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CCY - CCY Delayed Price. Currency in USD
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0.7360+0.0005 (+0.0699%)
At close: 05:21AM GMT
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Previous Close0.7355
Day's Range0.7360 - 0.7360
52 Week Range0.7199 - 0.7639
  • FX Empire

    Loonie Struggling Amid Weaker GDP and a Cautious BoC

    The Canadian dollar has declined against the greenback this week as the Bank of Canada kept rates on hold at 5%.

  • Reuters

    Canadian dollar forecasts turn less bullish as BoC rate cuts eyed: Reuters poll

    Analysts see less upside for the Canadian dollar than previously thought over the coming year as recent data showing a slowdown in the domestic economy brings forward the expected start of Bank of Canada interest rate cuts, a Reuters poll found. The median forecast of 35 foreign exchange analysts surveyed in the Dec. 1-5 poll was for the Canadian dollar to strengthen 0.4% to 1.3533 per U.S. dollar, or 73.89 U.S. cents, in three months, compared with 1.3450 in a November poll. "Our view is the Canadian dollar is going to face a difficult next three months as the data starts to look like the Canadian economy is teetering on the edge of recession if not in a mild recession," said Simon Harvey, head of FX analysis for Monex Europe and Monex Canada.

  • FX Empire

    What To Expect From The Bank Of Canada’s Next Interest Rate Announcement

    The Bank of Canada (BoC) is set to release its final interest rate report on 6 December, marking the eighth interest rate announcement this year. The rate is expected to remain at the current level.