1.399
Today
+0.03%
5 Days
+1.35%
1 Month
+0.87%
6 Months
+2.22%
Year to Date
+1.94%
1 Year
+1.83%
Opening Price
1.399Previous Closing Price
1.399
The upside prevails as long as 1.3948 is support, with 1.4026 and 1.4042 as targets
below 1.3948, expect 1.3921 and 1.3905.
The upside prevails as long as 1.3948 is support, with 1.4026 and 1.4042 as targets
USD/CAD trades around 1.3980 on Thursday at the time of writing, little changed on the day and hovering near the psychological 1.4000 level. The US Dollar (USD) remains supported by better-than-expected employment data, while the Canadian Dollar (CAD) continues to face pressure from weak Oil prices.
Scotiabank strategists Shaun Osborne and Eric Theoret highlight that USD/CAD remains elevated near 1.40 after the FOMC, with the Canadian Dollar (CAD) underperforming peers as the Fed/BoC rate differential returns to 175bps.
Canadian Prime Minister Mark Carney stressed on Thursday that Canada intends to remain a reliable international partner while strengthening its economic and technological sovereignty.
The US Dollar (USD) held its ground at one-and-a-half-month highs against the Canadian Dollar (CAD) on Thursday, supported by the Federal Reserve’s (Fed) interest rate hike and the unexpectedly hawkish message from Chairman Kevin Warsh.
The Canadian Dollar (CAD) trades weakly against the US Dollar (USD) on Thursday. In the Asian session, the USD/CAD pair posts a fresh five-week high to near 1.4000.
The Fed has raised its rate to 3.75-4.00%, its first increase since 2023 and its first move since the cut in December 2025. The Bank of Canada has not moved at all.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
