CAD to AUD Forecast & Outlook
13 Aug 2026 • 00:26 GMT
Quick CAD/AUD forecast
Currently, CAD/AUD is trading near its 3-month average at 1.0154 within a stable range. The pair’s recent move is influenced by global risk sentiment and trade uncertainties, with risk-off conditions supporting safe-haven currencies. Over the next few sessions, the pair may face pressure if risk-off conditions persist, maintaining a downside bias within its recent range.
💸 Transfer implications
- Expatriates sending money to Australia may find conditions slightly less favourable than recent levels.
- Travellers: exchanging currency could encounter marginally weaker Australian Dollar rates.
- Businesses: paying overseas invoices in AUD might see less advantageous conversions compared to recent periods.
🧭 Key drivers
- Rate gap: The Canadian dollar’s policy stance remains unclear, but a neutral or slightly easing bias pressures the pair.
- Risk/commodities: Risk-off sentiment supports the Canadian dollar while AUD remains sensitive to US interest rate expectations and geopolitical risks.
- Global factors: Oil prices, a key driver of the Canadian dollar, continue to influence the pair’s direction amid trade uncertainty.
⚠️ What could change it
- Upside risk: A potential easing in risk-off sentiment or a shift in global trade conditions.
- Downside risk: Increased geopolitical tensions or a sharp decline in oil prices could weaken the Canadian dollar further.
BER suggests comparing FX providers to help offset less favourable exchange conditions and potentially reduce total transfer costs.