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Canadian Dollar Trust Currencyshares
(NY:
FXC
)
70.06
-0.17 (-0.25%)
Official Closing Price
Updated: 8:00 PM EDT, Nov 1, 2024
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USD/CAD Remains On The Defensive Below 1.3500 Despite USD Recovery
August 28, 2024
USD/CAD trades with mild losses around 1.3480 in Thursday’s early Asian session. The Fed's dovish remarks continue to weigh on the US Dollar. The BoC is expected to cut more interest rates in its...
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Interest Rates
Corrective Forces Weigh On G10 Currencies, With The Euro Threatening Its Largest Loss In Two Months
August 28, 2024
Corrective forces are helping lift the dollar against all the G10 currencies. The euro's 0.5% pullback is the largest in nearly two months. Sterling's 0.3% loss is the most in nearly three weeks.
Via
Talk Markets
Asia Markets Mixed, Europe Gains; Crude Oil Falls On Chinese Demand Concerns - Global Markets Today While US Slept
August 28, 2024
US stocks rise on anticipation of Nvidia's earnings and AI insights. Majority of S&P 500 sectors close higher. Asian markets mixed. Oil and gold prices fall.
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USD/CAD Outlook: CAD Strengthens Amid Rising Oil Prices
August 27, 2024
The Canadian dollar traded near a 5-month high against the US dollar as oil prices rallied. Railroad operators in Canada restored services, reducing the risks to the economy.
Via
Talk Markets
USD/CAD Price Forecast: Down Leg Unfolding Within Long-Term Range
August 27, 2024
USD/CAD is currently declining within a long-term range which has a ceiling in the 1.39s and a floor in the 1.31-1.32s.
Via
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Sterling Shines Again
August 27, 2024
The US dollar is softer against all the G10 currencies but the Japanese yen. Sterling is leading the advance and is at new two-year highs, knocking on $1.3250.
Via
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Asia Markets Mixed, Europe Edges Up; Crude Oil And Gold Retreat - Global Markets Today While US Slept
August 27, 2024
US stocks closed mixed on 8/26, with Dow up 0.16%, S&P 500 down 0.32%, and Nasdaq down 0.85%. Japan's Nikkei up 0.72%, Europe up, oil down.
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USD/CAD Remains Below 1.3500 Due To Higher Oil Prices
August 27, 2024
USD/CAD extends its losing streak due to higher Oil prices amid rising geopolitical tensions. WTI price gains ground due to rising fears of a broader Middle-East conflict and the potential shutdown of...
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Talk Markets
Canadian Dollar Rises On Monday As Markets Recover Footing
August 26, 2024
The Canadian Dollar (CAD) is broadly higher on Monday, kicking off the new trading week with an across-the-board recovery thanks to easing bidding pressure in other categories rather than any bullish...
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Silver Rises After Gold
August 26, 2024
Silver traded above $29.5 per ounce in late August, near its highest levels in five weeks.
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Asia And Europe Markets Mixed; Gold Hits Another Record High As Dollar Hits 3-Week Low - Global Markets Today While US Slept
August 26, 2024
U.S. stocks closed higher on Friday after Fed Chair Powell hinted at September rate cut, while all major indexes saw solid gains for the week.
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Speculators Sharply Raise Euro, British Pound & Canadian Dollar Bets
August 26, 2024
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Week Ahead: Inflation Gauges And Stretched US Dollar Drop
August 24, 2024
In the middle of last week, the Fed funds futures discounted 103 bp of cuts this year. There was some movement but after Fed Chair Powell’s, but the market finished the week with 104 bp of cuts priced...
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Canadian Dollar Surges On Fed Rate Cut Expectations
August 23, 2024
The Canadian Dollar (CAD) is mixed on Friday, but found a surge of fresh bidding against the US Dollar on the back of fresh nods to rate cuts from the Federal Reserve (Fed) sent the Greenback into the...
