Thursday, April 25, 2024


US Dollars (USD) v/s Canadian Dollar (CAD)
USD 1 buys 1.366 CAD

Index (Click on tabs to view details)

Currency Dashboard & Past Week

The US Dollars has fallen 0.38 Canadian cent (or 0.3%) from its last trading session of April 24, 2024 to close at CAD1.37.

Currency Dashboard


Trading CountryUSD: United States Of AmericaTrading CountryCAD: Canada
25 Apr, Close USD/CAD 1.366425 Apr, Close CAD/USD 0.7317
1-day change (%)USD down 0.2773%1-day change (%)CAD up 0.1367%
YTD change (%)USD up 3.0995%YTD change (%)CAD down 2.9819%
Relative Strength (6 mo)37.7Relative Strength (6 mo)60.3


+    The USD is down 0.8% against the CAD in the past week.
+    The exchange rate ranged between a low of 1.3662 on Tuesday, Apr 23 and a high of 1.375 on Friday, Apr 19.
DayUS DollarsClose (CAD)Change %Comment
ThursdayFalls vs the Canadian Dollars (CAD)1.3664-0.3Price fall on slipping relative strength
WednesdayIncreases vs the Canadian Dollars (CAD)1.37020.3Top Rise
TuesdayFalls vs the Canadian Dollars (CAD)1.3662-0.3Week-low of 1.3662
MondayFalls for a fourth consecutive day, a four-day fall of 0.8% vs the Canadian Dollars (CAD)1.3702-0.3Steepest Fall
FridayFalls vs the Canadian Dollars (CAD)1.375-0.1Week-high of 1.375

Today's Bearish Signals

Downtrend of USD vs CAD

Relative Strength (6 months) at 38 percentile:
- The USD/CAD has a 6-month relative strength of 38 in the market of 2,001 Currency Pairs means it has underperformed 62% of the global currency market.


Ongoing Bearish Parameters

Rank in the bottom 15% in the Currency Pairs market

DescriptionValueRank
1-week Price Change %-0.8In Bottom 15%



Annualised Period-based Total Shareholder Returns [TSR %]: The Worst Period with TSR < 3.1%

TSR %3 yrs
USD.CURR3



Present Value of CAD1000 Invested in the Past Year; The Worst Period with PVCAD1000 < 999

PVCAD1,0001 yr ago
USD/CADCAD998



Ongoing Bullish Parameters

Present Value of CAD1000 Invested in the Past [3 Mo, 3 Yrs]; The Best Periods with PVCAD1000 > 1,013

PVCAD1,0003 mo ago3 yrs ago
USD/CADCAD1,014CAD1,095



The Best Periods [3 Mo, 1 Yr, 3 Yrs] with Change % > 0.1

Change %QuarterYear3 Years
USD/CAD1.40.29.5



Currency Crossrates

Currency Crossrates Today's Snapshot for USD

USD1=155.628JPYJapanRises for a second consecutive day, a two-day rise of 0.5% vs the Japanese Yen (JPY)
USD1=17.2063MXNMexicoRises for a second consecutive day, a two-day rise of 1.4% vs the Mexican Peso (MXN)
USD1=1USDUnited States Of AmericaTrading vs the US Dollars (USD)
USD1=1.3595SGDSingaporeFalls vs the Singapore Dollars (SGD)
USD1=1.6813NZDNew ZealandFalls in 4 out of last 5 days vs the New Zealand Dollars (NZD)
USD1=0.9321EUREuropean UnionFalls vs the Euro (EUR)
USD1=10.9677NOKNorwayFalls vs the Norwegian Kroner (NOK)
USD1=0.9123CHFSwitzerlandFalls vs the Swiss Franc (CHF)
USD1=10.8873SEKSwedenRises for a second consecutive day, a two-day rise of 0.7% vs the Swedish Krona (SEK)
USD1=1.5335AUDAustraliaFalls in 4 out of last 5 days vs the Australian Dollars (AUD)
USD1=0.7992GBPUnited KingdomFalls vs the British Pound (GBP)
USD1=1.3664CADCanadaFalls vs the Canadian Dollars (CAD)
USD1=7.8281HKDHong KongFalls for a third consecutive day, a three-day fall of 0.1% vs the Hong Kong Dollars (HKD)
USD1=7.2409CNYChinaFalls vs the Chinese Yuan Renminbi (CNY)
USD1=1,372.7032KRWSouth KoreaFalls vs the South-Korean Won (KRW)



Currency Crossrates Today's Snapshot for CAD

CAD1=0.7317USDUnited States Of AmericaIncreases vs the US Dollars (USD)
CAD1=8.003NOKNorwayFalls for a fourth consecutive day, a four-day fall of 0.3% vs the Norwegian Kroner (NOK)
CAD1=0.682EUREuropean UnionFalls vs the Euro (EUR)
CAD1=5.7283HKDHong KongIncreases vs the Hong Kong Dollars (HKD)
CAD1=0.5847GBPUnited KingdomFalls vs the British Pound (GBP)
CAD1=1.12AUDAustraliaFalls in 4 out of last 5 days vs the Australian Dollars (AUD)
CAD1=7.9421SEKSwedenFalls vs the Swedish Krona (SEK)
CAD1=0.6679CHFSwitzerlandFalls vs the Swiss Franc (CHF)
CAD1=113.7909JPYJapanRises in 4 out of last 5 days vs the Japanese Yen (JPY)
CAD1=12.4885MXNMexicoIncreases 0.9% vs the Mexican Peso (MXN)
CAD1=1,005.2485KRWSouth KoreaIncreases vs the South-Korean Won (KRW)
CAD1=5.3019CNYChinaIncreases vs the Chinese Yuan Renminbi (CNY)
CAD1=1.227NZDNew ZealandFalls for a fourth consecutive day, a four-day fall of 0.6% vs the New Zealand Dollars (NZD)



