USDCAD Forex News

Canadian Dollar Drops As Oil Prices Dip

Canadian Dollar Drops As Oil Prices Dip

The Canadian dollar weakened against its major counterparts in the New York session on Friday, as oil edged lower on China demand concerns.
RTTNews | 13h 18min ago
U.S. Dollar Advances After PCE Inflation Data

U.S. Dollar Advances After PCE Inflation Data

The U.S. dollar climbed against its major counterparts in the New York session on Friday, after a data showed that the personal consumption expenditures price index crept up in line with economist estimates in the month of June.
RTTNews | 16h 14min ago
Commodity Currencies Slide Amid Risk Aversion

Commodity Currencies Slide Amid Risk Aversion

The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Thursday amid risk aversion, following the broadly negative cues from global markets overnight, led by steep declines for technology stocks, which mirrored their peers on the tech-heavy Nasdaq, after a few big-name U.S. tech firms reported disappointing quarterly numbers. Lingering concerns over slowing growth in the world's second largest economy, China, also kept investors nervous.
RTTNews | 1 day ago
Canadian Dollar Extends Decline After BoC Rate Cut

Canadian Dollar Extends Decline After BoC Rate Cut

The Canadian dollar extended decline against its major counterparts in the New York session on Wednesday, as the Bank of Canada reduced its key policy rate further amid easing inflationary pressures.
RTTNews | 2 days ago
Commodity Currencies Drop

Commodity Currencies Drop

The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against other major currencies in the Asian session on Wednesday, due to a sharp drop in commodity prices.
RTTNews | 2 days ago
Commodity Currencies Slide

Commodity Currencies Slide

The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Tuesday, due to a sharp drop in commodity prices.
RTTNews | 3 days ago