USD CAD

USD/CAD News & Analysis

Live updates, breaking news, and economic events affecting the dollar loonie exchange rate. Last updated: 18 Apr 2026, 17:13 GMT

Current USD/CAD Rate

Upcoming Events (Next 7 Days)

CPI HIGH IMPACT
20 Apr 2026, 12:30 GMT
Inflation Rate HIGH IMPACT
20 Apr 2026, 12:30 GMT • Forecast: 1%
Core Inflation Rate HIGH IMPACT
20 Apr 2026, 12:30 GMT • Forecast: 0.3%
BoC Interest Rate Decision HIGH IMPACT
20 Apr 2026, 13:45 GMT
Retail Sales MEDIUM IMPACT
21 Apr 2026, 12:30 GMT • Forecast: 2.4
Retail Sales Ex Gas/Autos MEDIUM IMPACT
21 Apr 2026, 12:30 GMT • Forecast: 0.6
Retail Sales Ex Autos MEDIUM IMPACT
21 Apr 2026, 12:30 GMT • Forecast: 0.3
Chicago Fed National Activity Index HIGH IMPACT
23 Apr 2026, 12:30 GMT • Forecast: 0.2
Producer Price Index MEDIUM IMPACT
23 Apr 2026, 12:30 GMT • Forecast: 6.5
S&P Global Composite PMI HIGH IMPACT
23 Apr 2026, 13:45 GMT • Forecast: 49.9

High Impact News (Last 24 Hours)

Latest USD/CAD News

FXStreet Forex 17 Apr 2026, 19:26 GMT MEDIUM IMPACT
DBS Group Research expects the People’s Bank of China (PBoC) to keep the 1-year Loan Prime Rate at 3.00% as Chinese growth has firmed and price dynamics improved. The report notes external demand is supporting industrial activity while domestic momentum is uneven.
FXStreet Forex 17 Apr 2026, 19:20 GMT MEDIUM IMPACT
Christopher Waller, a member of the Federal Reserve (Fed), speaks about the economic outlook and monetary policy at Auburn University in Alabama on Friday. He stated that the break-even rate for the job market is currently likely around zero.
ForexLive 17 Apr 2026, 19:19 GMT HIGH IMPACT
If war creates high inflation, weak labor market, could call for holding rates steadyThe longer Middle East war remains unresolved, inflation and job risks increaseHigh inflation, weak job market would be challenging for FedMarch headline PCE inflation likely to hit 3.5% year over yearPossible energy price surge could have lasting inflation impactMarkets appeared to have undervalued risk of extended conflictWill be closely watching how inflation expectations react to conflictIf swift resolution ...
FXStreet Forex 17 Apr 2026, 19:03 GMT MEDIUM IMPACT
Societe Generale analysts flag that CNY is on course to test 6.80 for the first time in three years, even as the People's Bank of China (PBoC) moderates the pace of appreciation via weaker fixings.
FXStreet Forex 17 Apr 2026, 18:11 GMT MEDIUM IMPACT
Mary Daly, President of the Federal Reserve (Fed) Bank of San Francisco, spoke at the University of California-Berkeley's Fisher Center on Friday. She indicated that, at this point, she is observing whether higher oil prices are affecting the prices of other goods and services.
FXStreet Forex 17 Apr 2026, 17:14 GMT HIGH IMPACT
USD/CAD declines on Friday, trading around 1.3670 at the time of writing, down 0.26% on the day. The pair remains under pressure as the Canadian Dollar (CAD) strengthens against the US Dollar (USD) despite a sharp drop in Oil prices.
ForexLive 17 Apr 2026, 16:46 GMT MEDIUM IMPACT
Absence of immigration really matters, as does investment in technologiesRight now making up low labor force growth by higher productivity growthZero job growth might be new steady stateHeading toward zero labor force growth based on demographicsOutlook depends on how long rise in oil prices, how long conflict will persistThose are strong pillarsConsumers nervous about economy, but spendingBusinesses cautiously optimisticDaly is leaning into the "structural" argument hard. When a Fed official st...
FXStreet Forex 17 Apr 2026, 13:44 GMT MEDIUM IMPACT
ING keeps a mildly bearish profile for USD/CAD into year‑end, driven mainly by expected Dollar weakness once the Federal Reserve resumes cutting in 3Q. Canada’s domestic backdrop is less supportive, with the Bank of Canada worried about upcoming USMCA talks and jobs.
FXStreet Forex 17 Apr 2026, 13:13 GMT HIGH IMPACT
Nordea analysts Ole Håkon Eek-Nielsen and Jan von Gerich argue that higher energy and commodity prices, together with tight labour markets and solid demand, make Federal Reserve (Fed) rate cuts unlikely.
FXStreet Forex 17 Apr 2026, 11:15 GMT MEDIUM IMPACT
The US Dollar (USD) keeps heading south against the Canadian Dollar (CAD) on Friday, reaching three-week lows at 1.3670.
FXStreet Forex 17 Apr 2026, 11:15 GMT MEDIUM IMPACT
The US Dollar (USD) keeps heading south against the Canadian Dollar (CAD) on Friday, reaching three-week lows at 1.3670.
FXStreet Forex 17 Apr 2026, 10:04 GMT MEDIUM IMPACT
Rabobank strategist Molly Schwartz highlights that the US Dollar (USD) was the third best-performing G10 currency, but the Canadian Dollar (CAD) outpaced it, pushing USD/CAD down to 1.37, reflecting relative CAD strength on the day.
ForexLive 17 Apr 2026, 09:30 GMT HIGH IMPACT
Rate cuts by year-endFed: 10 bps (99% probability of no change at the next meeting)Rate hikes by year-endRBNZ: 75 bps (69% probability of no change at the next meeting)ECB: 54 bps (79% probability of no change at the next meeting)RBA: 54 bps (78% probability of rate hike at the next meeting)BoJ: 46 bps (85% probability of no change at the next meeting)BoE: 35 bps (91% probability of no change at the next meeting)BoC: 33 bps (96% probability of no change at the next meeting)SNB: 16 bps (92% proba...
FXStreet Forex 17 Apr 2026, 07:50 GMT HIGH IMPACT
The USD/CAD pair extends its downside to around 1.3685 during the early European trading hours on Friday. Reports of a ceasefire between Israel and Lebanon reduce safe-haven demand for the US Dollar (USD).

Frequently Asked Questions

Why is USD/CAD moving today?

USD/CAD movements are primarily driven by interest rate decisions from the Federal Reserve (Fed) and Bank of Canada (BoC), economic data releases from the US and Canadian economies (CPI, GDP, employment), and geopolitical events. Check our live news feed above for today's specific drivers.

How often is USD/CAD news updated?

Our news feed is automatically updated every 15 minutes from trusted sources including Reuters, Bloomberg, and major forex news providers. Breaking rate alerts are generated instantly when significant moves (>0.5%) are detected.

What affects the USD/CAD exchange rate?

Key factors include Federal Reserve (Fed) and Bank of Canada (BoC) interest rate policies, economic data releases (US CPI, Federal Reserve interest rates, Non-Farm Payrolls (NFP), GDP; Canadian CPI, BoC rate decisions, employment data, oil prices), political events, trade balances, and market sentiment. Major announcements from Fed Chair and FOMC members and BoC Governor and Governing Council often trigger significant moves.