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XE Currency Converter: CAD to USD

USD/CAD2016-09-30 18:27 UTC

USD-CAD fell back to 1.3087 lows from over 1.3180 following the better Canada GDP data. The pairing had rallied overnight to 1.3195 highs as oil prices gave back some gains, though WTI crude bounced to $47.96 from lows of $47.05, adding support to the CAD. Week, month and quarter end conditions kept liquidity low through the session, generally increasing volatility. Read More 

XE Market Analysis

  • North American Edition2016-09-30 11:07 UTC

    The dollar made ground against the euro, which weakened across-the-board amid month-end related selling, while arriving to the early European PM near net unchanged versus the yen. Sterling carved out moderate gains following an unexpected revision higher in Q2 GDP, to +0.7% from 0.6%, and consumer confidence data for September showing a rebound not pre-Brexit vote levels. The UK data were part of a flood of end-of-month releases, which mostly had limited ... Read More 

  • European Edition2016-09-30 07:28 UTC

    The yen rebounded as the oil price rally faded and stock markets concomitantly ebbed. USD-JPY has given back most of yesterday's gains in ebbing to back under 100.80. AUD-JPY is showing the biggest movement out of the currencies we track, with a 0.4% loss. EUR-USD, meanwhile, continued to ply a narrow range in the low 1.12s, as it has done for most of the week since logging a 15-day high at 1.1259 on Monday. AUD-USD, after rallying for most of the week, ... Read More 

  • Asian Edition2016-09-30 18:27 UTC

    Firmer Chicago PMI and consumer sentiment data helped the dollar in N.Y. on Friday, though reports of a greatly reduced Deutsche Bank fine turned EUR-USD and equity markets sharply higher. EUR-USD based at 1.1154 early in the session, before rallying to 1.1250. USD-JPY found support into 101.10, and later topped near 101.45 as Wall Street rebounded. USD-CAD fell to 1.3087 following stronger Canada GDP data, and firm oil prices. Cable meanwhile, meandered ... Read More 

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