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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 the rate is below its recent average and facing some pressure from economic factors.
CAD/TWD Outlook: The outlook for the Canadian Dollar against the New Taiwan Dollar is slightly positive, as it is currently above its recent average and...
CAD/THB Outlook: Slightly weaker, but likely to move sideways due to the rate's position below its recent average and recent highs.
CAD/SGD Outlook: Slightly positive, but likely to move sideways as the rate is just below its recent average and near recent highs without a strong driver in either direction.
CAD/PKR Outlook: Slightly positive, but likely to move sideways as the rate is near its recent average and lacks a clear driver.
CAD/PHP Outlook: The CAD/PHP exchange rate is slightly positive, but likely to move sideways, as it is above its recent average and lacks a clear driver for sustained movement.
CAD/NZD Outlook: Slightly weaker, but likely to move sideways, as the rate is below its recent average and lacks a clear driver for a change.
CAD/MYR Outlook: Bearish, as the CAD is below its recent average and near recent lows, pressured primarily by oil price fluctuations.
CAD/MXN Outlook: Slightly weaker, but likely to move sideways, as the rate is below its recent average and exhibiting stable movements within its 3-month range.
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: Likely to increase, as the exchange rate is above its recent average and near recent highs, primarily driven by commodity trends.
CAD/ILS Outlook: Slightly weaker, but likely to move sideways as the rate remains below its recent average and in a stable range.
CAD/HKD Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average and lacks a clear driver.
CAD/GBP Outlook: Slightly weaker, but likely to move sideways due to the rate being below the recent average and close to the low end of its 3-month range.
CAD/EUR Outlook: Slightly weaker, but likely to move sideways, as the rate is near recent lows and below its recent average without a clear driver influencing movement.
CAD/DKK Outlook: The outlook for CAD/DKK is slightly weaker, but likely to move sideways, as the rate is near its recent average and trading at 30-day lows.
CAD/CZK Outlook: Slightly weaker, but likely to move sideways, as the rate is close to its recent average and lacks clear drivers for significant movement.
CAD/CNY Outlook: Slightly positive, but likely to move sideways, as the rate is above the recent average but lacks a clear driver.
CAD/CLP Outlook: Slightly weaker, but likely to move sideways, as the rate has been trading below its recent average and lacks a clear driver to propel it higher.
CAD/CHF Outlook: Slightly weaker, but likely to move sideways; the Canadian dollar is trading below its recent average and near recent lows, facing pressure...
CAD/BRL Outlook: Slightly positive, but likely to move sideways as the pair trades near its recent average and lacks a clear driver.
CAD/AUD Outlook: Bearish, as the CAD is currently trading well below its recent average and is near recent lows, pressured by domestic inflation and trade policy uncertainty.
CAD/AED Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average but lacks a clear catalyst for significant movement.
CAD/USD Outlook: Slightly positive, but likely to move sideways as the rate trades just above its average and lacks a clear driver.
AUD/CAD Outlook: Slightly positive, but likely to move sideways, as the rate is above its 90-day average but lacks a compelling driver for further movement.
EUR/CAD Outlook: Slightly positive, but likely to move sideways, remaining just above its recent average but lacking a clear driver for significant movement.
GBP/CAD Outlook: Slightly positive, but likely to move sideways, as the rate is just above its recent average but lacks a clear driving factor.
USD/CAD Outlook: The outlook is slightly weaker, but likely to move sideways as the rate is near recent lows and below its 90-day average.
Bias: Bearish-to-range-bound, as the CHF is currently just below the 90-day average and within the lower half of the 3-month range.
Bias: The current performance of AED/CAD is bullish-to-range-bound, as it is near the 90-day average and in the upper half of the 3-month range.
Bias: The NZD/CAD is currently bullish-to-range-bound, as it's trading just above the 90-day average and within the upper half of the three-month range.
Bias: bearish-to-range-bound, as the INR is currently below the 90-day average and in the lower half of its 3-month range.
Bias: The SGD/CAD pair is currently bullish-to-range-bound, being above the 90-day average and positioned in the upper half of the 3-month range.