Canada Forex Today: Canadian Dollar ahead of CPI release
The pair found support around 1.3820 on Monday and is attempting to rebound. But the movement remains timid, and a wait-and-see attitude is prevailing.
On the 4-hour chart, USD/CAD is evolving within a triangle of uncertainty, with a trendless 100-period moving average reinforcing the wait-and-see sentiment.
An exit from this triangle, whose limits currently lie at 1.3790 and 1.3885, will be decisive for the pair’s next short-term trend. This week’s CPI release and BoC meeting will most likely play an important role in shaping this trend.
Canadian Dollar Price Today
The table below shows the percentage change of Canadian Dollar (CAD) against listed major currencies today. Canadian Dollar was the strongest against the US Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.21% | -0.25% | -0.15% | -0.20% | -0.24% | -0.17% | -0.21% | |
| EUR | 0.21% | -0.02% | -0.02% | 0.00% | 0.00% | -0.00% | -0.01% | |
| GBP | 0.25% | 0.02% | 0.08% | 0.03% | 0.02% | 0.02% | -0.10% | |
| JPY | 0.15% | 0.02% | -0.08% | -0.08% | -0.05% | -0.03% | -0.05% | |
| CAD | 0.20% | -0.01% | -0.03% | 0.08% | 0.07% | -0.01% | -0.13% | |
| AUD | 0.24% | -0.00% | -0.02% | 0.05% | -0.07% | -0.01% | -0.04% | |
| NZD | 0.17% | 0.00% | -0.02% | 0.03% | 0.00% | 0.00% | -0.11% | |
| CHF | 0.21% | 0.00% | 0.10% | 0.05% | 0.13% | 0.04% | 0.11% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Canadian Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent CAD (base)/USD (quote).