1.383
Today
+0.28%
5 Days
-0.16%
1 Month
-1.51%
6 Months
+1.38%
Year to Date
+0.78%
1 Year
+0.28%
Opening Price
1.379Previous Closing Price
1.379Royal Bank of Canada (RBC) economist Claire Fan notes Canada’s labour market lost 42,000 jobs in August, partly reversing earlier gains and leaving modest year-to-date job growth. She emphasizes structural factors like demographics and weaker immigration as key drags.
TD Securities strategists note that Canada’s softer August labour report, including weaker employment momentum and slower wage growth, is unlikely to materially change the Bank of Canada’s (BoC) assessment of the labour market.
USD/CAD accelerates sharply higher on Friday, trading around 1.3850 at the time of writing, up 0.39% on the day.
• USDCAD advanced due to divergent labor market data from the United States and Canada. • Stronger United States nonfarm payrolls drove Treasury yields higher and boosted the dollar. • Canadian employment contraction increased expectations for accommodative Bank of Canada monetary policy.
The Canadian Dollar (CAD) holds minor losses against the US Dollar (USD) on Friday, as the USD/CAD pair trades just above 1.3800 after bouncing from two-week lows at 1.3765.
Commerzbank analysts Norman Liebke and Michael Pfister report that the Bank of Canada kept its policy rate at 2.25% but adopted a more hawkish tone as inflation risks rise from higher energy prices and trade tensions with the US.
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.

The upside prevails as long as 1.3815 is support, with 1.3877 and 1.3892 as targets
below 1.3815, expect 1.3790 and 1.3775.
The upside prevails as long as 1.3815 is support, with 1.3877 and 1.3892 as targets
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