Canada markets closed

USD/CAD (CAD=X)

CCY - CCY Delayed Price. Currency in CAD
Add to watchlist
1.2368-0.0099 (-0.79%)
As of 11:58PM BST. Market open.
Full screen
Previous Close1.2467
Open1.2360
Bid1.2367
Day's Range1.2355 - 1.2368
52 Week Range1.2008 - 1.3715
Ask1.2369
  • Canadian dollar rebounds from 8-week low as oil jumps
    Reuters

    Canadian dollar rebounds from 8-week low as oil jumps

    The Canadian dollar notched its biggest gain in nearly seven weeks against the greenback on Monday, as oil soared and the Federal Reserve's more hawkish guidance supported expectations for Bank of Canada interest rate hikes. Oil, one of Canada's major exports, was boosted by a pause in talks to end U.S. sanctions on Iranian crude. U.S. crude oil futures settled up 2.8% at $73.66 a barrel, while the Canadian dollar was trading 0.9% higher at 1.2357 to the greenback, or 80.93 U.S. cents.

  • Canadian dollar falls for fourth week on Fed 'shock waves'
    Reuters

    Canadian dollar falls for fourth week on Fed 'shock waves'

    The Canadian dollar weakened to its lowest level in nearly eight weeks against the greenback on Friday and posted its biggest weekly decline since March last year, as the Federal Reserve's more hawkish stance led to short-covering of U.S. dollars. For the week, it was down 2%, after ending lower in the three previous weeks. "We have seen some pretty material short-dollar positions in the market and we have seen traders rushing in to cover those shorts," said Andrew Cherry, head of global markets, HSBC Bank Canada.