FOREX TradingCharts.com

Forex News: Canadian Dollar Strengthens Amid Risk Appetite

Canadian Dollar Strengthens Amid Risk Appetite

07/14/2025 - 17:02:00 (RTTNews)

(RTTNews) - The Canadian dollar advanced against its most major counterparts in the New York session on Monday, as investors shrugged off tariff threats from President Donald Trump over the weekend.

Trump announced 30 percent tariffs on imports from the European Union and Mexico starting August 1.

However, both countries indicated willingness to negotiate with the Trump administration to avoid escalation of trade war.

Traders awaited data on inflation and retail sales scheduled to be released this week.

The loonie climbed to a fresh 5-month high of 107.91 against the yen and a 4-day high of 0.8962 against the aussie. The loonie is seen finding resistance around 110.00 against the yen and 0.88 against the aussie.

The loonie rose back to 1.5968 against the euro. This may be compared to an early 10-day high of 1.5963. The loonie may challenge resistance around the 1.55 level.

In contrast, the loonie weakened to 1.3708 against the greenback. If the currency falls further, it is likely to test support around the 1.40 level.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT FOREX and ECONOMIC NEWS STORIES


Canadian Dollar Strengthens Amid Risk Appetite (05 hr(s), 05 min(s), 51 sec(s) ago)
(RTTNews) - The Canadian dollar advanced against its most major counterparts in the New York sessi ...Full Story»

Pound Falls As Traders Speculate BoE Rate Cut Decision (14 hr(s), 14 min(s), 51 sec(s) ago)
(RTTNews) - The British pound weakened against other major currencies in the European session on M ...Full Story»

Dollar Rebounds As Trade War Escalates (14 hr(s), 38 min(s), 51 sec(s) ago)
(RTTNews) - A steep escalation in the trade related tensions between the U.S. and its trade partne ...Full Story»

Pound Falls Against Majors (14 hr(s), 41 min(s), 51 sec(s) ago)
(RTTNews) - The British pound weakened against other major currencies in the European session on M ...Full Story»

NZ Dollar Falls As European Stocks Traded Lower (16 hr(s), 44 min(s), 51 sec(s) ago)
(RTTNews) - The New Zealand dollar weakened against other major currencies in the early European s ...Full Story»

NZ Dollar Falls Against Majors (17 hr(s), 47 min(s), 51 sec(s) ago)
(RTTNews) - The New Zealand dollar weakened against other major currencies in the early European s ...Full Story»

Canadian Dollar Eases Against Most Majors (04 hr(s), 35 min(s), 50 sec(s) ago)
(RTTNews) - The Canadian dollar retreated against its most major counterparts in the New York sess ...Full Story»

Pound Falls As U.K. Economy Contracts For Second Straight Month (13 hr(s), 32 min(s), 51 sec(s) ago)
(RTTNews) - The British pound weakened against other major currencies in the European session on F ...Full Story»

Search

FOREX NEWS

Canadian Dollar Strengthens Amid Risk Appetite

07/14/2025 - 17:02 PM (RTTNews)
(RTTNews) - The Canadian dollar advanced against its most major counterparts in the New York sessi ...Full Story>>

Pound Falls As Traders Speculate BoE Rate Cut Decision

07/14/2025 - 07:53 AM (RTTNews)
(RTTNews) - The British pound weakened against other major currencies in the European session on M ...Full Story>>

Dollar Rebounds As Trade War Escalates

07/14/2025 - 07:27 AM (RTTNews)
(RTTNews) - A steep escalation in the trade related tensions between the U.S. and its trade partne ...Full Story>>

Pound Falls Against Majors

07/14/2025 - 07:26 AM (RTTNews)
(RTTNews) - The British pound weakened against other major currencies in the European session on M ...Full Story>>

NZ Dollar Falls As European Stocks Traded Lower

07/14/2025 - 05:23 AM (RTTNews)
(RTTNews) - The New Zealand dollar weakened against other major currencies in the early European s ...Full Story>>

Do not sell my personal information

Copyright © 2025. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.