US Dollar / Canadian Dollar

Canadian Dollar rises to seven-week high as markets digest US election results

The Canadian Dollar (CAD) gains around 0.50% against the US Dollar (USD) on Wednesday, pushing USD/CAD to seven-week lows as the Greenback faces fresh selling pressure following the US midterm election results. At the time of writing, the…

Buy the Canadian Dollar as Democrats Sweep the House and Senate

Euro holds gains against Canadian Dollar ahead of Eurozone HICP inflation data

Germany’s final HCOB Services PMI improved to 52.5 in October, from the previous reading of 51.7. Composite PMI rose to 53.4 from 52.8 prior. Meanwhile, Eurozone Services PMI eased to 51.4 from 51.7 prior, and Composite PMI declined to…

Canadian Dollar eyes mid-September highs vs broadly weaker USD as traders await US data

The USD/CAD pair comes under renewed selling pressure on Wednesday, reversing modest weekly gains registered over the past two days amid a broad-based US Dollar (USD) weakness. Spot prices slide to the 1.3955 region during the early part…

USDCAD Comes Under Renewed Negative Pressure – Analysis –04-11-2026

Economies.com USDCAD Comes Under Renewed Negative Pressure – Analysis –04-11-2026 USDCAD declined in its latest intraday trading after encountering resistance at EMA50, which exposed the pair to negative pressure and forced it to r

Canadian Dollar Hits Over Two-Month High

The Canadian dollar strengthened sharply to 1.39 per USD in November, reaching a more than two-month high as the greenback retreated broadly following Democratic victories in the US midterm elections. The results prompted investors to…

Canadian Dollar Strengthens as Yields, Oil Pressure USD

USD/CAD is giving back ground after two days of advances, trading near 1.3970 during Asian hours on Wednesday. The move lower in the pair coincides with broad US Dollar (USD) weakness and falling US Treasury yields across maturities. The…

Canadian dollar hits seven-week high on US elections result

Published on 11/04/2026 at 12:54 pm EST TORONTO, Nov 4 (Reuters) - The Canadian dollar strengthened to a seven-week high against its US counterpart on Wednesday as Canada's trade surplus widened and after a sweeping victory by Democrats in…

Canadian dollar pulls back from six-week high ahead of key jobs data

Published on 11/03/2026 at 03:44 pm EST TORONTO, Nov 3 (Reuters) - The Canadian dollar extended its pullback from a six-week high against the US dollar on Tuesday, as oil prices fell and ahead of domestic jobs data later in the week that…

Canadian Dollar Set for A Pause After October's Strong Rally, Modest Gains in 2027, MUFG Says

Published on 11/02/2026 at 11:59 am EST Bank of Canada Unlikely to Begin Sustained Rate Hike Cycle Amid Economic Weakness: Rosenberg Research November 02, 2026 at 11:07 am EST Flat August GDP Complicates Bank of Canada's Rate Hike Case,…