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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:
CAD/ZAR Outlook: Slightly weaker, but likely to move sideways as it trades below its recent average and is currently not driven by a single factor.
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 the 90-day average and near recent highs without a clear driver for further movement.
CAD/SGD Outlook: The outlook for CAD/SGD is slightly positive but likely to move sideways, as it is just above the 90-day average and within a stable range.
CAD/PKR Outlook: Slightly positive, but likely to move sideways as the rate is above its recent average and lacks a clear driver.
CAD/PHP Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average without a strong directional driver.
CAD/NZD Outlook: The outlook is likely to decrease, as the CAD is below its recent average and showing pressure from current developments.
CAD/MYR Outlook: Bearish, as the rate is below its recent average and near recent lows, pressured by the weak performance of the Canadian economy.
CAD/MXN Outlook: Slightly weaker, but likely to move sideways, as the rate is below its recent average and trading near recent lows.
CAD/JPY Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average and lacks a clear driver.
CAD/INR Outlook: Slightly positive, but likely to move sideways as the rate is above its recent average but lacks a significant driver to push it higher.
CAD/ILS Outlook: Likely to decrease, as the rate is below its recent average and near recent lows, weighed down by specific economic factors.
CAD/HKD Outlook: Slightly positive, but likely to move sideways as the rate is above its recent average and currently near the mid-range of its three-month movement.
CAD/GBP Outlook: Slightly weaker, but likely to move sideways, as the rate hovers just below its recent average and lacks a distinct driver.
CAD/EUR Outlook: Slightly positive, but likely to move sideways, as the rate is near its 90-day average and lacks a strong direction.
CAD/DKK Outlook: Slightly positive, but likely to move sideways, as the rate is near its recent average amid mixed influences.
CAD/CZK Outlook: Slightly positive, but likely to move sideways, as the rate is just above its recent average, lacking a clear driver.
CAD/CNY Outlook: Slightly positive, but likely to move sideways as the rate is above its recent average and within the middle of its 3-month range.
CAD/CLP Outlook: Slightly weaker, but likely to move sideways as the rate is below its recent average and lacks a clear driver.
CAD/CHF Outlook: Slightly weaker, but likely to move sideways, as the rate is currently below its recent average and near the lower end of its range.
CAD/BRL Outlook: Slightly positive, but likely to move sideways, as the rate is just below its recent average and lacks a strong driver.
CAD/AUD Outlook: Bearish, as the rate is below its recent average and near recent lows, impacted by economic pressures in Canada and Australia.
CAD/AED Outlook: Slightly positive, but likely to move sideways, as the CAD trades above its recent average but lacks a clear driver pushing it higher.
CAD/USD Outlook: The CAD is slightly positive, but likely to move sideways as it remains above its recent average and near the high end of its 3-month range.
AUD/CAD Outlook: Slightly positive, but likely to move sideways as the rate is above its recent average and lacks a clear driver.
EUR/CAD Outlook: Slightly positive, but likely to move sideways, given its position near the recent average within a stable range.
GBP/CAD Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average and lacks a clear driver.
USD/CAD Outlook: Slightly weaker, but likely to move sideways, as current trading is below its recent average and within the mid-range of the last three months.
CHF/CAD Outlook: Slightly positive, but likely to move sideways, as the rate remains above its recent average and is supported by distinct factors influencing both currencies.
AED/CAD Outlook: Slightly weaker, but likely to move sideways as the rate is below its recent average and lacks a clear driver for movement.
NZD/CAD Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average but lacks a clear driving force.
INR/CAD Outlook: Slightly weaker, but likely to move sideways as the rate is currently below its recent average and close to recent lows.
SGD/CAD Outlook: The SGD/CAD rate is likely to move sideways, sitting near its 90-day average and showing mixed signals amid conflicting economic factors.