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18.00 CAD = 16.4254 USD
Canadian Dollar US Dollar
1 CAD = 0.912520 USD 1 USD = 1.09587 CAD
Convert again USD/CAD thumbnailView Chart Mid-market rates: 2014-09-17 07:32 UTC

XE Market Analysis

  • North American Edition2014-09-16 10:44 UTC

    The dollar recovered from a moderate dip in Asia as markets anticipate that the Fed may take a step to policy normalization at tomorrow's FOMC. Sterling traded lower as the FX market is somewhat jittery with two days to go until Scotland's independence vote. The as-expected dip in U.K. CPI to 1.5% had little impact. Cable has made a six-day low of 1.6162, but remains comfortably above last Monday's 10-month low at 1.6052. USD-JPY settled in the ... Read More 

  • European Edition2014-09-17 06:41 UTC

    Narrow ranges prevailed in pre-FOMC trade. The dollar was steady after seeing some weakness in post-London trade in New York yesterday after WSJ Fedwatcher Hilsenrath said that the Fed is set to retain "considerable time" in its policy lexicon. Markets had been entertaining the idea that this phrase would be dropped, which in the event would mark a baby-step toward policy normalization. EUR-USD settled around 1.2950 after making a two-week low at 1.2995 ... Read More 

  • Asian Edition2014-09-16 18:32 UTC

    The dollar idled inside of narrow ranges through the morning session, though took a fairly big hit following WSJ's Fedwatcher Hilsenrath, who implied "considerable time" would remain in Wednesday's FOMC statement. Yields slipped, stock rallied sharply, and the dollar eased broadly after the news, taking EIR-USD to session highs of 1.2995, and USD-JPY under 108.85. The greenback recovered marginally in afternoon trade, though we look for steady conditions ... Read More 

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