USD to CAD Exchange Rate

Upcoming Events for USD and CAD

		Event	Prev.	Cons.
3h 22m Low	USD	Manufacturing Payrolls (Apr)	0K	5K
3h 22m Med	USD	Average Hourly Earnings MoM (Apr)	0.3%	0.3%
3h 22m Med	USD	Participation Rate (Apr)	62.7%	62.7%
3h 22m Low	USD	Average Weekly Hours (Apr)	34.4	34.4
3h 22m High	USD	U-6 Unemployment Rate	7.3%	7.3%
3h 22m Med	USD	Average Hourly Earnings YoY	4.1%	4%
3h 22m Low	USD	Government Payrolls (Apr)	71K	63K
3h 22m High	USD	Non Farm Payrolls (Apr)	303K	243K
3h 22m High	USD	Unemployment Rate (Apr)	3.8%	3.8%
3h 22m High	USD	Nonfarm Payrolls Private (Apr)	232K	190K

FRB and BOC Interest Rates

Country	Central Bank	Current Rate	Previous Rate	Next Meeting
United States	Federal Reserve	5.5%	5.5%	40 days
Canada	Bank of Canada	5.0%	5.0%	33 days

The U.S. dollar weakened against other major currencies in the Asian session on Friday amid risk appetite, as traders had expressed some concerns the U.S. Fed's next monetary policy move could actually be an interest rate hike rather than a cut, but Fed Chair Jerome Powell post-meeting alleviated those worries. Powell said the next rate move from the central bank will most likely be an interest rate reduction.

RTTNews | 6h 16min ago

U.S. Dollar Falls Against Majors

The U.S. dollar weakened against other major currencies in the Asian session on Friday.

RTTNews | 7h 7min ago

Canadian Dollar Rises Against U.S. Dollar, Euro

The Canadian dollar moved up against the U.S. dollar and the euro in the New York session on Thursday.

RTTNews | 20h 9min ago

U.S. Factory Orders Surge In Line With Estimates In March

New orders for U.S. manufactured goods surged in line with economist estimates in the month of March, according to a report released by the Commerce Department on Thursday. The Commerce Department said factory orders shot up by 1.6 percent in March after jumping by a downwardly revised 1.2 percent in February.

RTTNews | 22h 18min ago

Analysis for USDCAD

USDCAD puts rally on hold near 1.3800 caution zone

USDCAD pauses aggressive bull run near five-month high. Faces resistance around 1.3800, but remains supported above 1.3690.

XM Group | 13 days ago

USDCAD puts rally on hold near 1.3800 caution zone

USDCAD pauses aggressive bull run near five-month high. Faces resistance around 1.3800, but remains supported above 1.3690.

XM Group | 13 days ago

USD/CAD reaches new 2024 high; could this move continue?

USD/CAD trades higher again, tests strong resistance level; It is the bulls' first attempt to break above the current trend channel; Momentum indicators are mixed with a possible bearish divergence developing

XM Group | 21 days ago

Dollar Surges on CPI Beat, Gold Pressured

The Dollar Index surged on the back of robust inflation data, surprising investors and challenging expectations of an imminent rate cut. US Consumer Price Index (CPI) figures outpaced forecasts for the fourth consecutive month, reaching 3.5% over the 12 months to March. This unexpected inflationary pressure prompted a reevaluation of market sentiments regarding Federal Reserve policy moves.

PU Prime | 22 days ago