Current rate
1.5753 0.22%
0.22%
Expected trading range1.5631 - 1.5800
USD/CAD
Current Rate:
1.4125
Last updated:Nov 06, 2026, 05:35 p.m. ET
Expected Trading range
1.39651.4180
What's happening to the Canadian dollar today?
Canadian dollar news - The Canadian dollar (CAD) is weakening ahead of today’s Canadian jobs report as cautious market sentiment favours the US dollar. Investors are looking for a rebound in employment after September’s sharp decline, while the greenback is also benefiting from renewed risk-off demand during the global technology selloff. USD/CAD is therefore being driven by both domestic labour-market expectations and broader demand for the US dollar.
- Canadian employment data could drive CAD direction: A stronger labour report could help the loonie recover, while another weak reading may increase pressure on CAD.
- Risk sentiment remains important: Continued weakness in global equities could keep demand for the US dollar elevated.
- US labour data could shift Fed expectations: Payrolls and unemployment figures may determine whether the dollar extends its rebound.
Where is the USD/CAD exchange rate trading today?
Current exchange rate
1.4125
Daily low
1.4007
Daily high
1.4138
Weekly change
+0.97%
Monthly change
-0.58%
3 months
+0.80%
6 months
+3.61%
Yearly change
+0.05%
We use mid-market rates. This is for informational purposes only.
Updated: Nov 06, 2026, 05:35 p.m. ET
Canadian dollar today - Rate, outlook and daily drivers
As of November 6, 2026, USD/CAD is trading at 1.4125, representing a 0.75% shift in the last 24 hours. Today, the pair has traded within the 1.4008-1.4138 range.
What is the Canadian dollar worth today against USD and other currencies?
The Canadian dollar's worth today is approximately US$0.7080, €0.6348, £0.5302, ¥112.12, CHF0.5805 and A$1.0303. These are indicative market rates and may differ from the rate available when exchanging money.
Is the Canadian dollar up or down today against USD and other currencies?
The Canadian dollar is essentially unchanged against Australian dollar (+0.03%), gaining against the none while losing ground against the US dollar (-0.75%), euro (-0.22%), British pound (-0.12%), Japanese yen (-0.33%), Chinese yuan (-0.98%), Mexican peso (-1.57%), Indian rupee (-1.20%), New Zealand dollar (-0.11%) and Swiss franc (-0.31%). CAD’s strongest move among the displayed crosses is against the Australian dollar, while its largest decline is against the Mexican peso.
For a broader view of the currency moves and the events ahead, see our weekly Canadian dollar outlook.
Why is USD/CAD rising or falling today?
USD/CAD is moving higher as the Canadian dollar weakens ahead of domestic employment data while the US dollar rebounds on stronger risk-off demand. The CAD to USD rate is under pressure as markets remain cautious about Canada’s labour-market outlook following September’s sharp employment decline. Meanwhile, the US dollar rate today is supported by safe-haven demand, with investors also waiting for US payrolls and unemployment figures for the next signal on Federal Reserve policy.
- Canadian jobs data is in focus: Markets are looking for signs that employment recovered after September’s decline.
- Risk-off demand supports USD: Weakness in global technology shares is increasing demand for the greenback.
- CAD remains sensitive to labour-market weakness: Another disappointing employment report could strengthen expectations for a softer Canadian outlook.
- US payrolls could reset USD/CAD direction: Stronger US labour data could extend USD gains, while weaker figures may reduce support for the dollar.
Upcoming USD/CAD economic events
Economic calendar as of Nov 06, 2026, 05:35 p.m. ET
Today’s focus is firmly on the US and Canadian labour markets. Nonfarm payrolls and unemployment data could drive USD and Fed expectations, while Canada’s employment report will be closely watched for signs of a labour-market rebound. Michigan consumer sentiment and Canada’s Ivey PMI will provide additional reads on household confidence and business activity later in the session.
EventImpact
ADP Employment Change Weekly
Medium
Inflation Rate YoY (Oct)
High
BoC Summary of Deliberations
High
Economic calendar times are shown in ET. Event schedules and impact levels may change.
Planning a USD/CAD conversion?
