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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 near recent lows, with mixed signals affecting its direction.
CAD/TWD Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average and lacks a clear current driver.
CAD/THB Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average and lacks a clear driver.
CAD/SGD Outlook: Slightly positive, but likely to move sideways, given its position above the recent average and near recent highs.
CAD/PKR Outlook: The CAD/PKR outlook is slightly positive, but likely to move sideways, as the rate is above its recent average and near recent highs...
CAD/PHP Outlook: Slightly positive, but likely to move sideways as CAD is above the recent average but lacks a clear driver.
CAD/NZD Outlook: Bearish outlook as the rate is below its recent average and facing pressures from current market dynamics.
CAD/MYR Outlook: Slightly weaker, but likely to move sideways, as the rate is below its recent average and lacking a clear supporting driver.
CAD/MXN Outlook: Slightly weaker, but likely to move sideways, given that the rate is below its recent average and within mid-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: Slightly positive, but likely to move sideways due to the rate being above its recent average and facing mixed signals from key factors.
CAD/ILS Outlook: Slightly weaker, but likely to move sideways, as the rate is below its recent average and lacks a clear driver.
CAD/HKD Outlook: Likely to increase, as the rate is trading significantly above its recent average and is supported by rising oil prices.
CAD/GBP Outlook: Slightly positive, but likely to move sideways as CAD trades just above its recent average and is near recent highs.
CAD/EUR Outlook: The outlook for CAD/EUR is slightly positive, but likely to move sideways as it trades just above its recent average and near recent highs.
CAD/DKK Outlook: Slightly positive, but likely to move sideways as the CAD trades just above its recent average and near its 3-month highs without a clear driver.
CAD/CZK Outlook: Slightly positive, but likely to move sideways as the CAD trades just above its recent average but lacks a clear driver.
CAD/CNY Outlook: Slightly positive, but likely to move sideways, as the pair is trading above its recent average without a clear driver.
CAD/CLP Outlook: Bearish, as the rate is below its recent average and near recent lows.
CAD/CHF Outlook: Bearish, as the rate is below its recent average and fluctuating within stable limits.
CAD/BRL Outlook: Slightly weaker, but likely to move sideways, given its position below the recent average and mid-range trading behavior.
CAD/AUD Outlook: Bearish, as the pair is below its recent average and near recent lows amid growing pressures.
CAD/AED Outlook: The CAD/AED outlook is likely to increase, supported by its strong position above the recent average and near recent highs.
CAD/USD Outlook: Bullish, as the CAD is currently above its recent average and near 3-month highs, supported by rising oil prices.
AUD/CAD Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average yet lacks a clear driver.
EUR/CAD Outlook: Bearish, as the pair is below its recent average and near recent lows, driven by weak euro performance.
GBP/CAD Outlook: Bearish, as the rate is below its recent average and near recent lows, pressured by UK political uncertainty.
USD/CAD Outlook: Bearish, as the rate is below its recent average and near recent lows with pressure from weak U.
CHF/CAD Outlook: Slightly positive, but likely to move sideways as the rate is above its 90-day average and near recent highs without a clear driver.
AED/CAD Outlook: Slightly weaker, but likely to move sideways, given the rate is below its recent average and near recent lows.
NZD/CAD Outlook: Slightly positive, but likely to move sideways as the NZD is above its recent average but lacks a clear driver.
INR/CAD Outlook: Bearish, as the INR is below its recent average and facing significant downward pressures.
SGD/CAD Outlook: Slightly positive, but likely to move sideways, as the rate is near the recent average and mixed signals persist.