USDCAD Forex News

U.S. Dollar Rises Ahead Of U.S. Inflation Data

U.S. Dollar Rises Ahead Of U.S. Inflation Data

The U.S. dollar strengthened against most major currencies in the European session on Wednesday amid risk appetite, as traders looked ahead to the release of key inflation data this week for direction.
RTTNews | 1 day ago
U.S. Dollar Advances On Hawkish Fed Comments

U.S. Dollar Advances On Hawkish Fed Comments

The U.S. dollar rebounded against its major counterparts in the New York session on Tuesday, as Minneapolis Fed President Neel Kashkari suggested that more progress on inflation is needed to support a rate cut.
RTTNews | 1 day ago
Antipodean Currencies Rise Amid Risk Appetite

Antipodean Currencies Rise Amid Risk Appetite

Antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Tuesday amid risk appetite, following the broadly positive cues from the European markets overnight, as traders remain cautious ahead of key inflation readings from the U.S., Europe, Japan and Australia later in the week, which could help traders access the timing and pace of interest rate cuts this year.
RTTNews | 2 days ago
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 | 5 days 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 | 5 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 | 6 days ago