Compare today’s CAD to USD rate and get the best exchange rates.
Today's currency headlines
- USD: US dollar rebounds as risk-off demand returns during a global tech selloff, while markets await October payrolls and unemployment data for the next Fed signal.
- CAD: Loonie weakens ahead of today’s jobs report as markets look for a rebound in employment after September’s sharp decline while cautious mood favours the USD.
- EUR: Euro slips despite German industrial production rising 0.7%, as euro-area retail sales fall 0.7% and weaker consumer demand offsets the stronger factory data.
- GBP: Sterling softens after UK house prices fall 0.6% in October and 1.2% annually, signalling renewed pressure on the housing market and household demand.
- JPY: Yen strengthens as Japan’s real wages rise and nominal pay jumps 4.6%, reinforcing expectations that the Bank of Japan could tighten again in December.
- AUD: Aussie falls sharply as the global risk-off mood weighs on risk-sensitive currencies, pushing AUD/USD toward multi-month lows amid a broader equity selloff.
Canadian dollar (CAD) daily performance against major global currencies
Updated: Nov 06, 2026, 05:35 p.m. ET
USD / CAD
Current Rate
1.4125
Daily Change
0.75%
EUR / CAD
Current Rate
1.5753
Daily Change
0.22%
GBP / CAD
Current Rate
1.8861
Daily Change
0.12%
CAD / JPY
Current Rate
112.12
Daily Change
-0.33%
CAD / CNY
Current Rate
4.7264
Daily Change
-0.98%
CAD / MXN
Current Rate
13.17
Daily Change
-1.57%
CAD / INR
Current Rate
66.57
Daily Change
-1.20%
NZD / CAD
Current Rate
0.7844
Daily Change
0.11%
CAD / CHF
Current Rate
0.5805
Daily Change
-0.31%
AUD / CAD
Current Rate
0.9706
Daily Change
-0.03%
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Canadian dollar today against EUR, GBP & JPY
As of November 6, 2026
EUR/CAD news and daily outlook
EUR/CAD moves higher as CAD weakens ahead of Canada’s jobs report, while stronger German industrial production helps offset softer euro-area retail sales.
GBP/CAD news and daily outlook
GBP/CAD edges higher as CAD weakness outweighs pressure on sterling from softer UK housing data, with Canadian employment figures now the key near-term catalyst.
Current rate
1.8861 0.12%
0.12%
Expected trading range1.8735 - 1.8939
CAD/JPY news and daily outlook
GBP/CAD edges higher as CAD weakness outweighs pressure on sterling from softer UK housing data, with Canadian employment figures now the key near-term catalyst.
Current rate
112.12 -0.33%
-0.33%
Expected trading range111.59 - 113.02
Useful USD/CAD tools and forecasts
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FAQs
As of November 6, 2026, USD/CAD is trading at 1.4125, meaning one US Dollar buys approximately 1.4125 CAD.
The USD to CAD exchange rate is 1.4125. The pair opened at 1.4019 and has moved 0.75% today.
USD/CAD is up by 0.75% today, with short-term market sentiment currently bullish. A falling USD/CAD rate indicates a stronger Canadian dollar, while a rising rate indicates a weaker Canadian dollar.
The USD/CAD typically responds to Fed and BoC interest rate expectations, oil prices and economic data. Today, the pair is up by 0.75%, with a bullish short-term bias.
Because the bank or any FX provider you are using applies a margin on the mid-market exchange rate that you see on Google.
USD/CAD has moved -0.58% over the past month and +2.94% year-to-date. It is currently trading above its 50-day moving average of 1.4100. Whether it is a suitable time to convert depends on which currency you hold, your payment deadline and your tolerance for further movement. You can check out the multi-month Canadian dollar forecast to analyze trends and make informed decisions.
Compare the total CAD received after the exchange rate spread and transfer fees. Rate alerts, limit orders, staged transfers and specialist FX providers may also help you manage the timing and overall cost of the conversion.
Open or sign in to your account, request a USD-to-CAD quote, add the recipient’s Canadian banking details and fund the transfer in US dollars. The funds are converted into Canadian dollars before being deposited into the recipient’s account.
