USDCAD Rises 0.14% on Modest USD Strength, Traders Watch Macro Drivers
USDCAD rose 0.14%, signaling modest USD strength versus the Canadian dollar and limited short-term momentum.
Market context
Usdcad Pair news
Follow the story. See which markets it affects. Explore the context.
Latest coverage
Recently added · Page 1USDCAD Soars After BoC 25bp Cut Signals Durable Easing
The Bank of Canada cut its policy rate 25bp to 2.5% and signalled a durable easing campaign after weaker GDP, collapsing exports and rising unemployment, pushing the Canadian dollar past 1.375 per US…
USDCAD Tumbles as USD Weakness and Oil Surge Boost Loonie Ahead of BoC Cut
The Canadian dollar rose to a two-week high as broad U.S. dollar weakness and a rise in oil supported the loonie; Canada's inflation stayed below forecasts, reinforcing market bets on a BoC rate cut …