Stay updated with Canadian dollar tagged currency news, market trends, and exchange rate insights to make informed financial decisions.
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
AUD Bolstered by Jobs Report, NZD Dented by Risk-off Flows, EUR Lifted by Hawkish ECB, USD Relinquishes Gains, CAD Steady Amid Rising Oil Prices
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.
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.
Fears Chinese mega developer Evergrande’s collapse will spark a contagion event and the ongoing European gas crisis has hit confidence.
The exchange rate forecast for the NZD to CAD remains under pressure as geopolitical tensions and commodity price fluctuations influence both currencies.
The INR to CAD exchange rate is currently positioned near 0.016330, just 0.8% below its three-month average of 0.016462.
The SGD to CAD exchange rate is currently positioned at a 30-day high near 1.0634, maintaining stability within a narrow range of 3.3% between 1.0506 and 1.0851.