On Wednesday, May 21, the US dollar fell against major currencies as President Donald Trump failed to convince Republicans to support his tax bill.
5 minutes ago
USDCAD
Us dollar / Canadian dollar
1.38887
CAD
-0.00241
·
-0.17%
Prev. Close
Open
1.3913
1.39128
Day’s Range
1-Year Range
1.38667 - 1.39163
1.34181 - 1.47908
Day’s volatility
1-Year Change
0.36%
+1.95%
Indicators
Chart
News USDCAD
Dollar weakens amid Trump's tax bill setbacks and G7 talks
Global trade uncertainty continues to weigh on dollar — Reuters
According to Reuters, May 21 saw another day of dollar sell-offs, though not particularly intense. US Treasury bond yields remain elevated, causing concern among investors. Markets are watching for changes in US trade deals and assessing the country's economic health.
58 minutes ago
Citigroup predicts dollar weakness following US talks with trading partners
Citigroup Inc. strategists, led by Osamu Takashima, predict a possible weakening of the US dollar following the upcoming G7 summit. During the meeting, world leaders plan to discuss currency policy as part of trade negotiations with the United States.
Today at 9:04 AM
Fed and White House disagree on impact of tariffs on US inflation
Federal Reserve (Fed) officials on Tuesday cited potential risks associated with price increases stemming from US import tariffs. The central bank indicated it will take a wait-and-see approach before adjusting interest rates.
Today at 8:03 AM
As analysts of Scotiabank warned, persistent price pressures in Canada will not allow the country's regulator to keep reducing borrowing costs in the near future. At the same time, experts noted that the accelerated price growth was observed before the manifestation of the US tariffs effect.
Today at 7:33 AM
Event announcement USDCAD
The CAD publication has been released
CPI (MoM)
New value
-0.1%
-0.4%
Price
-0.00536 (23h. 18m.)
Opposite
Direction
Down
The CAD publication is expected
Retail Sales (MoM)
Current value
0.7%
+1.1%
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Anchorage
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Los Angeles, Vancouver
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Denver
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Mexico City, Bogotá, Lima
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Buenos Aires, Montevideo
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Moscow, St. Petersburg
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Abu Dhabi, Tbilisi
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GMT +04
Yekaterinburg, Tashkent
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Almaty, Dhaka, Omsk
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GMT +06
Bangkok, Jakarta
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Beijing, Hong Kong
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Tokyo, Seoul
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Vladivostok, Brisbane
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Magadan
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Auckland, Wellington
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USDCAD economy
United States
Canada
Central Bank interest rate
4.5%
Without changes
2.75%
Without changes
Gross domestic product
-0.3%
Change:
-2.7%
2.36%
Change:
+0.48%
Unemployment rate
4.2%
Without changes
6.9%
Change:
+0.2%
Retail sales
0.1%
Change:
-1.6%
0.7%
Change:
+1.1%
Trade balance
$-140.5B
Change:
$-17.3B
$-0.51B
Change:
$+0.9B
Inflation
2.3%
Change:
-0.1%
1.7%
Change:
-0.6%
Business confidence
48.7
Change:
-0.3
47.9
Change:
-3.4
Currency rate effect
Positive, leads to growth
Negative, leads to decrease
Neutral, no effect