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83.00 CAD = 80.8882 USD
Canadian Dollar US Dollar
1 CAD = 0.974557 USD 1 USD = 1.02611 CAD
Convert again USD/CAD thumbnailView Chart Mid-market rates: 2013-05-21 17:59 UTC

USD/CAD2013-05-21 14:44 UTC

USD-CAD longs eye further upside after the rebound out of Monday's 1.0217 lows. The correction from Friday's 1.0313 highs ran its course as the USD reasserted itself, while there was negative leads for CAD$ from other commodity bloc currencies as selling pressure picked up with commodity market weakness. Longs are targeting 2013 highs at 1.0343 from March-1, though importer demand for CAD$ will rise. This was evident in USD-CAD's move into ... Read More 

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XE Market Analysis

  • North American Edition2013-05-21 10:25 UTC

    The dollar index posted modest gains, leaving it close to 84.00 after mixed flows during the European morning. EUR held stable close to 1.2865 after it was unable to clear offers from the 1.2900 level in early Europe. Cable headed back to 1.5170 after U.K. inflation data came in on the weaker side. USD-JPY dip buyers returned after Japan Economy Minister Amari clarified his position on FX amid speculation that PM Abe may have reproached him for his ... Read More 

  • European Edition2013-05-21 06:07 UTC

    The dollar was weighed by further repositioning head of Wednesday's testimony from Fed Chairman Bernanke. The dollar is perhaps due a slight correction after various proprietary models point to excessive long positions. JPY saw more selling pressure on upticks today after Japan Economy Minister Amari offered clarification on his FX positions after he appeared to call an end to yen selling on the weekend. Overnight, he called for FX markets to strike the ... Read More 

  • Asian Edition2013-05-21 14:44 UTC

    The dollar index posted moderate gains to take it firmly over 84.00 and just a short distance from last week's peak around 84.25. There were mixed leads via the EUR, but overall the dollar made up ground against GBP, CHF and the commodity bloc currencies. A very thin U.S. calendar saw the focus come from macro funds, which still focused on the potential for Fed tapering, while intra-day accounts took positive guidance from bullish dollar momentum on the ... Read More 

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