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USD/CAD Technical Forecast: At Make Or A Break Below 1.3600 Ahead Of Fed Powell’s Speech
August 23, 2024
USD/CAD hovers near 1.3600, the potential breakdown region of the Broadening Triangle chart pattern. Investors keenly await Fed Powell’s speech at the JH Symposium. The CAD will dance to the tunes of...
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What Can Powell Say That The Markets Do Not Already Know?
August 23, 2024
The US is consolidating with a softer profile against most G10 and emerging market currencies today, ahead of Fed Chair Powell's speech at Jackson Hole.
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Asia Markets Mixed, Europe Advances; Gold Hits New All Time High - Global Markets Today While US Slept
August 23, 2024
U.S. stocks closed lower as traders anticipate Fed rate cuts. Asian markets mixed, Europe and US futures up. Commodities and forex markets show volatility.
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Benzinga
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USD/CAD Trades With Mild Losses Near 1.3600, All Eyes On Fed Chair Powell’s Speech
August 22, 2024
The USD/CAD pair trades softer around 1.3605 during the early Asian session on Friday.
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The Stock Market May Have Made A Pivotal Turn
August 22, 2024
Volume was higher today on the S&P 500 futures, and it also appears that the futures broke an upward-sloping channel.
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US Equities
USD/CAD Forecast: Greenback Falters Post-Dovish Fed Min
August 22, 2024
Markets are fully pricing in a 25-bps September Fed rate cut after dovish FOMC meeting minutes. Oil prices fell on Wednesday amid growing concerns about China’s economy. Investors moved to fully price...
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The Dollar And Rates Come Back Firmer
August 22, 2024
The US dollar's decline continued yesterday after the steep jobs’ revision and an unusual solid auction of the Treasury's 20-year bond.
Via
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Asia Mixed, Europe Markets Advance; Gold Steady Near All-Time High, Dollar Strengthens - Global Markets Today While US Slept
August 22, 2024
US stocks close higher on cautious trading, boosted by Fed minutes and upcoming Jackson Hole symposium. Asian and European markets also mostly up.
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Benzinga
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Stocks Missed The Warnings Signs All Day Long
August 21, 2024
The S&P 500 closed up around 40 basis points. The stock market seemed unfazed by the fact that the VIX and 1-month implied correlation indexes were higher, the yield curve was steeper, and the dollar...
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Inflation In Canada Drops To 2.5% In July
August 21, 2024
Canada’s CPI rose to 2.5% year-on-year in July, down from 2.7%. The reading was in line with the market estimate. Monthly, inflation rose to 0.4% in July after a rare decline in June of -0.1%, and in...
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US Benchmark Payroll Revisions Over-Hyped? Dollar May Benefit From Buying On Fact After Being Sold On Rumors
August 21, 2024
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USD/CAD Forex Signal: Bounce Expected Soon
August 21, 2024
The US dollar has been fairly negative during the early hours on Tuesday reaching towards the 1.36 level, but we have since seen the Canadian CPI numbers look rather weak.
Via
Talk Markets
Asia Mixed, European Markets Advance; Gold Stays Near All Time High While Dollar Gains - Global Markets Today While US Slept
August 21, 2024
US stock markets close lower, breaking 8-day winning streak as investors pause before economic symposium. Energy stocks decline, consumer staples gain.
Via
Benzinga
USD/CAD Falls Toward 1.3600 Ahead Of FOMC Minutes
August 21, 2024
USD/CAD continues its losing streak, trading around 1.3620 during the Asian session on Wednesday.
Via
Talk Markets
USD Remains Soft But Consolidation Is Threatened
August 20, 2024
The US dollar's recent retreat has been marginally extended today but it seems to be moderating.
Via
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EUR/CAD Depreciates To Near 1.5100 After EEMU HICP Data, Canada’s Inflation Eyed
August 20, 2024
EUR/CAD loses ground following key economic data from the European Monetary Union. EMU HICP MoM showed no change in July, while Core inflation declined by 0.2%. The commodity-linked CAD rises despite a...
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