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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 recent average and near its 3-month highs, but lacks a clear...
AED/CAD Outlook: Slightly weaker, but likely to move sideways, as the rate is below its recent average and near the mid-range of the last three months.
NZD/CAD Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average and lacks a clear driver.
INR/CAD Outlook: Bearish, as the INR continues to trade below its recent average and near recent lows, pressured by various domestic challenges.
SGD/CAD Outlook: Slightly positive, but likely to move sideways, as the rate is just above its recent average and lacks a clear driver.
CAD/ZAR Outlook: Bearish, as the pair is currently below its recent average and near recent lows, pressured by current fundamentals.
CAD/TWD Outlook: Slightly positive, but likely to move sideways due to its position above the 90-day average without a clear driver.
CAD/THB Outlook: Slightly weaker, but likely to move sideways as the rate is currently below its recent average and trading near recent lows.
CAD/SGD Outlook: Slightly weaker, but likely to move sideways as the rate is below its recent average and in the mid-range.
CAD/PKR Outlook: Slightly positive, but likely to move sideways, as the CAD is trading above its recent average but lacks a strong driver.
CAD/PHP Outlook: Bearish as the CAD is below its recent average and near recent lows, pressured by soft oil prices and trade tensions.
CAD/NZD Outlook: Bearish, as the rate is below its recent average and near recent lows, influenced by Canadian geopolitical tensions.
CAD/MYR Outlook: Slightly weaker, but likely to move sideways as the rate is below its recent average and fluctuating within mid-range.
CAD/MXN Outlook: Bearish, as the CAD is below its recent average and near recent lows, pressured by escalating US-Canada tensions.
CAD/JPY Outlook: Bearish, as the rate is below its recent average and approaching recent lows.
CAD/INR Outlook: Slightly positive, but likely to move sideways as the rate is above its recent average, lacking a strong driver.
CAD/ILS Outlook: Bearish, as the pair is below its recent average and near recent lows, weighed down by trade tensions and oil price dynamics.
CAD/HKD Outlook: Slightly positive, but likely to move sideways given the rate is above its recent average but lacks a clear driver.
CAD/GBP Outlook: Slightly weaker, but likely to move sideways, as the rate is below its recent average and lacks a clear driver.
CAD/EUR Outlook: Slightly positive, but likely to move sideways, as the rate is near its recent average and lacks a clear driver.
CAD/DKK Outlook: Slightly positive, but likely to move sideways, as the rate is near its recent average with no strong current driver.
CAD/CZK Outlook: Slightly positive, but likely to move sideways, as the rate is near its recent average and lacks a clear driver.
CAD/CNY Outlook: The outlook is likely to move sideways as the rate is near its recent average and lacks a clear driver.
CAD/CLP Outlook: Slightly weaker, but likely to move sideways as the rate is below its recent average and near the lower end of its three-month range.
CAD/CHF Outlook: Bearish, as the CAD is below its recent average and near recent lows due to increased tensions impacting trade and the economy.
CAD/BRL Outlook: Slightly weaker, but likely to move sideways as the rate is below its recent average and hasn’t shown a clear driver for movement.
CAD/AUD Outlook: Slightly weaker, but likely to move sideways, as CAD is below its recent average and lacks a clear driver.
CAD/AED Outlook: Slightly positive, but likely to move sideways due to the CAD trading above its recent average and lacking a clear driver for significant movement.
CAD/USD Outlook: Slightly positive, but likely to move sideways as the rate is above its recent average and lacks a clear driver.
AUD/CAD Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average but lacks a clear driver.
EUR/CAD Outlook: Slightly positive, but likely to move sideways as the rate is near its 90-day average and lacks a clear driving force.
GBP/CAD Outlook: Slightly positive, but likely to move sideways as the rate is just above its recent average and lacks a clear driver.
USD/CAD Outlook: Slightly weaker, but likely to move sideways, as the rate is below its recent average and shows mixed signals.