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Canadian Dollar Forecast: USD/CAD Tanks into the Big Picture Range

USD/CAD is working on its largest sell-off in more than four years and the pair is back in the long-term range that's been in-play since 2016.
Date: 11.04.2025  |  Source: forex.com
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Quotes

Instrument Price Change (%)
EURUSD 1.142780 +0.038964%
GBPUSD 1.350090 -0.37281%
USDJPY 144.936000 +0.27328%
XAUUSD 3326.910000 +0.11721%
USDCAD 1.366910 -0.20952%
NZDUSD 0.605360 -0.000582%
USDCHF 0.822060 +0.071822%
AUDUSD 0.652340 +0.068956%
EURGBP 0.846410 +0.43787%
EURJPY 165.633000 +0.33377%
GBPJPY 195.670000 -0.086806%
AUDJPY 94.545000 +0.38116%
CADJPY 106.023000 +0.48811%
CHFJPY 176.268000 +0.20978%
NZDJPY 87.742000 +0.42463%
GBPCHF 1.109860 -0.29824%
EURCHF 0.939450 +0.12363%
USDMXN 19.058670 +0.1636%
USDZAR 17.690900 -0.17154%
USDTRY 39.174840 +0.064471%
USDRUB 78.494400 +0.018986%
USDSEK 9.593560 +0.019081%
USDCNY 7.186500 +0.094711%

Upcoming Important Events

Time Country Event Forecast Previous
11.06.2025
12:30 🇺🇸 Core Inflation Rate MoM (May) 0.3 0.2
12:30 🇺🇸 Core Inflation Rate YoY (May) 2.9 2.8
12:30 🇺🇸 CPI (May) 321.9 320.795
12:30 🇺🇸 CPI s.a (May) 321.6 320.321
12:30 🇺🇸 Inflation Rate MoM (May) 0.2 0.2
12:30 🇺🇸 Inflation Rate YoY (May) 2.5 2.3
12.06.2025
06:00 🇬🇧 Goods Trade Balance (Apr) -20.5 -19.87
06:00 🇬🇧 Goods Trade Balance Non-EU (Apr) -7.3 -6.83
06:00 🇬🇧 Gross Domestic Product MoM (Apr) -0.1 0.2
12:00 🇪🇺 ECB Guindos Speech