Canadian Dollar whipsaws on tariff talk and CPI prints

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The All Futures page lists all open contracts for the commodity you’ve velocity trade forex broker velocity trade review velocity trade information selected. Intraday futures prices are delayed 10 minutes, per exchange rules, and are listed in CST. Overnight (Globex) prices are shown on the page through to 7pm CT, after which time it will list only trading activity for the next day. Once the markets have closed, the Last Price will show an ‘s’ after the price, indicating the price has settled for the day. The page will always show prices from the latest session of the market.

Major economic data used by traders include the release of GDP, raw material prices, retail sales, industrial production, inflation, and trade balances. This information is released at regular intervals, and many brokers and financial information sources like the Wall Street Journal and Bloomberg make this information freely available. Traders also note employment and interest rates (including scheduled meetings of the central bank) and the daily news flow, such as natural disasters, elections, and new government policies. The table displays the data and analysis of the variations. A year ago today, on this day, provided the equivalent of $1.00 canadian dollars for $0.743 us dollar, which is $0.046 more than it is now. Over the last 7 days, the best beneficial exchange rate was $0.699.

Over the last 7 days, the best beneficial exchange rate was $1.44. Convert from Canadian dollars based on daily exchange rates. The CEER index is a weighted average of bilateral exchange rates for the top 10 best forex trading strategies and tips in 2020 Canadian dollar against the currencies of Canada’s major trading partners.

• If economic data is weak, however, the CAD is likely to fall.
• The dollar index (DXY00) Friday fell by -0.53% and posted a 5-week low.
• However, new stocks are not automatically added to or re-ranked on the page until the site performs its 10-minute update.
• Here are some of the more important factors to consider if you’re looking at trading CAD.
• The US Dollar is softening across the board to wrap up a largely unremarkable trading week, rather than the Loonie finding any intrinsic bidding pressure, implying that bullish momentum is unlikely to be sustained.
• The foreign exchange market determines how much the Canadian dollar is worth.
• For dynamically-generated tables (such as a Stock or ETF Screener) where you see more than 1000 rows of data, the download will be limited to only the first 1000 records on the table.

Canada is prepared to impose retaliatory tariffs on the U.S. if Trump eventually moves ahead with any trade action. Officials have already drawn up a plan that will levy immediate tariffs on $37-billion worth of American goods if Trump moves against Canada. “I think we’ll do it Feb. 1,” the president said in response to a question about when those tariffs could be implemented. Speaking to reporters on his return to the Oval Office Monday, Trump recited concerns about the Canadian and Mexican borders while reiterating his threat to hit both countries with a sweeping 25 per cent tariff. The Bank of Japan ended its two-day monetary meeting and raised its key interest rate to about 0.5 per cent from 0.25 per cent, noting that inflation is holding at a desirable target level. The day range on the loonie was 69.51 US cents to 69.86 US cents in early trading.

Canadian dollars to US dollars

Trump pledged in his inaugural address that tariffs would be coming in a speech in which he promised a golden era for America. He later said Canada and Mexico could be hit with the tariffs as soon as Feb. 1, though he signed an executive order requesting a report coordinated by the Secretary of Commerce by April. And I’m going to encourage all the premiers to do the exact same,” Ford said, adding there will be a dollar-for-dollar tariff retaliation on American goods entering Canada. Justin Trudeau and Danielle Smith will argue that Canada is the energy super power that has the oil and critical minerals that America needs to feed what Trump vows will be a booming U.S. economy. The average age of Canada’s population is high compared to global standards, which means it has a higher percentage of middle-aged and older citizens than many other developed countries.

The Canadian dollar was up about 0.6 per cent against the greenback over the past month. Oil prices inched higher but were headed for a weekly decline after U.S. President Donald Trump issued a sweeping plan to boost U.S. production and demanded OPEC lower crude prices. On Wall Street, markets are assessing earnings from American Express Co. and Verizon Communications Inc.

What was the highest Chinese Yuan Renminbi to Canadian Dollar exchange rate in 2025?

US President Donald Trump held off on deploying his long-threatened package of day one tariffs on nearly all of the US’ largest trading partners, including Canada. She noted that a formal revision of the agreement is scheduled for July 2026. Currency rates are notoriously difficult to predict, and most models rarely work for more than brief periods. While economics-based models are seldom useful to short-term traders, the country’s economic conditions do shape long-term trends that create profitable trading opportunities.

Convert USD to CAD at the real exchange rate

Canada has a liberal immigration policy, however, and its demographics are not particularly troubling for the long-term economic outlook. In analyzing the economic situation in Canada, it is also important to consider Canada’s exposure to commodities. Canada is a meaningful producer of petroleum, minerals, wood products, and grains, and the trade flows from those exports can influence investor sentiment regarding the loonie. The Canadian dollar is popularly traded against many currencies, with the three highest trading volumes occurring on the CAD/CNH (Chinese Yuan Renminbi Offshore), CAD/ZAR (South African Rand), and USD/CAD. This chart will allow users to see the USD/CAD oscillation, and look at last year’s data. In the majority of cases, this data is sufficient to predict future changes.

Top currency pairings for US dollar

Information is provided ‘as is’ and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab). But the plan drawn up the 10 best trading books of all time by Ottawa and the premiers called for shared sacrifices and didn’t single out Alberta oil alone. There was an agreement that no one region or sector would bear the brunt from whatever happens. LeBlanc said Canada has “convinced” the incoming administration that the government here “completely shares their views in terms of fighting against illegal fentanyl, fighting against organized crime at the border.”

• Information is provided ‘as is’ and solely for informational purposes, not for trading purposes or advice.
• The “More Data” widgets are also available from the Links column of the right side of the data table.
• Scroll through widgets of the different content available for the symbol.
• The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
• That said, the carry trade is not so significant for the Canadian dollar.
• Wise gives you the real, mid-market, exchange rate, so you can make huge savings on your international money transfers.

Click the “+” icon in the first column (on the left) to view more data for the selected symbol. Scroll through widgets of the different content available for the symbol. The “More Data” widgets are also available from the Links column of the right side of the data table.

View the latest top stories from our trusted partners, with a focus on today’s futures and commodity markets. Barchart Plus Members have 10 downloads per day, while Barchart Premier Members may download up to 250 .csv files per day. This tool will download a .csv file for the View being displayed. For dynamically-generated tables (such as a Stock or ETF Screener) where you see more than 1000 rows of data, the download will be limited to only the first 1000 records on the table. For other static pages (such as the Russell 3000 Components list) all rows will be downloaded. Unique to Barchart.com, data tables contain an option that allows you to see more data for the symbol without leaving the page.

These rates were last updated 28 April 2017 using the Bank’s old calculation methodology, and will not be updated in future. All market data (will open in new tab) is provided by Barchart Solutions. To view rates between the Chinese Yuan Renminbi and the Canadian Dollar for a particular year, click on one of the links below.