USD to CAD Exchange Rate

Upcoming Events for USD and CAD

		Event	Prev.	Cons.
7h 9m Low	CAD	PPI MoM (Oct)	-0.6%	0.3%
7h 9m Low	CAD	PPI YoY (Oct)	-0.9%	0.1%
7h 9m Low	CAD	Raw Materials Prices MoM (Oct)	-3.1%	-1.5%
7h 9m Low	CAD	Raw Materials Prices YoY (Oct)	-8.8%	-2.3%
7h 9m High	USD	Continuing Jobless Claims (Nov/09)	1873K	1870K
7h 9m High	USD	Jobless Claims 4-week Average (Nov/16)	221K	222K
7h 9m High	USD	Initial Jobless Claims (Nov/16)	217K	220K
7h 9m Low	USD	Philly Fed Prices Paid (Nov)	29.7
7h 9m Med	USD	Philadelphia Fed Manufacturing Index (Nov)	10.3	8
7h 9m Low	USD	Philly Fed Business Conditions (Nov)	36.7

FRB and BOC Interest Rates

Country	Central Bank	Current Rate	Previous Rate	Next Meeting
United States	Federal Reserve	4.75%	5.0%	27 days
Canada	Bank of Canada	3.75%	4.25%	20 days

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Wednesday, as the crude oil prices rose amid concerns about escalating tensions between the U.S. and Russia over the war in Ukraine after Russian President Vladimir Putin updated the nuclear doctrine.

RTTNews | 1 day ago

Commodity Currencies Rise Against Majors

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Wednesday.

RTTNews | 1 day ago

Canadian Dollar Climbs As Inflation Accelerates

The Canadian dollar strengthened against its major counterparts in the New York session on Tuesday, following the release of hotter-than-expected inflation data for October.

RTTNews | 1 day ago

U.S. Housing Starts Tumble 3.1% In October, More Than Expected

New residential construction in the U.S. tumbled by more than expected in the month of October, according to a report released by the Commerce Department on Tuesday. The report said housing starts dove by 3.1 percent to an annual rate of 1.311 million in October after slumping by 1.9 percent to a revised rate of 1.353 million in September.

RTTNews | 1 day ago

Analysis for USDCAD

USDCAD: What’s next after a four-year high?

USDCAD snaps long-term range above 1.4000. Bulls may take a breather; overall outlook remains bullish.

XM Group | 5 days ago

Canadian Dollar Faces Mounting Pressure Amid U.S. Economic Strength and Rising Yield Gaps

The Canadian dollar (CAD) has recently come under pressure, sliding to a nearly three-month low against the U.S. dollar (USD). This depreciation is primarily driven by a widening gap between Canadian and U.S. short-term interest rates, a disparity that has reached levels distinctly favouring the USD.

ACY Securities | 16 days ago

Week Ahead Anticipate Volatility from U.S. Elections and FOMC Meeting

The markets are on edge with the impending U.S. presidential election and FOMC meeting. These events are major drivers of potential volatility, especially across FX markets and interest rate-sensitive sectors, as traders and investors await critical decisions and possible shifts in economic policy. Let’s break down the anticipated impacts of each factor.

ACY Securities | 16 days ago