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Trade News

Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.


USD/CAD - Canadian Dollar Consolidates Losses

Friday, May 28, 2021 > 11:18:53


The Canadian dollar consolidated yesterday’s losses in a USD/CAD range of $1.2104-$1.2140 overnight, before dropping to $1.2092 in New York trading.

The overnight session was uneventful. The major Asia equity indexes closed modestly lower except for Australia’s ASX 200, which was unchanged. European bourses are mixed. The FTSE 100 is flat, the German DXA is lower, and the French CAC slightly higher. S&P 500 and Dow Jones Industrial Average futures are in negative territory. Gold and oil prices are trading with small losses. FX markets traded sideways.


Read more here 

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