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Canadian Dollar Today: USD/CAD Rate, News and Outlook

Author avatar for Ash Abbasi
Ash Abbasi
July 30, 2026

Current Rate

1.4006

Trading Range

1.3991 - 1.4068

Low

1.3991

High

1.4068

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Today's currency headlines

  • USD: US dollar stabilizes after post-Fed volatility as markets await inflation, GDP and labour data.
  • CAD: Loonie holds steady as USD/CAD settles into a narrow range following the Fed decision.
  • EUR: Euro retains overnight gains, although higher unemployment limits further momentum.
  • GBP: Sterling trades flat as investors await the Bank of England’s policy decision and guidance.
  • JPY: Yen recovers part of its weekly losses ahead of the BoJ decision and major data.
  • AUD: Aussie trades choppily as markets digest recent central bank decisions and shifting mood.

Where is USD/CAD trading today?

July 30, 20261.4006 CAD$1 CAD = 0.7140 USD

Daily Range:

USD/CAD has traded between a low of 1.3991 and a high of 1.4068 today.

Recent Trend:

The Canadian dollar has stabilized against the US dollar, leaving USD/CAD range-bound after the pair’s sharp post-Fed volatility lost momentum.

Short-Term Outlook:

The Canadian dollar could strengthen if US core PCE inflation, GDP or jobless claims disappoint, while stronger US data may revive demand for USD and push the pair higher.

USD/CAD daily trading range

Today, July 30, 2026, USD/CAD is trading between 1.3991 and 1.4068. The current rate of 1.4006 is 0.0015 above the day’s low and 0.0062 below the day’s high. It is currently positioned 19% of the way through today’s range, with a midpoint of 1.4030.

Current Rate

1.4006

Change Today

-0.29%
1.4006Daily LOW1.3991Daily HIGH1.4068
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Today's USD/CAD headlines: Pair stabilizes after post-Fed volatility

USD/CAD is trading within a narrow range as markets settle after Wednesday’s Federal Reserve decision and accompanying volatility. The US dollar rate today remains broadly stable as investors await core PCE inflation, second-quarter GDP and initial jobless claims for fresh clues about the strength of the US economy and the future policy outlook. Meanwhile, the Canadian dollar rate today is holding steady as traders digest the Fed outcome and monitor broader market sentiment. With several major US releases scheduled, the pair could remain subdued before the data but face sharper movement if the results materially exceed or miss expectations.

USD/CAD daily performance

The Canadian dollar is trading at 1.4006 per US dollar. This means C$1 buys approximately US$0.7140 before any exchange rate margin or transfer fees.

USD/CAD has traded between 1.3991 and 1.4068 today, as currency markets respond to changes in interest rate expectations, economic data, oil prices and investor sentiment.

What does today’s USD/CAD rate mean?

For Canadians converting Canadian dollars to US dollars, a lower USD/CAD rate is generally more favourable because it means the Canadian dollar has strengthened. A higher USD/CAD rate means US dollars have become more expensive to purchase with Canadian dollars.

CURRENT RATE

1.4006

DAILY CHANGE %

-0.29%

DAY'S LOW

1.3991

DAY'S HIGH

1.4068

USD/CAD Daily, Weekly, Monthly and Year-to-Date Performance

Daily change−0.29%
Weekly change−0.56%
Monthly change−1.33%
3 months change+3.13%
6 months change+2.87%
Yearly change+1.29%
View USD/CAD historical rates
Last UpdatedJul 30, 2026, 04:34 p.m. EDT

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

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Upcoming USD/CAD economic events

In upcoming FX data releases, markets will focus on US core PCE inflation, second-quarter GDP and initial jobless claims for fresh signals on price pressures, economic growth and labour-market conditions. Stronger-than-expected results could support the US dollar and lift USD/CAD, while softer readings may weigh on USD. Attention will then shift to Friday’s Canadian GDP, Chicago PMI and final Michigan consumer sentiment for further direction.

EventImpact
US flag

Core PCE Price Index MoM (Jun)

Jul 30, 08:30 ET

High
US flag

GDP Growth Rate QoQ (Q2, Adv)

Jul 30, 08:30 ET

High
US flag

Initial Jobless Claims

Jul 30, 08:30 ET

Medium
CA flag

GDP MoM (May)

Jul 31, 08:30 ET

High
US flag

Chicago PMI (Jul)

Jul 31, 09:45 ET

Medium
US flag

Michigan Consumer Sentiment (Jul, Final)

Jul 31, 10:00 ET

Medium
Explore Upcoming Economic Events

Global FX rates against the Canadian dollar

CurrencyRatesHighLowDaily
USD flag
USD
1.4006
1.4068
1.3991

-0.29%

EUR flag
EUR
1.6145
1.6157
1.6077

0.35%

GBP flag
GBP
1.8861
1.8865
1.8738

0.55%

JPY flag
JPY
113.83
116.45
112.71

-2.14%

CNY flag
CNY
4.8237
4.8379
4.7883

0.10%

MXN flag
MXN
12.38
12.44
12.36

-0.36%

INR flag
INR
68.18
68.33
68.01

-0.04%

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FAQs

As of July 30, 2026, the USD/CAD exchange rate is 1.4006, meaning one US Dollar buys approximately 1.4006 CAD. The pair opened at 1.4046, compared with its previous close of 1.4046, and has moved -0.29% today.