CAD to AUD Forecast & Outlook
13 May 2026 • 00:25 GMT
📊 Forecast snapshot
- Near-term bias: 🔴 Mild downside
- Expected range: 0.9910 – 1.0080
- Dominant driver: ⚖️ Interest-rate differentials
- 3-month trend: ⚪ Range-bound
Currently, CAD/AUD is trading close to its 90-day lows near 1.0083, supported by divergence in monetary policy and risk-off sentiment. Over the next few sessions, the pair may remain supported but could face pressure if risk conditions ease or global risk appetite improves.
💸 Transfer implications
- Expats: sending money to Australia may find conditions slightly less favourable than recent levels.
- Travellers: buying AUD cash or loading currency cards might encounter limited gains in exchange rate support.
- Businesses: paying AUD invoices with CAD could see less favourable terms if the pair declines further.
🧭 Key drivers
- Rate gap: The RBA has hiked rates to 4.35%, widening the rate differential in favor of AUD.
- Risk/commodities: Risk-off sentiment remains dominant, pressuring risk-sensitive FX including CAD and AUD.
- Global factors: Safe-haven flows support currencies like USD and JPY, adding to pressure on the risk-sensitive AUD.
⚠️ What could change it
- Upside risk: A risk-on surge reducing safe-haven demand could support the pair.
- Downside risk: A shift in monetary policy or further risk aversion could push the pair lower.
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