CADUSD=X - CAD/USD
| Previous Close | 0.741 |
| Open | 0.741 |
| Bid | 0.74 |
| Day's Range | 0.74 - 0.742 |
| 52 Week Range | 0.7284 - 0.7855 |
| Ask | 0.74 |
- FX Empire•14 hours ago
Forex Daily Recap – Bears Continued Throttling the EUR/USD Following Sparse German IFO Reports
The US Dollar Index touched the pinnacle near 97.85 levels on Euro plunge. EIA reported higher crude inventory data, dragging down the oil prices. The BoC decided to keep the interest rates unchanged. The Aussie pair stood on the back foot amid poor CPI figures.
- FX Empire•22 hours ago
USD/CAD Daily Price Forecast – The Loonie Hovering Near its Top Monthly Levels Ahead of BoC Monetary Report
The loonie pair recorded new monthly levels. The Crude Oil WTI Futures showed a moderate performance. The pair traded well above the 200-days significant SMA triggering a bull call. The US-Sino trade reported positive updates giving support to the growing loonie.
- FX Empire•2 days ago
Forex Daily Recap – The Green Money Reached 97.77 Peak Amid Strong March Home Sales Data
Along with the greenback upliftment, the primary rival (EUR/USD) which always benefits from a dollar plunge, dropped significantly. Crude WTI Futures traded at a new high near $66.60 per barrel elevating the commodity-linked CAD. USD/JPY lost 30 pips in a matter of a few minutes.
- FX Empire•2 days ago
USD/CAD Daily Price Forecast – Loonie Bears May Take Charge Amid Skyrocketing Crude Prices
During the early hours, the USD/CAD rallied benefitting on the back of greenback elevation. The pair had broken the 200-days SMA and traded above it, inviting more loonie bulls. Investors eye the upcoming Canadian Feb Wholesales figures and the US housing data reports.
Reuters•2 days agoCanadian dollar gains as oil climbs to near six-month high
The price of oil, one of Canada's major exports, rose to its highest since October on growing concern about tight global supplies after the United States announced a further clampdown on Iranian oil exports. U.S. crude oil futures settled 2.7% higher at $65.70 a barrel. "We all know how correlated the Canadian dollar is with crude oil," said Erik Bregar, head of FX strategy at the Exchange Bank of Canada.
- FX Empire•3 days ago
Forex Daily Recap – The Euro Bulls Took Advantage of Weak US Home Sales Data
The Market remained silent in the middle of insufficient economic data on Easter Monday. The Cable was down, still sustained near 1.1300 levels. Oil price upsurged on the news suggesting Iranian sanction waiver rejection, making the loonie pair tumble further.
- FX Empire•3 days ago
USD/CAD Daily Price Forecast – The Loonie Bears May Take the Call Post-release of the US Home Sales Data
On Monday, the Oil upsurge underpinned reports on Iran sanctions waiver rejection, pushed the commodity-linked pair downwards. The technicals also support the bearish trend for the USD/CAD.
- FX Empire•6 days ago
USD/CAD Daily Price Forecast – The Loonie Remained Subdued Near 1.3364/75 Levels Ahead of US Housing Data
The loonie bulls rose slightly amid rising crude prices. The USD/CAD stood well above the significant 200-days SMA developing a bullish outlook.
- FX Empire•6 days ago
Inflation Picks Up in Japan ahead of next week’s BoJ Monetary Policy Meeting
With the major financial markets closed for the day, volumes will be on the lighter side. U.S housing data will be the only numbers for the Dollar to respond to.
- FX Empire•7 days ago
Forex Daily Recap – A Great Day for the Greenback amid Astounding Retail Figures and EUR/USD Plunge
The AUD/USD enjoyed a 0.39 percent boost in the Asian session following strong employment data. The Cable underwent extended slump even in the absence of Brexit headlines.
- FX Empire•7 days ago
USD/CAD Daily Price Forecast – US Bulls May Override CAD Bulls Amid Higher Count of Positive-Expected US Reports Uplifting Loonie
This time, the CAD Retails numbers are expected to report positive data to the prior negative numbers. Loonie continued to remain subdued within the range of 1.3282/1.3402 levels since April 1.
