Canadian Dollar Updates and Currency Blog

Canadian Dollar Update, October 30, 2026 – Canadian Dollar Extends Gains

Canadian Dollar Extends Gains   Narrowing CAD/US interest rate spreads boost Canadian dollar Canada’s August GDP is expected at 0.2% m/m compared to 0% in July US dollar continues to...

Canadian Dollar Update, October 29, 2026 – Canadian Dollar Rallies Hard

Canadian Dollar Rallies Hard   Fed leaves rates unchanged, BoC hikes US GDP and PCE price index numbers ahead. US dollar opens on the defensive after Fed deemed dovish  ...

Canadian Dollar Update, October 28, 2026 – Canadian Dollar awaiting BoC decision

Canadian Dollar awaiting BoC decision   BoC expected to hike by 25 bps to 2.75% Fed expected to leave rates unchanged at 4.00% US dollar trading with a mild bid...

Canadian Dollar Update, October 27, 2026 – Canadian Dollar on hold

Canadian Dollar on hold   FX markets marking time ahead of BoC and Fed rate decisions, Wednesday Oil prices are steady but firm US dollar trading with a small bid....

Canadian Dollar Update, October 23, 2026 – Canadian Dollar attempting a break out

Canadian Dollar attempting a break out US Treasury yields consolidating recent losses. Oil prices rise on increased US/Iran tensions US dollar trading defensively   USDCAD open (6:00 am): 1.4003, overnight...

Canadian Dollar Update, October 22, 2026 – Canadian Dollar rally stalls

Canadian Dollar rally stalls Equity sell-off weighs on greenback Treasury yields fall and oil prices remain steady US dollar is trading with losses across the board.   USDCAD open (6:00...

Canadian Dollar Update, October 21, 2026 – Canadian Dollar grinding out gains

Canadian Dollar grinding out gains Oil price are steady but bid as Iran/US talks stall US and Canadian data calendars are empty today. US dollar opened mixed to steady. USDCAD...

Canadian Dollar Update, October 20, 2026 – Canadian Dollar continues to inch higher

Canadian Dollar continues to inch higher Oil prices rise as with Iran and US tensions. Treasury yields remain soft, but inching up from session lows US dollar opened with losses...

Canadian Dollar Update, October 19, 2026 – Canadian Dollar extends gains

Canadian Dollar extends gains Trump waives sanctions on Russia oil Treasury yields consolidating losses US dollar continues to trade defensively   USDCAD open (6:00 am): 1.4096, overnight range 1.4088-1.4135, close...

Canadian Dollar Update, October 16, 2026 – Canadian Dollar in rally mode

Canadian Dollar in rally mode Fed rate hike odds in October are fading away Oil prices remain firm due to ongoing Middle East tensions US dollar sliding against G-10 majors....