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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

29 Jun 2026 • 00:27 GMT

CAD/USD 0.7046

The Canadian dollar remains softer against the US dollar, trading at roughly 0.7046, reflecting ongoing US dollar strength driven by global risk sentiment and expectations of higher US interest rates. While holding steady against other currencies, the CAD's overall outlook is bearish, influenced by global uncertainties and subdued oil prices.

📊 Quick forecast view

🔴 Mild downside

0.6900 – 0.7050

🌍 Global risk sentiment

⚪ Range-bound

 

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