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

Author avatar for Ash Abbasi
Ash Abbasi
July 27, 2026

Current Rate

1.4123

Trading Range

1.4116 - 1.4123

Low

1.4116

High

1.4123

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Today's Currency Headlines

  • USD: US dollar trades broadly softer but remains firm versus CAD ahead of durable goods data.
  • CAD: Canadian dollar weakens sharply as falling oil prices remove a key source of support.
  • EUR: Euro rebounds as oil-driven CAD weakness helps EUR/CAD recover part of last week’s losses.
  • GBP: Sterling extends Friday’s bounce as markets prepare for this week’s Bank of England decision.
  • JPY: Yen recovers some recent losses as CAD softens, though policy divergence still limits upside.
  • AUD: Aussie climbs to a two-week high as improving risk sentiment amplifies CAD weakness.

Where's the USD/CAD Trading Today?

July 27, 20261.4123 CAD$1 CAD = 0.7081 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 1.4116 and a high of 1.4123.

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

Recent Trend:

The Canadian dollar has weakened against the US dollar, pushing USD higher as a nearly 10% drop in oil prices removes a major source of support for the loonie.

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

Short-Term Outlook:

The Canadian dollar may remain under pressure if oil stays lower, although weaker US durable goods data or a more cautious Federal Reserve outlook could limit further USD gains.

Table of Contents

USD/CAD Daily Trading Range

Today, July 27, 2026, USD/CAD is trading between 1.4116 and 1.4123. The current rate of 1.4123 is 0.0007 above the day’s low and 0.0000 below the day’s high. It is currently positioned 93% of the way through today’s range, with a midpoint of 1.4120.

Current Rate

1.4123

Change Today

0.00%
1.4123Daily LOW1.4116Daily HIGH1.4123
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July 27, 2026 - USD/CAD Headlines: Oil slump weighs heavily on CAD

USD/CAD is trading higher as the Canadian dollar rate today comes under broad pressure from a sharp decline in crude prices. Oil has fallen nearly 10% after the US and Iran paused strikes and renewed diplomatic hopes reduced concerns about immediate supply disruptions. The US dollar rate today is broadly softer as well as improving risk sentiment reduces safe-haven demand, but it continues to outperform CAD because of the loonie’s stronger exposure to oil. Markets are also awaiting US durable goods orders for a fresh indication of economic momentum, while attention is already shifting toward this week’s Federal Reserve decision.

USD/CAD Daily Performance

As of July 27, 2026, USD/CAD is trading at 1.4123, representing a 0.00% shift in the last 24 hours. The pair is likely to trade within the 1.4116-1.4123 range.

CURRENT RATE

1.4123

DAILY CHANGE %

0.00%

DAY'S LOW

1.4116

DAY'S HIGH

1.4123

USD/CAD Performance Year to Date

1 day0
1 week0.11200034
1 month-0.4553304
3 months3.64747
6 months4.0798
1 year3.07106
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, US durable goods orders are the main economic release, offering insight into business investment and manufacturing demand. A stronger-than-expected reading could support the US dollar, while weaker orders may add to its cautious start to the week. Markets are also likely to remain focused on Wednesday’s Federal Reserve interest rate decision, where guidance on inflation, growth and the timing of any future policy changes could set the next direction for USD/CAD.

Global FX Rates Against the Canadian Dollar

CurrencyRatesHighLowDaily
ca
USD
1.4123
1.4123
1.4116

0.00%

ca
EUR
1.6055
1.6091
1.6015

0.24%

ca
GBP
1.8765
1.8786
1.8753

-0.06%

jp
JPY
115.95
116.25
115.86

-0.23%

cn
CNY
4.7922
4.8126
4.7747

-0.25%

mx
MXN
12.36
12.37
12.36

0.04%

in
INR
67.79
68.59
67.77

-1.03%

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FAQs

As of July 27, 2026, the USD/CAD exchange rate is 1.4123, meaning one US Dollar buys approximately 1.4123 CAD. The pair opened at 1.4123, compared with its previous close of 1.4123, and has moved 0.00% today.