USD CAD News
Economies.com provides the latest News about the USD/CAD (US Dollar/Canadian Dollar or Loonie). You may find the News on a daily basis with an indication for the daily trend. You may also find live updates around the clock if any major changes occur in the currency pair.
Latest Trade
1.3578
0.0408
3.0999%
1.3170
1.3657
1.3606
1.3570
Loonie resumes gains before BOC decision
2023-12-06 14:01PM UTC
Canadian dollar rose in American trade on Wednesday against a basket of major rivals, resuming gains and approaching three-month highs.
The gains come ahead of Bank of Canada's policy ...
Loonie advances after positive employment data
2023-12-01 21:28PM UTC
The Canadian dollar rose against most major rivals on Friday following positive labor data.
The Canadian government reported an addition of 24.9 thousand jobs to the economy in ...
Bank of Canada maintains rates flat
2023-10-25 15:36PM UTC
Bank of Canada announced no change to interest rates at 5% as expected, pointing to recent data which showed that successive rate hikes reduced the pressures of prices and slowed down ...
Loonie gains ground after solid data
2023-10-20 20:47PM UTC
Canadian dollar steadied positively against most major rivals following forecast-matching retail sales data.
Government data showed Canadian retail sales down 0.1% last month as ...
Loonie extends gains to six-week high after strong inflation data
2023-09-19 13:29PM UTC
Canadian dollar rose in American trade on Tuesday against a basket of major rivals, extending gains for the second day against US dollar and hitting a six-week high following strong Canadian ...
Canada's inflation slows down as expected in May
2023-06-27 12:42PM UTC
Canada's consumer prices rose 3.4% y/y in May, slowing down from 4.4% in the previous reading, and matching expectations.
Core prices, excluding food and energy, rose 3.7%, below estimates ...
Loonie edges up despite weak data
2023-06-09 20:16PM UTC
Canadian dollar rose against most major rivals mildly on Friday despite weak data.
Official government data showed the economy lost 17.3 thousand in May, while analysts expected an increase ...
Canada's economy loses jobs for first time in 2023
2023-06-09 12:35PM UTC
Canada's economy lost 17.3 thousand jobs in May, the first such loss of jobs in 2023, and since August 2022, and missing estimates of an addition of 21.2 thousand jobs, and compared to April's ...
Loonie climbs after unexpected interest rate decision
2023-06-07 19:05PM UTC
Canadian dollar rose against most major rivals on Wednesday after an unexpected decision on interest rates.
Bank of Canada announced a surprise 0.25% interest rate hike to 4.75% from ...
Bank of Canada surprises markets with unexpected decision
2023-06-07 14:27PM UTC
Bank of Canada announced a surprise 0.25% interest rate hike to 4.75% from 4.5%, confounding analysts' expectations of no change in policies.