1.414
Today
-0.32%
5 Days
-0.60%
1 Month
+1.60%
6 Months
+2.90%
Year to Date
+3.01%
1 Year
+0.71%
Opening Price
1.419Previous Closing Price
1.418
The downside prevails as long as 1.4167 is resistance, with 1.4108 and 1.4094 as targets
above 1.4167, look for 1.4191 and 1.4205.
The downside prevails as long as 1.4167 is resistance, with 1.4108 and 1.4094 as targets
TD Securities’ economist Robert Both expects Canadian CPI to rise to 3.2% year-on-year in September, driven mainly by higher Energy and Gasoline prices, while core measures such as CPI-trim and median remain near 1.9%. The subdued core profile should limit Bank of Canada reaction, even as new inflation forecasts in the October MPR are upgraded for headline CPI.
USD/CAD extends its decline on Friday as broad US Dollar (USD) weakness lifts the Canadian Dollar (CAD) to its highest level in more than two weeks.
Scotiabank strategists Shaun Osborne and Eric Theoret report the Canadian Dollar (CAD) modestly stronger versus the US Dollar, helped by firmer Bank of Canada rate expectations and narrowing US–Canada yield spreads. Fair value for USD/CAD is estimated close to spot around 1.4140.
Royal Bank of Canada’s (RBC) Nathan Janzen analyzes how higher Oil prices are boosting Canada’s real gross domestic income much faster than GDP, largely via export revenues.
The USD/CHF pair attracts some follow-through selling for the second straight day on Friday, extending this week's retracement slide from the 0.8400 neighborhood, or the highest since May 2025.
The Canadian Dollar (CAD) maintains its firm tone on Friday, buoyed by elevated Oil prices, while the US Dollar (USD) struggles amid lower US Treasury yields and dovish comments by Fed speakers.
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.
