Canadian Dollar Updates and Currency Blog

Canadian Dollar Update, July 6, 2026 – Canadian Dollar trading negatively

Canadian Dollar trading negatively Trump heads to NATO Summit in Turkey Opec announces another production increase US dollar opens with a bid tone   USDCAD open: 1.4229, overnight range 1.4191-1.4232,...

Canadian Dollar Update, July 3, 2026 – Canadian Dollar could rally further

Canadian Dollar could rally further US markets closed-expect quiet trading, thin markets. Fed rate hike speculation pushed downstream. US dollar opens mixed to modestly lower USDCAD open: 1.4196, overnight range...

Canadian Dollar Update, June 30, 2026 – Canadian Dollar weighed down

Canadian Dollar weighed down Canada GDP data unlikely to support Loonie. US and Iran resume talks in Qatar US dollar trading with a bit of a bid in early NY.   USDCAD open: 1.4236, overnight range 1.4200-1.4040, close...

Canadian Dollar Update, June 29, 2026 – Canadian Dollar idling

Canadian Dollar idling Markets trading cautiously ahead of major data this week Oil prices shrug off latest Iran/US news US dollar trading with a bit of a bid in early...

Canadian Dollar Update, June 26, 2026 – Canadian Dollar attempting to rally

Canadian Dollar attempting to rally Tame US PCE knocks US dollar lower Oil prices retreat despite Iran attack on Taiwan ship US dollar opens lower against the majors   USDCAD...

Canadian Dollar Update, June 24, 2026 – Canadian Dollar extends losses

Canadian Dollar extends losses Tech stock sell-off sparks safe-haven demand for US dollars Oil prices slide with Strait of Hormuz opening US dollar rises against G-10 majors   USDCAD open:...

Canadian Dollar Update, June 23, 2026 – Canadian Dollar still sliding

Canadian Dollar still sliding Widening CAD/US interest rate spreads weighing on Loonie Tech stock weakness sparks safe-haven demand for US dollars US dollar continues to grind higher   USDCAD open:...

Canadian Dollar Update, June 22, 2026 – Canadian Dollar breaking down

Canadian Dollar breaking down UK Prime Minister announces his resignation US dollar extends gains but opens below its overnight peak   USDCAD open: 1.4173, overnight range 1.4165-1.4194, close 1.4155, WTI...

Canadian Dollar Update, June 19, 2026 – Canadian Dollar under pressure

Canadian Dollar under pressure Iran/and US talks in Switzerland have been postponed US Markets closed today US dollar extends gains on safe-haven demand   USDCAD open: 1.4141, overnight range 1.4129-1.4160,...

Canadian Dollar Update, June 18, 2026 – Canadian Dollar jumps into the abyss

Canadian Dollar jumps into the abyss FOMC result deemed hawkish-Fed rate hike expected in September Oil prices consolidating losses as oil tankers traverse the Strait of Hormuz US dollar rallies...