Canadian Dollar Updates and Currency Blog

Ordering Foreign Currency from RBC: Full Step-By-Step Guide

Ordering foreign cash from your bank sounds simple. Log in, pick a currency, choose an amount, and pick it up at the branch a few days later. In practice, the...

Canadian Dollar Update, June 10, 2026 – Canadian Dollar treading water

Canadian Dollar treading water Bank of Canada expected to leave rates unchanged Oil prices consolidate yesterday’s losses despite ceasefire violations US dollar opens mixed to softer ahead of US inflation...

What Are the Fees for Receiving Money in Canada? Complete Guide

You checked your account and the deposit is smaller than expected. The sender confirmed the amount, the transfer went through, and yet hundreds of dollars are missing. This happens more...

Canadian Dollar Update, June 8, 2026 – Canadian Dollar consolidating Friday’s losses

Canadian Dollar consolidating Friday’s losses Widening CAD/US interest rate spreads weigh on Loonie. Oil prices rise on renewed Iran/Israel hostilities. US dollar giving back European gains in early NY trading....

Canadian Dollar Update, June 5, 2026 – Canadian Dollar in Payrolls Mode

Canadian Dollar in Payrolls Mode Canadian jobs report will be overshadowed by US NFP Oil prices ease US dollar opened with small losses after quiet overnight session   USDCAD open:...

Canadian Dollar Update, June 4, 2026 – Canadian Dollar putting up a fight

Canadian Dollar putting up a fight Global risk sentiment ebbs and flows Weekly US jobless claims and Challenger job cuts on tap US dollar traded firm overnight but gave back...

FX Monthly Update – June 2026

May Recap: Ceasefire Rumours and a Stubborn Fed May was the month the Strait of Hormuz dominated every asset class, every headline, and every trading desk. The Iran war that...

Canadian Dollar Update, June 3, 2026 – Canadian Dollar trading with bearish bias

Canadian Dollar trading with bearish bias Iran and US violate ceasefire-again. Oil prices surge and risk sentiment sours. US dollar in demand in early NY trading.   USDCAD open: 1.3857,...

Canadian Dollar Update, June 2, 2026 – Canadian Dollar playing defense

Canadian Dollar playing defense Risk sentiment improves on renewed talk of Iran/US ceasefire Oil prices slip from session peak US dollar opens mixed but inches higher in early trading  ...

Canadian Dollar Update, June 1, 2026 – Canadian Dollar remains stuck in a rut

Canadian Dollar remains stuck in a rut US and Iran violate ceasefire Oil prices surge, risk sentiment soured US dollar catches a bid on safe-haven demand   USDCAD open: 1.3817,...