- FX Empire•8 days ago
Forex Daily Recap – USD/CNY Marked the Month’s Lowest Vicinity Following Solid Chinese Data
The loonie touched the month low near 1.3272 levels amid influential Canadian CPI figures. GBP/USD doused in plunge as events came out below-expectation. This time, the EIA reported a negative US Crude Inventory data.
- FX Empire•8 days ago
USD/CAD Daily Price Forecast – Solid Chinese Oil Demand Pushed The Loonie Downwards Ahead Of CPI Data
The USD/CAD may find a way to recover previous losses post-release of the bearish-expected Canadian CPI Core data. The Major 200-day SMA stood above the pair inviting more loonie bears.
- FX Empire•8 days ago
Monetary Policy – Is Divergence Really Against the Greenback?
The Dollar’s on the back foot following stats out of China this morning. It may not last though if there’s a resolution to the trade war…
- FX Empire•8 days ago
The Kiwi and Aussie Dollar Part Ways, with China Data Supporting the EUR
China data was skewed to the positive. Whilst failing to spur the equity markets, the EUR and the Aussie Dollar benefited.
Reuters•8 days agoCanadian dollar climbs off 11-day low as oil prices rise
At 3:09 p.m. (1909 GMT), the Canadian dollar was trading 0.1% higher at 1.3352 to the greenback, or 74.90 U.S. cents. The price of oil, one of Canada's major exports, rose as fighting in Libya and falling Venezuelan and Iranian exports raised concerns over tightening global supply. U.S. crude oil futures settled 1% higher at $64.05 a barrel.
- FX Empire•9 days ago
Forex Daily Recap – Poor UK Unemployment Data Weighed Down The Cable
The EUR/USD showcased a seesawed performance during the day. AUD/USD plunged in the Asian session after the announcement of RBA’s dovish monetary comments. The loonie pair fell off to 1.3350 levels over weaker reports and crude upliftment.
- FX Empire•9 days ago
USD/CAD Daily Price Forecast – The Loonie Pair Clinched Near Its Two-Week Tops
Lowering Crude prices added the extra fuel to the loonie pair upsurge. Greenback anticipates the US March Industrial Numbers.
- FX Empire•9 days ago
Market Outlook: April 15-19, 2019
A new trading week brings new opportunities. Have you read “The Black Swan: The Impact of the Highly Improbable”? The main idea of the book is simple: we should be ready for unpredictable events.
- FX Empire•10 days ago
Forex Daily Recap – The Loonie Climbed A 85pips Within A Span Of Minutes Amid BoC’s Reports
The US-Sino trade concerns to end soon sets the market mood. Greenback rebounded losses on the backdrop of surprising NY April Empire State Manufacturing Index. GBP/USD steadies amid Brexit headlines.
- FX Empire•10 days ago
USD/CAD Daily Price Forecast – The Bears Dominate The Loonie
Crude Oil WTI Futures dropped to a five-day low price amid higher US Oil output growth. Upcoming US April NY Manufacturing Index and BoC’s Business Outlook may provide some support to the falling pair.
- FX Empire•13 days ago
Forex Daily Recap – USD/CNY Jumped Off Crag Underpinned Astounding Chinese Trade Figures
The greenback fell in the Asian session but was underway recovery in the latter half. Crude upshot invited the Ruble bulls. EUR/USD amassed weekly gains above 1.1300 levels.
- FX Empire•13 days ago
USD/CAD Daily Price Forecast – Loonie Tumbled With An Uptick In Crude
The pair continues to stay sustained in the range-bound area between 1.3285 and 1.3398 levels for the April month. More downside for USD/CAD is however anticipated with crude upliftment to come in Q2’19.
- FX Empire•14 days ago
Forex Daily Recap – Dollar Index Rebounded Previous Losses On The Back Of Strong US Reports
With the rise in the greenback, the plummet in the major rival currencies weighed against it was quite imminent. AUD/USD suffered substantial pullback during the day. GBP/USD seems to have already discounted the Flextension news.
