USD/CAD
USD/CAD1.35558CAD
Today
-0.01%
1 Week
-0.16%
1 Month
-0.90%
6 Months
-0.08%
Year to Date
+2.47%
1 Year
+0.86%
Key Data Points
Opening Price
1.35508Previous Closing Price
1.3557USD/CAD Trading Strategy
Trading Strategy
Alternative scenario: the downside breakout of 1.3528 would call for 1.3500 and 1.3483.
Alternative scenario
the downside breakout of 1.3528 would call for 1.3500 and 1.3483.
Comment
rebound towards 1.3612.
USD/CAD News
Canadian Dollar gets a push from Fed cuts but still hobbled
The Canadian Dollar (CAD) remains overall weaker on Thursday, though the CAD was able to eke out a stronger stance against the Greenback, with the USD getting pummeled after the Federal Reserve (Fed) cut interest rates for the first time in four years by an outsized 50 bps.
USD/CAD: CAD holds range for now – Scotiabank
The FOMC decision failed to shake the CAD out of its broad range.
USD/CAD Price Forecast: Hanging Man reversal candlestick might signal important pivot
USD/CAD is falling on Thursday, trading almost half a percentage point lower on the day, and forming a long red candlestick (see chart below).
USD/CAD Price Forecast: Falls to near 1.3550 after breaking below the ascending channel
USD/CAD trades around 1.3550 during Thursday’s European hours.
USD/CAD trades with mild gains above 1.3600, Fed cuts rates for first time in four years
The USD/CAD pair posts modest gains around 1.3605 during the early Asian session on Thursday.
USD/CAD: Holds the established range in upper 1.35s – Scotiabank
The Canadian Dollar (CAD) is trading just below the 1.36 mark as traders await the Fed, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