Period-Based % Change

% Change of USD vs Currency Basket Period-Based

LastCountry1-day %1-week %1-Year %3-Yrs %
USD1=1.0USDUnited States Of America0.0---
USD1=7.241CNYChina-0.1-4.511.5
USD1=155.628JPYJapan0.20.716.544.2
USD1=0.932EUREuropean Union-0.3-0.82.312.8
USD1=1,372.703KRWSouth Korea-0.3-0.62.223.1
USD1=1.36SGDSingapore-0.2-0.21.62.5
USD1=1.681NZDNew Zealand-0.2-0.83.221.0
USD1=0.799GBPUnited Kingdom-0.4-0.6-0.811.0
USD1=1.534AUDAustralia-0.3-1.51.618.9
USD1=7.828HKDHong Kong---0.30.9
USD1=0.912CHFSwitzerland-0.3-2.3-0.1
USD1=1.366CADCanada-0.3-0.80.29.5
USD1=10.887SEKSweden0.1-0.75.529.9
USD1=10.968NOKNorway-0.2-0.82.632.3
USD1=17.206MXNMexico0.80.9-4.9-13.3



% Change of CAD vs Currency Basket Period-Based

In the past year the Canadian Dollar fell 0.5% against the US Dollars; in the past three years the Canadian Dollar fell 8.5% against the US Dollars.

LastCountry1-day %1-week %1-Year %3-Yrs %
CAD1=0.732USDUnited States Of America0.10.7-0.5-8.5
CAD1=5.302CNYChina0.10.84.12.1
CAD1=113.791JPYJapan0.51.315.431.8
CAD1=0.682EUREuropean Union-0.3-2.03.0
CAD1=1,005.249KRWSouth Korea0.10.42.112.6
CAD1=0.995SGDSingapore-0.51.2-6.3
CAD1=1.227NZDNew Zealand-0.4-0.22.810.2
CAD1=0.585GBPUnited Kingdom-0.50.2-1.11.3
CAD1=1.12AUDAustralia-0.3-0.91.28.4
CAD1=5.728HKDHong Kong0.10.7-0.8-7.7
CAD1=0.668CHFSwitzerland-0.10.82.2-8.7
CAD1=7.942SEKSweden-0.1-0.25.218.3
CAD1=8.003NOKNorway-0.2-0.22.720.5
CAD1=12.489MXNMexico0.90.5-5.6-21.3



Currency USD vs CAD

Year-on-Year Comparison USD/CAD (Trailing year - ended 25 Apr)

In the past 5 years, the USD/CAD has jumped 1.5% from 1.35 to 1.37, an average compound annual appreciation of the USD by 0.3%.
202420232022202120202019
Close1.371.361.281.251.411.35
% Change0.26.72.4-11.54.5


USD1 buys CAD 1.37 today: Appreciation of USD from 1.21 v/s CAD fifteen years ago
Last5 Yrs ago15 Yrs ago
USD/CAD1.371.351.21


Present Value of CAD1000 Invested in USD 5 years ago is CAD1,013
PVCAD1,0005 yrs ago
USD/CADCAD1,013



Macroeconomic Indicators

INDICATORPANAMA[USD]CANADA[CAD]
GDP YoY (%)3.4-
Interest rate (%)3.5-1.3
Inflation rate (%)3.82.9
Unemployment rate (%)-5.8-
Budget / (Deficit) to GDP ratio (%)-64.4
Current account / (Deficit) to GDP ratio (%)335.89-0.4
Debt to GDP ratio (%)-60.7



Credit Rating Summary: CANADA

Rating AgencyLong TermForeign CurrencyDescription
Moody'sAaa
S&PAAAExtremely strong capacity to meet financial commitments. Highest Rating.
FITCHAAAHighest credit quality: 'AAA' ratings denote the lowest expectation of default risk. This capacity is highly unlikely to be adversely affected by foreseeable events.
DAGONGAA+"AA" ratings denote expectations of very low default risk. It indicates that the issuer has a very strong capacity for payment of financial commitments. Although due to its relatively higher long-term risk, this capacity is not significantly vulnerable to any foreseeable event. The plus (+) sign shows relative standing within the major rating category.

UNITED STATES
Rating AgencyLong TermForeign CurrencyDescription
MOODYAaa
S&PAA+Very strong capacity to meet financial commitments. The plus (+) sign shows relative standing within the major rating category.
FITCHAAA Highest credit quality: 'AAA' ratings denote the lowest expectation of default risk. This capacity is highly unlikely to be adversely affected by foreseeable events.
DAGONGA-High Credit Quality: "A" ratings denote expectations of relatively low default risk. The capacity for payment of financial commitments is considered sufficient. However, this capacity may be more vulnerable than those of the higher ratings to adverse business or economic conditions due to any foreseeable event. The minus (-) sign shows relative standing within the major rating category.




Source: www.BuySellSignals.com