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Full Rates & Charts
CAD
USD
EUR
NZDInterbank Market rate - CAD/USD
| Bid | Ask |
|---|---|
| 6:21 AM | |
| 0.9867 / | 0.9867 |
| Low | High | |
|---|---|---|
| 24h | 0.9867 - | 0.9935 |
| Week | 0.9867 - | 1.0043 |
More Near real time rates - Not to be used for trading purposes.
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Daily Commentary
Wednesday, 16 May 2012
Frederick ChengUS Dollar vs Canadian Dollar: The top so far has been 1.0132 and we are officially out of our range. The FX markets continue to shed risk lead by sell offs in commodity based currencies. This move has caught people off guard and may extend further. U.S. dollar sellers are abundant vs the CAD but we should continue higher towards the 1.0250 target area in coming sessions. Pull backs should be limited to the 1.0040-50 zone with 1.0020 being the outlier target. Below .9980 will see us get back to lower levels but that is not the current favoured scenario. A breach of 1.0160 will target higher levels.
We expect a range today of 1.0050 to 1.0150
Canadian Dollar vs Euro: The Euro traded relatively flat against the Loonie, staying within yesterday’s range as both the currencies dropped against the USD. Greece will hold another election in mid June after the country failed to form a coalition government, further adding to the political uncertainly in the euro area.
We expect a range today of 1.2790 to 1.2880
Canadian Dollar vs British Pound, Australian Dollar and New Zealand Dollar: The Sterling is trading within this week’s lower range ... read more
Forex news
CANADA FX DEBT-C$ falters on Greece worries
Thursday, 17 May 2012
The Canadian dollar skidded against its U.S. counterpart o n W ednesday as broader uncertainty over Greece's future in the euro zone weighed on global equity, commodity and currency markets.
read more
RPT-CANADA FX DEBT-C$ cuts losses on North American economic data
Wednesday, 16 May 2012
(Repeats to additional subscribers with no change to headline or text) Canada's dollar rebounded from a 16-week low against the U.S.
read more
CANADA FX DEBT-C$ cuts losses on North American economic data
Wednesday, 16 May 2012
Canada's dollar rebounded from a 16-week low against the U.S.
read more
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