CAD/USD (CADUSD=X)
| Previous Close | 0.7768 |
| Open | 0.7768 |
| Bid | 0.7762 |
| Day's Range | 0.7712 - 0.7774 |
| 52 Week Range | 0.7646 - 0.8137 |
| Ask | 0.7762 |
- FX Empire
USD/CAD Price Forecast – Canadian Dollar Is Losing Ground
U.S. dollar moved higher ahead of the long weekend as demand for safe-haven assets increased.
- FX Empire
USD/CAD Price Prediction – Test Of Support At 1.2830
USD/CAD managed to settle below the support at the 20 EMA as oil markets tested weekly highs.
- Reuters
Canadian dollar climbs to 2-week high as China eases COVID curbs
The Canadian dollar strengthened for a third straight day against its U.S. counterpart on Tuesday as the easing of COVID-19 restrictions in China bolstered investor sentiment. Global shares were higher and the price of oil, one of Canada's major exports, rose following China's decision to ease some quarantine requirements for international arrivals, a move that raised hopes for stronger growth and a revival in demand for commodities. U.S. crude prices advanced 1.3% to $110.98 a barrel, while the Canadian dollar was trading 0.3% higher at 1.2844 to the greenback, or 77.86 U.S. cents.
