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    CAD Market Update

    10 Aug 2026 • 00:28 GMT

    CAD/USD 0.7168

    The Canadian dollar remains stable against the US dollar, trading near 0.7168, with minor fluctuations within a narrow range, supported by steady oil prices and unchanged interest rates. Cautious market sentiment prevails as traders monitor oil trends and USMCA negotiations, with the overall outlook leaning slightly bearish due to central bank policy divergence.

    Forecast snapshot

    Quick CAD/USD forecast

    Near-term bias🔴 Mild downside
    Expected range0.7170 – 0.7310
    Dominant driver🏦 Central bank policy divergence
    3-month trend⚪ Range-bound
     

     

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