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On C$10,000 CAD, specialists are often 5-6% better than bank rates - Saving you around C$500-C$600

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Latest Market Update

 

CAD Market Update

23 Jun 2026 • 00:27 GMT

CAD/USD 0.7060

The Canadian dollar remains near its 90-day lows against the US dollar, pressured by falling oil prices amid easing Middle East tensions and higher Iranian exports. While recent inflation data supported some strength, weaker oil markets and US dollar resilience are weighing on CAD, pointing to a cautious outlook as traders monitor oil and US economic signals.

📊 Quick forecast view

🔴 Mild downside

0.6940 – 0.7060

⚖️ Interest-rate differentials

🔴 Downtrend

 

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