Canada Markets closed

USD/USD (USD=X)

CCY - CCY Delayed Price. Currency in USD
Add to watchlist
1.00000.0000 (0.0000%)
As of 10:00PM GMT. Market open.
Full screen
Loading interactive chart...
  • Reuters

    Canadian dollar weakens as BoC foregoes rate hike

    The Canadian dollar fell against its broadly stronger U.S. counterpart on Wednesday as the Bank of Canada surprised some investors by leaving interest rates on hold, offsetting support for the currency from higher oil prices. The Bank of Canada will soon start hiking interest rates from record lows to combat inflation, Governor Tiff Macklem said, after the central bank left its policy rate at a record low of 0.25%. "The disappointment from the Bank of Canada will quickly fade while the tailwind from oil is significantly growing," said Adam Button, chief currency analyst at ForexLive.

  • Reuters

    CANADA FX DEBT-Canadian dollar weakens as BoC foregoes rate hike

    The Bank of Canada will soon start hiking interest rates from record lows to combat inflation, Governor Tiff Macklem said, after the central bank left its policy rate at a record low of 0.25%. "The disappointment from the Bank of Canada will quickly fade while the tailwind from oil is significantly growing," said Adam Button, chief currency analyst at ForexLive.

  • Bloomberg

    Dollar Nears 2022 High as Powell Says Fed Set for March Liftoff

    (Bloomberg) -- The dollar rallied back near its 2022 high following comments from Federal Reserve Chair Jerome Powell, who signaled that the central bank is ready to raise interest rates at its next meeting in March.Most Read from BloombergA Nor’easter Approaching New York Risks Becoming a Bomb CycloneMark Zuckerberg’s Stablecoin Ambitions Unravel With Diem Sale TalksStocks Drop, Yields Jump on Hawkish Powell Signals: Markets WrapAstronomers Spot Never-Before Seen Object at 4,000 Light-Years Awa