD/CAD pair edges lower to near 1.4025 during the early Asian session on Thursday.

The USD/CAD pair ticks down as the US Dollar (USD) extends its downside but remains broadly sideways around 1.4050 after the release of a slew of mid-tier United States (US) economic data.

Spot is little changed on the day as the Canadian Dollar (CAD) consolidates.

The USD/CAD pair attracts some dip-buyers following the previous day’s pullback from the highest level since April 2020 and trades around the 1.4070 region during the Asian session on Wednesday.

The USD/CAD pair trades with mild losses around 1.4055 during the early Asian session on Wednesday.

USD/CAD trades in the 1.4080s on Tuesday, after rising three quarters of a percent on the day.

USD/CAD snapped higher through the upper 1.41 area in response to Trump’s tariff comments last night but the CAD has stabilized through Asian and European to trade back around the 1.41 level, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

USD/CAD extends its winning streak for the third consecutive session, rising more than 1% to 1.4178, a level not seen since April 2020.

The USD/CAD pair continues to climb, trading near 1.4110 during Tuesday’s Asian session, marking levels last seen in April 2020.

The USD/CAD pair trades with mild gains near 1.3990 during the early Asian session on Tuesday.

The USD/CAD pair attracts some dip-buying near the 1.3925 area, or a two-week low touched earlier this Monday and climbs to a fresh daily peak during the first half of the European session.

The USD/CAD pair drifts lower to around 1.3945 during the Asian session on Monday.

The USD/CAD pair surrenders its entire intraday gains and ticks down as the Canadian Retail Sales data grew steadily in September and the US Dollar (USD) gives up a majority of its intraday gains after refreshing a two-year high.

USD/CAD got caught in the crossfire of the hefty US Dollar (USD) advance against the European currencies earlier, rising quickly from the mid/upper 1.39s to an intraday high near 1.4020.

The USD/CAD pair edges higher during the Asian session on Friday, albeit it lacks follow-through buying and remains below the 1.4000 psychological mark amid mixed cues.

The USD/CAD pair trades with mild gains around 1.3975 during the early Asian session on Friday.

The USD/CAD pair ticks down but holds the immediate support of 1.3950 in Thursday’s North American session.

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

USD/CAD retraces its recent gains from the previous day as the commodity-linked Canadian Dollar (CAD) receives support from the improved crude Oil prices amid rising fears of supply disruption amid geopolitical tensions.

The USD/CAD pair trades on a softer note around 1.3970 amid the modest decline in the Greenback during the early Asian session on Thursday.

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 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 highest level since May 2020.

The USD/CAD pair trades with mild losses around 1.3955 during the early Asian session on Wednesday.

USD/CAD has reached our end of year target of 1.40 and we fully expect the pair to reach the 1.42 level we highlighted for Q1, Rabobank’s FX analysts Molly Schwartz and Christian Lawrence note.

The USD/CAD pair falls sharply after the release of the hotter-than-expected Canadian Consumer Price Index (CPI) report for October.

The USD/CAD pair finds some support near the 1.4000 psychological mark on Tuesday and for now, seems to have stalled its retracement slide from the highest level since May 2020.

The USD/CAD pair trades in positive territory near 1.4020 on Tuesday during the Asian trading hours.

The Canadian Dollar (CAD) is little changed to start the week.

USD/CAD stays firm near 1.4100 as the US Dollar performs strongly across the board.