USDCAD
Us dollar / Canadian dollar

The market is closed (05 dec 00:29 UTC +2)
Current price
1.34648
0.00356
0.27
Opening
1.34292
Daily range 0.00
1.34198 — 1.34648

News USDCAD

Forex Events for 12/05/22

The agenda includes business activity in the service sector of different countries, summary indicators of business activity, US production orders and retail sales in the Eurozone.

2 December
Commerzbank: US dollar is unlikely to strengthen even on optimistic non-farm payrolls

The issue of inflation is currently of less importance in the foreign exchange market. Thus, according to economists at Commerzbank, dollar bears will not suffer losses even on the release of optimistic nonfarm payrolls.

2 December
ING: U.S. dollar may continue decline, even despite upbeat Nonfarm data

Obviously there has been a structural shift in the markets toward a bearish dollar position. According to economists at Internationale Nederlanden Groep (ING), current U.S. nonfarm payrolls data may not cause an inversion of this trend.

2 December
Inflation may be peaking, but there are doubts about its decline

Central banks have recently been stepping up measures to combat global inflation. Investors, meanwhile, are actively discussing the continuation of high price levels amid limited supply.

2 December
US manufacturing fell for the first time since May 2020

In November, economic activity in the US manufacturing sector declined. The most recent reduction was in May 2020. The reason for the decline in output was a decrease in the number of orders over the past three months.

2 December
Forecasts USDCAD
USDCAD neutral
Nonfarm Payrolls and employment in Canada: trade with a fast and strong signal!
02 December 2022 32
Oil growth will whet bears' appetite for USD/CAD
17 November 2022 70
Investing: Oil and global market weakening overturns head and shoulders in USD/CAD
11 November 2022 55

Event announcement USDCAD

Current time:
Eniwetok, Kwajalein
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00
00

GMT -12

Midway Island, Samoa
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00
00

GMT -11

Hawaii, Tahiti
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00
00

GMT -10

Alaska, Adak
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00
00

GMT -09

Anchorage
00
00
00

GMT -08

Los Angeles, Vancouver
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00
00

GMT -07

Denver
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00
00

GMT -06

Mexico City, Bogotá, Lima
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00
00

GMT -05

New York, Puerto Rico
00
00
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GMT -04

Buenos Aires, Montevideo
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GMT -03

São Paulo
00
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GMT -02

Azores
00
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GMT -01

Reykjavik
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GMT +00

London
00
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GMT +01

Kaliningrad, Paris
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GMT +02

Moscow, St. Petersburg
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GMT +03

Abu Dhabi, Tbilisi
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00
00

GMT +04

Yekaterinburg, Tashkent
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00
00

GMT +05

Almaty, Dhaka, Omsk
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00

GMT +06

Bangkok, Jakarta
00
00
00

GMT +07

Beijing, Hong Kong
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00
00

GMT +08

Tokyo, Seoul
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00
00

GMT +09

Vladivostok, Brisbane
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00

GMT +10

Magadan
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GMT +11

Auckland, Wellington
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GMT +12

USDCAD economy

United States

Canada

Central Bank interest rate
4%
Change: +0.75%
3.75%
Change: +0.5%
Gross domestic product
2.9%
Change: +0.3%
0.1%
Change: -0.2%
Unemployment rate
3.7%
Without changes
5.1%
Change: -0.1%
Retail sales
1.3%
Change: +1.3%
-0.7%
Change: -1.2%
Trade balance
$-73.3B
Change: $-7.6B
$1.14B
Change: $+0.59B
Inflation
0.3%
Change: -0.3%
0.4%
Without changes
Business confidence
49
Change: -1.2
50.1
Change: -9.4

Currency rate effect

Positive, leads to growth
Negative, leads to decrease
Neutral, no effect

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