USD/CAD (CAD=X)
| Previous Close | 1.2544 |
| Open | 1.2543 |
| Bid | 1.2580 |
| Day's Range | 1.2534 - 1.2595 |
| 52 Week Range | 1.2008 - 1.3458 |
| Ask | 1.2581 |
- Reuters
Canadian dollar dips as risk appetite turns more cautious
The Canadian dollar edged lower against its U.S. counterpart on Tuesday, as a sell-off in China's stock market weighed on sentiment and a record low for U.S. bond yields after adjusting for inflation signaled worries about the economic outlook. World stocks fell after investors sold Chinese internet giants for a third straight day, while real U.S. bond yields declined ahead of a Federal Reserve interest rate decision on Wednesday, with some investors betting that the pace of global economic recovery has peaked.
- FX Empire
Economic Data from the U.S to Put the Dollar in the Spotlight
It’s a quiet day ahead on the economic calendar. U.S consumer confidence and core durable goods orders will draw attention later in the day, however.
- FX Empire
USD/CAD: Loonie Gains as U.S. Dollar Retreats, Likely to Remain Volatile Ahead of Fed Meeting
The Canadian dollar strengthened against the U.S. dollar in early trade Monday as weaker greenback supported the commodity currency; however, it will likely remain volatile ahead of the Fed monetary policy decision this week.
