Canadian Dollar Updates and Currency Blog

Can Visitors Open a Bank Account in Canada? What to Know

You arrive in Canada to study, with a foreign passport in your bag and a long list of things to set up. Near the top is a bank account to...

Canadian Dollar Update, July 14, 2026 – Canadian Dollar giving back some overnight gains

Canadian Dollar giving back some overnight gains US and Iran renew attacks. Oil prices spike US inflation data on tap US is clawing back some overnight losses   USDCAD open:...

Canadian Dollar Update, July 13, 2026 – Canadian Dollar ticking higher

Canadian Dollar ticking higher Traders ignoring latest flare-up between US and Iran Markets are looking ahead to US inflation numbers Tuesday and Wednesday US opens a tad lower in NY...

The Best Ways to Buy U.S. Dollars in Canada

If you head south every winter or pay for property, healthcare, or seasonal living costs in the United States, you don’t buy U.S. dollars once. You buy them again and...

Canadian Dollar Update, July 10, 2026 – Canadian Dollar scratching out gains

Canadian Dollar scratching out gains. Risk sentiment improves slightly WTI extends losses on talk of renewed US and Iran dialogue US dollar ending the week with losses across the board...

Canadian Dollar Update, July 9, 2026 – Canadian Dollar trading sideways

Canadian Dollar trading sideways Markets shrugging off latest US-Iran hostilities WTI retreats from yesterday’s peak US dollar is trading on a mixed to flat note.   USDCAD open: 1.4179, overnight...

Canadian Dollar Update, July 8, 2026 – Canadian Dollar Bounces on oil

Canadian Dollar Bounces on oil WTI spikes over 6.0% US dollar rises on safe-haven demand   USDCAD open: 1.4160, overnight range 1.4155-1.4209, close 1.4202, WTI 74.84, Gold 4,043.90 The Canadian...

FX Monthly Update – July 2026

Economic Outlook and Summary June closed with the Iran ceasefire holding, but it has done little to deliver the “return to normal” promised in the headlines. The February 28 outbreak...

Canadian Dollar Update, July 7, 2026 – Canadian Dollar steady

Canadian Dollar steady Iran attacks tanker in Strait of Hormuz-No reaction from US Saudi’s slash crude prices for Asian buyers US dollar opens with modest gains across the board  ...

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,...