Canadian Dollar Updates and Currency Blog

Canadian Dollar Update, September 22, 2026 – Canadian Dollar submerging

Canadian Dollar submerging BoC Governor delivers neutral to hawkish comments Hopes for a deal to reopen Strait of Hormuz rise. US dollar opens steady but with a bid.   USDCAD...

Canadian Dollar Update, September 21, 2026 – Canadian Dollar is directionless

Canadian Dollar is directionless Trump offers to meet Iran President at UN Oil prices plunge to $92.71 US dollar opens on a mixed note but with an underlying bid  ...

Canadian Dollar Update, September 18, 2026 – Canadian Dollar trading poorly

Canadian Dollar trading poorly Greenback supported by Fed rate outlook Oil prices remain comfortable above $100/barrel US dollar opens mixed but rallies vs JPY despite BoJ rate hike.   USDCAD...

Canadian Dollar Update, September 17, 2026 – Canadian Dollar probing key support

Canadian Dollar probing key support FOMC hikes and turns hawkish Carney is speaking to EU parliament. US dollar rallied yesterday and consolidate gains overnight.   USDCAD open: 1.3995, overnight range...

Canadian Dollar Update, September 16, 2026 – Canadian Dollar drifting ahead of FOMC meeting

Canadian Dollar drifting ahead of FOMC meeting Oil prices retreat from recent peak but remain elevated. Fed expected to raise rates by 25 bps to 4.0% US dollar is trading...

Canadian Dollar Update, September 15, 2026 – Canadian Dollar treading water

Canadian Dollar treading water 10-year Treasury yield hits 5.04% before trickling lower Odds for Fed rate hike at 92%. US dollar has a risk aversion bid   USDCAD open: 1.3906,...

Canadian Dollar Update, September 10, 2026 – Canadian Dollar trading defensively

Canadian Dollar trading defensively Rising US Treasury yields undermining the Loonie Oil prices continue to climb US dollar trading with a modest bid in early NY trading   USDCAD open:...

Canadian Dollar Update, September 9, 2026 – Canadian Dollar shrugs off new tariffs

Canadian Dollar shrugs off new tariffs Trump levy’s more tariffs on Canada Iran and US escalate hostilities again US dollar opens mixed to lower   USDCAD open: 1.3777, overnight range...

Canadian Dollar Update, September 8, 2026 – Canadian Dollar flexes

Canadian Dollar flexes Iran and US escalation lifts oil prices US and Canada economic calendars are empty US dollar opens mixed after subdued overnight session.   USDCAD open: 1.3803, range...

FX Monthly Update – September 2026

Economic Outlook and Summary August began with markets hoping that the Iran ceasefire might still be salvageable. It ended with that hope gone. The June 14 truce had been fraying...