USD to CAD Exchange Rate

Upcoming Events for USD and CAD

		Event	Prev.	Cons.
2h 41m Low	USD	Balance of Trade (Mar)	-$770.7M	-$672M
18h 11m Low	CAD	Average Weekly Earnings YoY (Feb)	3.9%	3.8%
18h 11m Low	USD	Real Consumer Spending QoQ (Q1)	3.3%	2.8%
18h 11m Low	USD	Core PCE Prices QoQ (Q1)	2%	3.4%
18h 11m Low	USD	GDP Sales QoQ (Q1)	3.9%	3.1%
18h 11m Low	USD	PCE Prices QoQ (Q1)	1.8%	2.9%
18h 11m Med	USD	GDP Price Index QoQ (Q1)	1.7%	3%
18h 11m High	USD	GDP Growth Rate QoQ (Q1)	3.4%	2.5%
18h 11m Med	USD	Wholesale Inventories MoM (Mar)	0.5%	0.2%
18h 11m Med	USD	Retail Inventories Ex Autos MoM (Mar)	0.4%	0.3%

FRB and BOC Interest Rates

Country	Central Bank	Current Rate	Previous Rate	Next Meeting
United States	Federal Reserve	5.5%	5.5%	6 days
Canada	Bank of Canada	5.0%	5.0%	41 days

Latest USDCAD News

Canadian Dollar Drops As Retail Sales Fall Unexpectedly

The Canadian dollar moved down against its major counterparts in the New York session on Wednesday, following the release of weak retail sales data for February.

RTTNews | 5h 11min ago

U.S. Durable Goods Orders Surge 2.6% In March, More Than Expected

With orders for transportation equipment showing a substantial increase, the Commerce Department released a report on Wednesday showing new orders for U.S. manufactured durable goods surged by more than expected in the month of March. The report said durable goods orders soared by 2.6 percent in March after climbing by a downwardly revised 0.7 percent in February.

RTTNews | 8h 19min ago

U.S. Durable Goods Orders Surge More Than Expected In March

With orders for transportation equipment showing a substantial increase, the Commerce Department released a report on Wednesday showing new orders for U.S. manufactured durable goods surged by more than expected in the month of March.

RTTNews | 9h 39min ago

U.S. Dollar Falls As Business Activity Slows

The U.S. dollar weakened against its major counterparts in the New York session on Tuesday, after the release of weaker-than-expected flash PMI data for the month of April.

RTTNews | 1 day 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 | 5 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 | 5 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 | 12 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 | 13 days ago