USD CAD News 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.

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Loonie slips against US dollar amid coronavirus worries

2020-06-25 16:46:12 GMT (
The Canadian dollar slipped against most majors on Thursday, as investors parse the latest developments in the coronavirus crisis amid fears of a second wave of infections.   The World Health ...

Loonie rises on upbeat jobs data

2020-06-05 15:35:52 GMT (
The Canadian dollar rose on Friday, after the release of better than expected jobs data in both Canada and the US.   Data showed today that the Canadian economy has added 289.6 thousand jobs ...

Loonie rises after BoC holds interest rates

2020-06-03 16:57:12 GMT (
The Canadian dollar rose against most currencies on Wednesday, following the Bank of Canada's widely expected decision.   The Bank of Canada announced today holding the interest rate at 0.25% ...

Loonie drops despite less-than-expected GDP contraction

2020-05-29 17:01:22 GMT (
The Canadian dollar fell against most currencies on Friday, despite less than expected GDP contraction in the first quarter.   The Canadian GDP shrank by 7.2%in the first quarter, better than ...

Loonie falls despite oil prices recovery

2020-05-15 16:25:38 GMT (
Canadian dollar fell against most currencies on Friday, despite a recovery in oil prices as the loonie is considered a commodity currency.   Canada revealed today foreign securities purchases ...

Loonie holds despite oil prices recovery

2020-05-12 16:25:44 GMT (
The Canadian dollar held against most majors on Tuesday despite the recovery in oil prices.   Reuters quoted sources today that OPEC and independent producers are considering keeping the size ...

Loonie rises on better-than-expected jobs data

2020-05-08 16:41:37 GMT (
The Canadian dollar rose on Friday, lifted by surprise positive jobs data that raised optimism about the Canadian jobs market despite the coronavirus pandemic.   Canada revealed today that the ...

Canadian dollar rises as oil prices rebound

2020-05-05 16:39:57 GMT (
The Canadian dollar strengthened against its major counterparts on Tuesday as oil prices rose, in addition to the release of upbeat economic data.   To the oil market, West Texas Intermediate ...

Loonie drops over 1% after Poloz remarks

2020-05-01 16:27:35 GMT (
The Canadian dollar fell on Friday, after the Governor of the Bank of Canada Stephen Poloz comments.   Poloz dismissed the possibility to inject additional stimulus to push inflation above the ...

Loonie shrugs off oil prices, edges higher

2020-04-27 15:54:48 GMT (
The Canadian dollar rose on Monday, despite the falling oil prices, to shake off its tight correlation with crude prices.   The coronavirus pandemic continued to impact global markets, as oil ...

Loonie falls as pressure returns on oil prices

2020-04-24 15:56:29 GMT (
The Canadian dollar fell against most currencies today, as pressures returned on oil prices, which weighs down on commodity-currencies, such as the Canadian dollar.   Oil was lifted by ...

Canadian dollar drops as Brent crude slides

2020-04-21 17:08:52 GMT (
The Canadian dollar fell against most of its counterpart on Tuesday, as Brent crude continued its slide, bearing in mind the Canadian government dependence on oil exports.   The OPEC-Plus ...

Canadian dollar falls after BoC extends asset purchase programme

2020-04-15 15:15:49 GMT (
The Canadian dollar slumped on Wednesday, after the Bank of Canada's decision on the interest rates and asset purchases.   The Bank of Canada announced today to hold the interest rate at 0.25% ...

Loonie tilts higher in holiday-thin trade

2020-04-13 17:09:27 GMT (
The Canadian dollar edged up against the greenback on Monday, amid holiday-quiet trading, as many global markets are closed in observance of the Easter Monday.   Stock and bond markets in ...
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