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The Canadian 10-year bond yield was up 4.1 basis points at 3.304%, after touching its lowest level since Jan. 3 at 3.218% during Tuesday's session. (Reporting by Fergal Smith in Toronto; Editing ...
The loonie was trading 0.3% higher at 1.4350 to the U.S. dollar, or 69.69 U.S. cents, extending its recovery from the weakest intraday level in nearly five years at 1.4467 on Thursday.
The median forecast in a Reuters poll was for the Canadian dollar to strengthen 1% to 1.26 per U.S. dollar, or 79.37 U.S. cents in three months, compared to 1.25 in last month's forecast.
The Canadian dollar is expected to recoup only a small fraction of its recent losses over the coming year as the threat of U.S. trade tariffs hampers the outlook for Canada's export-dependent ...
The loonie was trading 0.1% higher at 1.4135 to the U.S. dollar, or 70.75 U.S. cents. Like Canada, Australia and New Zealand are major commodity producers, so their currencies tend to be sensitive ...
USD/CAD failed to settle above the major resistance level at 1.3420 and pulled back towards the support at 1.3330.
In November 2024, United States President-elect Donald Trump announced plans to implement 25% tariffs on Canadian and Mexican imports effective January 20, 2025. The proposed tariffs were contingent on both nations' abilities to prevent illegal immigration and drug trafficking , particularly fentanyl , across their borders with the United States.
USD/CAD declined below the 20 EMA and is testing the support level at 1.2650. USD/CAD Daily Forecast – Canadian Dollar Gains Ground As WTI Oil Moves To New Highs Skip to main content