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The Canadian dollar (CAD) is a major global currency closely linked to commodities and US trade. This guide explains how it works and how to manage CAD FX costs.
Weekly currency market update—practical actions for SMBs, expats and travellers across AUD, CAD, GBP, NZD, SGD, USD, EUR and JPY
With the yen down sharply against major currencies, winter in Japan offers rare value on hotels, food, transport, and skiing. A rare currency tailwind for travellers.
Central banks are moving in different directions—Australia cuts, UK eases despite inflation, and the Fed faces political risks. Here’s what it means for exchange rates and transfer timing.
President Trump has raised U.S. tariffs to an average of 15.2%, targeting Canada, Asia, and Europe, as part of his push to reshape global trade. Markets and currencies reacted with caution amid rising uncertainty.
Global FX markets shifted in July as the USD gained on trade deals, the British pound climbed, and the Indian rupee weakened on tariff fears. Here’s what’s driving currencies now.
The Canadian dollar has defied political chaos and global headwinds to emerge as one of 2025’s unlikely winners. But with minority rule in Ottawa, soaring household debt, and a high-stakes U.S. election looming, the loonie’s fight for survival is just beginning.
The global currency landscape is experiencing notable shifts as the euro strengthens against major currencies, influenced by economic policies, geopolitical events, and fluctuating oil prices.
Economists are predicting that the Canadian dollar could rise this year.
The dollar has risen by nearly 20% against most currencies compared to this time last year.
Central Bank Chief's Removal Sets Stage for Currency Liberalization
The US dollar weakened due to fears surrounding regional banks, while the ECB offered a less hawkish than expected 25bp hike and the Swiss franc is in demand.
How can exchange rates affect the cost of a ski holiday? We look at tips for finding the best value locations for skiing, there are countries where skiing may be more affordable due to favourable exchange rates or lower costs of living.
As we approach mid-year a shift has taken place in currency markets with the narrative less about interest rates hikes and more risk-off worries about a possible coming recession.
Any curbs to Russian access to its foreign reserves could present a bigger blow to the Russian economy than the impact of a ban on Swift.
Canada is a vast country with a lot to see and do, so it's a good idea to spend some time planning your trip to make the most of your time there. Here are some things you might consider when planning a trip to Canada:
CHF/CAD Outlook: Slightly positive, but likely to move sideways as the rate is above its 90-day average and near recent highs without a clear driver.
AED/CAD Outlook: Slightly weaker, but likely to move sideways, given the rate is below its recent average and near recent lows.
NZD/CAD Outlook: Slightly positive, but likely to move sideways as the NZD is above its recent average but lacks a clear driver.
INR/CAD Outlook: Bearish, as the INR is below its recent average and facing significant downward pressures.
SGD/CAD Outlook: Slightly positive, but likely to move sideways, as the rate is near the recent average and mixed signals persist.
CAD/ZAR Outlook: Bearish, as the rate is below its recent average and near the lower end of its range, pressured by oil price movements and economic data.
CAD/TWD Outlook: Slightly positive, but likely to move sideways as the rate is above its recent average but lacks a clear driver.
CAD/THB Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average yet lacks a clear driver.
CAD/SGD Outlook: Slightly positive, but likely to move sideways, as the rate is near its recent average and lacks a clear driver.
CAD/PKR Outlook: Slightly weaker, but likely to move sideways, as CAD is currently near its 3-month average and 7-day lows.
CAD/PHP Outlook: Slightly weaker, but likely to move sideways, as the pair is near its 3-month average and lacks a clear driver.
CAD/NZD Outlook: Slightly weaker, but likely to move sideways, as the rate is below its recent average and lacks a clear driver.
CAD/MYR Outlook: Bearish, as the CAD is currently below its recent average and near recent lows, pressured by weak economic signals.
CAD/MXN Outlook: Bearish, as the rate is below its recent average and near recent lows, pressured by weak economic indicators.
CAD/JPY Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average without a clear driving factor.
CAD/INR Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average but lacks a clear driver.
CAD/ILS Outlook: Bearish, as the rate is below its recent average and near recent lows.
CAD/HKD Outlook: Slightly positive, but likely to move sideways as CAD is above its recent average, lacking clear drivers.
CAD/GBP Outlook: Slightly weaker, but likely to move sideways as the rate is below its recent average and within a stable range.
CAD/EUR Outlook: Slightly weaker, but likely to move sideways as it trades near the 90-day average and is at recent lows.
CAD/DKK Outlook: Slightly weaker, but likely to move sideways, as the CAD is near its recent average and lacks a clear driver.
CAD/CZK Outlook: Slightly weaker, but likely to move sideways, as the CAD is near its recent average and lacks a clear driver.
CAD/CNY Outlook: Slightly positive, but likely to move sideways, as the rate hovers near its 90-day average with limited clear drivers.
CAD/CLP Outlook: Bearish, due to trading below its recent 90-day average and near recent lows.
CAD/CHF Outlook: Bearish, as the rate is below its recent average and near recent lows, with pressures from oil prices and domestic economic performance.
CAD/BRL Outlook: Bearish, as the rate is below its recent average and near recent lows, pressured by current economic conditions.
CAD/AUD Outlook: Likely to decrease as CAD trades below its recent average and near lows, pressured by weak oil prices.
CAD/AED Outlook: Slightly positive, but likely to move sideways as the rate is above its recent average and lacks a clear driver.
CAD/USD Outlook: Slightly positive, but likely to move sideways, with the rate above its recent average without a clear driver.
AUD/CAD Outlook: The outlook for AUD/CAD is slightly positive, but likely to move sideways as the rate is above its recent average and near recent highs...
EUR/CAD Outlook: Slightly positive, but likely to move sideways as it hovers near its 90-day average and recent price range.
GBP/CAD Outlook: Slightly positive, but likely to move sideways, as it is above its recent average yet lacks a clear driver.
USD/CAD Outlook: Slightly weaker, but likely to move sideways, as the rate is below its recent average and showing no clear driving force.