| Bid | Ask |
|---|---|
| 1:52 AM | |
| 0.9778 / | 0.9783 |
| Low | High | |
|---|---|---|
| 24h | 0.9780 - | 0.9784 |
| Week | 0.9780 - | 1.0009 |
More Near real time rates - Not to be used for trading purposes.
US Dollar vs Canadian Dollar: Today we open the North American session with the U.S. dollar is weaker than where we closed for the first time this week against a broad range of currencies. USD/CAD peaked near 1.0200 and has retraced to the 1.0140 area just after Canadian inflation data, released moments ago, showed a jump in the core rate. Yesterday saw an ”ugly short covering rally (in the) afternoon (that) has flattened the money market curve incredibly.” Players expecting the BoC to hike rates sooner than previously anticipated surrendered their positions with the currency under attack. Expect support to come in at 1.0140, 1.0080 and 1.0060 which is also where the 200 day moving average lies. Now that we have broken out of our 3 ½ month range looks for U.S. dollar buyers to emerge on dips, especially near the break out zone of 1.0050-1.0080.
We expect a range today of 1.0135 to 1.0205
Canadian Dollar vs Euro: The Euro traded more steadily after better than expected Italian economic numbers. The pair traded largely within yesterday’s range. This week’s G8 summit and Greece should continue to put pressure on the euro.
We expect a range ... read more
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