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| Name | Symbol | Market | Type |
|---|---|---|---|
| United States Dollar vs Canadian Dollar | FX:USDCAD | Forex | Exchange Rate |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.00132 | -0.1% | 1.34212 | 1.34209 | 1.34214 | 1.34445 | 1.34212 | 1.34378 | 0 | 07:44:36 |
Canadian Dollar Weakens As Oil Prices Drop
15/08/2022 11:21am
RTTF2
US Dollar vs CAD (FX:USDCAD)
Forex Chart
From Jun 2022 to Dec 2022
The Canadian dollar depreciated against its most major counterparts in the European session on Monday, as weak economic data from China sent oil prices lower.
Crude for October delivery dropped $4.40 to 93.75 per barrel.
The loonie fell to nearly a 2-week low of 102.59 against the yen and a 4-day low of 1.3210 against the euro, off an early high of 104.56 and a 6-day high of 1.3093, respectively.
Against the greenback, the loonie was down at a 1-week low of 1.2934.
The next possible support for the Canadian currency is seen around 98.00 against the yen, 1.34 against the euro and 1.32 against the greenback.
1 Year US Dollar vs CAD Chart |
1 Month US Dollar vs CAD Chart |