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

Author avatar for Ash Abbasi
Ash Abbasi
July 28, 2026

Current Rate

1.4105

Trading Range

1.4101 - 1.4129

Low

1.4101

High

1.4129

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Today's Currency Headlines

  • USD: US dollar strengthens on pre-Fed caution as markets await ADP employment, trade data.
  • CAD: Canadian dollar drifts lower but remains firm enough to limit further USD/CAD gains.
  • EUR: Euro retreats from Monday’s highs as cautious positioning trims its recent recovery.
  • GBP: Sterling gives back most of Monday’s advance as risk aversion and BoE uncertainty weigh.
  • JPY: Yen’s brief relief fades as the currency returns close to multi-decade lows.
  • AUD: Aussie reverses overnight gains as defensive sentiment pushes it toward two-week lows.

Where's the USD/CAD Trading Today?

July 28, 20261.4105 CAD$1 CAD = 0.7090 USD
https://content.mtfxgroup.com/uploads/chart_column_increasing02_84f5cf6bf2_428c7ab76d.svg

Daily Range:

Today’s USD/CAD daily range is between a low of 1.4101 and a high of 1.4129.

https://content.mtfxgroup.com/uploads/line_chart_1e7340d114_0d57ff05c1.svg

Recent Trend:

The Canadian dollar has edged lower against the US dollar, keeping USD near two-week highs, although firm CAD demand is preventing a stronger move upward.

https://content.mtfxgroup.com/uploads/shield_new_c759469ff2_1_805a721402_50280e77b1.svg

Short-Term Outlook:

The Canadian dollar could regain ground if today’s US employment or trade data disappoints, while stronger results and continued pre-Fed caution may keep USD supported.

Table of Contents

USD/CAD Daily Trading Range

Today, July 28, 2026, USD/CAD is trading between 1.4101 and 1.4129. The current rate of 1.4105 is 0.0004 above the day’s low and 0.0024 below the day’s high. It is currently positioned 14% of the way through today’s range, with a midpoint of 1.4115.

Current Rate

1.4105

Change Today

-0.13%
1.4105Daily LOW1.4101Daily HIGH1.4129
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July 28, 2026 - USD/CAD Headlines: Pair holds near two-week highs amid pre-Fed caution

USD/CAD remains close to two-week highs as the US dollar rate today benefits from safe-haven demand ahead of tomorrow’s Federal Reserve decision. Markets are also awaiting the weekly ADP employment report, goods trade balance and consumer confidence data for fresh signals on the US economy. Meanwhile, the Canadian dollar rate today has drifted modestly lower but continues to limit further USD gains, leaving the pair in consolidation near recent highs. Cautious positioning across FX markets may keep volatility elevated, although a decisive move could depend on today’s data and the Fed’s policy guidance.

USD/CAD Daily Performance

As of July 28, 2026, USD/CAD is trading at 1.4105, representing a -0.13% shift in the last 24 hours. The pair is likely to trade within the 1.4101-1.4129 range.

CURRENT RATE

1.4105

DAILY CHANGE %

-0.13%

DAY'S LOW

1.4101

DAY'S HIGH

1.4129

USD/CAD Performance Year to Date

1 day-0.12674
1 week0.12990977
1 month-0.5814978
3 months3.08261
6 months4.05908
1 year2.67142
View USD/CAD historical rates
Last UpdatedJul 27, 2026, 07:31 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, markets will focus on the US ADP employment change, goods trade balance and consumer confidence data for fresh signals on labour conditions, trade activity and household sentiment. Stronger-than-expected results could reinforce support for the US dollar, while weaker readings may limit its pre-Fed gains. Attention will then shift to tomorrow’s Federal Reserve interest rate decision and press conference, where the policy statement and guidance on inflation, growth and future rate moves are likely to drive the next major move in USD/CAD.

Global FX Rates Against the Canadian Dollar

CurrencyRatesHighLowDaily
ca
USD
1.4105
1.4129
1.4101

-0.13%

ca
EUR
1.6031
1.6063
1.6021

-0.16%

ca
GBP
1.8727
1.8782
1.8722

-0.17%

jp
JPY
116.21
116.28
115.88

0.28%

cn
CNY
4.7843
4.8123
4.7800

-0.17%

mx
MXN
12.40
12.40
12.36

0.34%

in
INR
67.89
67.92
67.78

0.17%

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FAQs

As of July 28, 2026, the USD/CAD exchange rate is 1.4105, meaning one US Dollar buys approximately 1.4105 CAD. The pair opened at 1.4123, compared with its previous close of 1.4123, and has moved -0.13% today.