💱US Dollar/Canadian Dollar FX Spot Rate
USDCAD
▼ NegativeMonetaryrelevance
USD weakens on weaker ADP data, CAD firms on oil rebound
The Canadian Dollar strengthened against the US Dollar on Wednesday, with USD/CAD trading around 1.4040, down 0.14% on the day. The move came as the Canadian Dollar benefited from a rebound in Oil prices, while the US Dollar softened following weaker-than-expected ADP employment data.
USD weakens on weaker ADP data, CAD firms on oil rebound