USDCAD Forex News

U.S. Dollar Drops As Stocks Advance

U.S. Dollar Drops As Stocks Advance

The U.S. dollar weakened against its major counterparts in the New York session on Friday, as U.S. stocks edged higher after falling in the previous session.
RTTNews | 1 day ago
NZD/CAD BoC vs. RBNZ Divergence

NZD/CAD BoC vs. RBNZ Divergence

The New Zealand dollar was the top performer among G10 currencies last night, and the latest policy meeting by the RBNZ is to thank for that. The NZD/USD exchange rate surged to an intra-day high of 0.6152, while the AUD/NZD rate fell to an intra-day low of 1.0861. The New Zealand dollar has appreciated 4.1% month-to-date versus the USD, making the Kiwi the best G10 currency this month.
ACY Securities | 2 days ago
U.S. Dollar Advances Amid Solid PMI Data

U.S. Dollar Advances Amid Solid PMI Data

The U.S. dollar climbed against its major counterparts in the New York session on Thursday, as the nation's business activity accelerated sharply in May, its highest level since April 2022.
RTTNews | 2 days ago
U.S. Dollar Appreciates Ahead Of Fed Minutes

U.S. Dollar Appreciates Ahead Of Fed Minutes

The U.S. dollar was higher against its major counterparts in the New York session on Wednesday, as investors awaited minutes of the U.S. Federal Reserve's latest policy meeting for clues on the timing of the first cut.
RTTNews | 3 days ago
U.S. Dollar Lower On Rate Cut Expectations

U.S. Dollar Lower On Rate Cut Expectations

The U.S. dollar declined against its major counterparts in the New York session on Friday on growing expectations that the U.S. Federal Reserve could start cutting interest rates as early as September.
RTTNews | 8 days ago
Soft Inflation Data, Retail Sales Pull Down U.S. Dollar

Soft Inflation Data, Retail Sales Pull Down U.S. Dollar

The U.S. dollar weakened against its major counterparts in the New York session on Wednesday, as consumer inflation data and retail sales came in lower than expected in April, strengthening expectations that the Federal Reserve will reduce interest rate in September.
RTTNews | 10 days ago
U.S. Dollar Falls, U.S. Inflation Report In Focus

U.S. Dollar Falls, U.S. Inflation Report In Focus

The U.S. dollar weakened against other major currencies in the Asian session on Wednesday, as traders await the release of key U.S. CPI data along with other reports on U.S. retail sales and homebuilder confidence which is likely to influence the U.S. Federal Reserve's near-term policy path.
RTTNews | 11 days ago
U.S. Dollar Drops Following PPI Data, Powell's Comments

U.S. Dollar Drops Following PPI Data, Powell's Comments

The U.S. dollar declined against its major counterparts in the New York session on Tuesday, following the release of producer inflation data for April and Federal Reserve Chairman Jerome Powell's speech at a banking event in Amsterdam.
RTTNews | 11 days ago