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Canadian Dollar Today: USD/CAD Rate, News & Forecast

Author avatar for Ash Abbasi
Ash Abbasi
July 15, 2026

The USD/CAD today, July 15, 2026, is trading around 1.4038 CAD, which means $1 CAD is equal to 0.7123 USD.

  • Daily Range: Today's USD/CAD daily range is between a low of 1.4028 and a high of 1.4041.
  • Recent Trend: The Canadian dollar remains near multi-week highs as softer US data and firmer crude prices continue to support the loonie.
  • Short-Term Outlook: The Canadian dollar could strengthen further, with today’s US PPI and Empire State data followed by the Bank of Canada decision and press conference.
Table of Contents

Today's USD/CAD Snapshot

Track today’s USD/CAD performance and see how shifting market sentiment, economic developments and broader currency trends are shaping the pair.

Current Rate

1.4038

Change Today

-0.02%
1.4038Daily LOW1.4028Daily HIGH1.4041
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Today's USD/CAD Headlines - CAD holds near multi-week highs ahead of BoC

USD/CAD is holding near multi-week lows as the US dollar rate today stabilizes following yesterday’s sharp CPI-driven decline, although softer inflation and reduced expectations for further Fed tightening keep the pair’s downside risks intact. Attention now turns to US producer inflation and the Empire State Manufacturing Index for fresh direction. Meanwhile, the Canadian dollar rate today remains supported by rising crude prices and renewed Hormuz supply concerns, with the Bank of Canada’s interest rate decision, Monetary Policy Report and press conference likely to determine the loonie’s next major move.

Today's USD/CAD Performance

As of July 15, 2026, USD/CAD is trading at 1.4038, representing a -0.02% shift in the last 24 hours. The pair is likely to trade within the 1.4028–1.4041 range.

CURRENT RATE

1.40383

DAILY CHANGE %

-0.02%

DAY'S LOW

1.4028

DAY'S HIGH

1.4041

USD/CAD Historical Rates

1 day-0.02%
1 week-0.91%
1 month+0.35%
3 months+2.17%
6 months+1.10%
1 year+2.31%
View USD/CAD historical rates
Last UpdatedJul 15, 2026, 06:42 EDT

We use mid-market rates. This is for informational purposes only.

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Upcoming USD/CAD Economic Events

In today’s daily FX spotlight, the economic calendar is led by the US Producer Price Index and NY Empire State Manufacturing Index, which could shape expectations for inflation and Federal Reserve policy. A softer PPI reading may add further pressure on the US dollar today, while stronger price or manufacturing data could help the greenback recover. In Canada, wholesale and manufacturing sales will offer an early read on domestic activity before attention turns to the Bank of Canada interest rate decision and press conference. With rates expected to remain unchanged, guidance on inflation, growth and the future policy path could be the main driver of the Canadian dollar today.

Today's Currency Headlines Against CAD

  • USD: US dollar steadies after the CPI-led selloff, with PPI and Empire State data next in focus.
  • CAD: Loonie holds firm as markets await the BoC rate decision and press conference.
  • EUR: Euro remains pressured after weak EU industrial production deepens growth concerns.
  • GBP: Sterling struggles to recover as CAD stays supported ahead of the BoC decision.
  • JPY: Yen extends its decline despite broader USD weakness as selling pressure persists.
  • AUD: Aussie recovers modestly on softer USD sentiment ahead of US producer inflation data.

Live Cross Exchange Rates Against the Canadian Dollar

CurrencyRatesHighLowDaily
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FAQs

As of July 15, 2026, the USD/CAD exchange rate is 1.4038, meaning one US Dollar buys approximately 1.4038 CAD. The pair opened at 1.4041, compared with its previous close of 1.4041, and has moved -0.02% today.

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USD/CAD right now1.40383
0.02%