Canadian Dollar Updates and Currency Blog

Best Bank for Currency Exchange in Canada: Compare Rates and Fees

Most Canadians assume their bank gives them a fair deal on currency exchange. It doesn’t. Every time you convert Canadian dollars (CAD) to USD, euros, or pounds sterling, your bank...

How to Get the Best Exchange Rates in Canada: Top Banks Compared

Every year, Canadians lose hundreds of millions of dollars to bank exchange rate markups they never see coming. If you’ve ever sent money abroad, exchanged for foreign cash, or supported...

Canadian Dollar Update May 15, 2026 – Canadian Dollar Drops as Risk Aversion Rises

Canadian Dollar Drops as Risk Aversion Rises Trump’s China tour hardly a resounding success Treasury yields soar driving greenback higher The US dollar rises on renewed negative risk sentiment  ...

Canadian Dollar Update, May 14, 2026 – Canadian Dollar treading water

Canadian Dollar treading water Trump/Xi Jinping meeting rather tame, so far BoC reiterates that it is data dependent. The US dollar opens with a modest bid after a quiet overnight...

Canadian Dollar Update, May 13, 2026 – Canadian Dollar treading water

Canadian Dollar treading water Market attention shifts from Iran to China Oil prices inch higher The US dollar opens mixed to firmer in early NY trading   USDCAD open: 1.3702,...

Canadian Dollar Update, May 12, 2026 – Canadian Dollar slowly sinks

Canadian Dollar slowly sinks Global markets revert to “risk off” Trump says US and Iran ceasefire is on life support. The US dollar opens books gains across the board  ...

Canadian Dollar Update, May 11, 2026 – Canadian Dollar finds its footing

Canadian Dollar finds its footing Oil prices rise after Trump rejects Iran counter proposal China’s Trade surplus widens The US dollar opens slightly firmer against the majors   USDCAD open:...

Canadian Dollar Update, May 8, 2026 – Canadian Dollar awaiting US and Canada Employment data

US and Iran ceasefire is fragile but still holding. US NFP likely overshadowed by inflation fears. The US dollar traded softer on improved risk sentiment.   USDCAD open: 1.3647, overnight...

Canadian Dollar Update, May 7, 2026 – Canadian Dollar Adrift

Traders tempering optimism around Iran peace deal Oil prices consolidating losses The US dollar trading slightly lower against the majors.   USDCAD open: 1.3590, overnight range 1.3578-1.3623, close 1.3620, WTI...

Canadian Dollar Update, May 6, 2026 – Canadian Dollar Lags Risk-On Rally

Canadian Dollar Lags Risk-On Rally Trump pauses Operation Freedom-says deal is close Axios reports a US and Iran MOU close to being signed The US dollar plunges across the board...