Current rate
1.5912 0.25%
0.25%
Expected trading range1.5822 - 1.6009
USD/CAD
Current Rate:
1.4187
Last updated:Oct 15, 2026, 04:37 p.m. ET
Expected Trading range
1.41271.4282
What's happening to the Canadian dollar today?
Canadian dollar news - The Canadian dollar (CAD) remains under pressure as softer crude prices and lingering concerns about Canada’s economic momentum limit demand for the loonie. USD/CAD is also being influenced by a modest pullback in the US dollar after cautious Fed commentary tempered expectations for an immediate rate hike despite hotter-than-expected inflation. Today’s heavy US data calendar and Canadian wholesale and manufacturing sales could now determine the pair’s next move.
- US data could revive USD momentum: Strong retail sales, producer inflation or jobless claims data could strengthen the case for tighter Fed policy and push USD/CAD higher.
- Canadian activity data is the next CAD test: Better wholesale and manufacturing sales could ease concerns following the recent jobs shock, while another weak set of figures would reinforce the softer domestic outlook.
- Oil remains a key CAD risk: Further declines in crude prices would reduce commodity-linked support and make it harder for the Canadian dollar to recover.
Where is the USD/CAD exchange rate trading today?
Current exchange rate
1.4187
Daily low
1.4169
Daily high
1.4239
Weekly change
-0.26%
Monthly change
+1.97%
3 months
+1.04%
6 months
+3.25%
Yearly change
+1.06%
We use mid-market rates. This is for informational purposes only.
Updated: Oct 15, 2026, 04:37 p.m. ET
Canadian dollar today - Rate, outlook and daily drivers
As of October 15, 2026, USD/CAD is trading at 1.4187, representing a -0.35% shift in the last 24 hours. Today, the pair has traded within the 1.4170-1.4239 range.
What is the Canadian dollar worth today against USD and other currencies?
The Canadian dollar's worth today is approximately US$0.7049, €0.6285, £0.5310, ¥111.42, CHF0.5830 and A$1.0187. 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 none, gaining against the US dollar (+0.35%), Japanese yen (+0.22%), Chinese yuan (+0.32%), Indian rupee (+0.34%) and Australian dollar (+1.08%) while losing ground against the euro (-0.25%), British pound (-0.38%), Mexican peso (-0.06%), New Zealand dollar (-0.15%) and Swiss franc (-0.56%). CAD’s strongest move among the displayed crosses is against the Australian dollar, while its largest decline is against the Swiss franc.
For a broader view of the currency moves and the events ahead, see our weekly Canadian dollar outlook.
Why is the USD/CAD rising or falling today?
USD/CAD is holding relatively firm as weak Canadian fundamentals and softer crude prices offset some of the US dollar’s recent pullback. The greenback has lost momentum after cautious Fed commentary reduced expectations for an immediate rate hike, even though US inflation came in hotter than expected. CAD, meanwhile, remains vulnerable following the recent employment shock, putting greater emphasis on today’s Canadian wholesale and manufacturing sales.
- Fed expectations have become less aggressive: Policymakers are signalling caution about moving quickly, reducing some of the immediate support behind the US dollar.
- US data could change the picture quickly: Retail sales, PPI and jobless claims will provide fresh evidence on consumer demand, inflation pressure and labour-market conditions.
- Canadian growth concerns remain: Recent employment weakness has raised questions about the resilience of domestic activity and the outlook for Bank of Canada policy.
- Crude prices weigh on CAD: Softer oil is removing an important source of support for the loonie and helping keep USD/CAD elevated.
Upcoming USD/CAD economic events
Economic calendar as of Oct 15, 2026, 04:37 p.m. ET
Today’s focus is on a packed US data slate, led by retail sales, producer inflation, jobless claims and regional manufacturing surveys, all of which could reshape expectations for Fed policy and USD direction. In Canada, wholesale sales will offer a fresh read on domestic activity following recent signs of economic weakness.
EventImpact
Housing Starts (Sep)
Medium
Industrial Production MoM (Sep)
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 pulls back from 18-month highs as markets reduce expectations for an immediate Fed hike, putting today’s US CPI firmly in control of the next move.
- CAD: Canadian dollar stabilizes after its post-jobs selloff, today’s building permits to offer a fresh read on domestic activity after September’s sharp jobs decline.
- EUR: Euro struggles to build a convincing recovery after Lagarde urges France to address debt problems through domestic policy, dampening expectations of ECB support.
- GBP: Sterling remains resilient after the IMF upgrades its UK growth outlook, although BoE Chief Economist Huw Pill pushes back against aggressive rate hike bets.
- JPY: Yen remains fragile, but Japan’s still-elevated wholesale inflation keeps expectations of further BoJ tightening alive and offers the currency some underlying support.
- AUD: Aussie holds steady after hawkish RBA minutes reinforce the possibility of further tightening, with upcoming employment report now the next major test.
Canadian dollar (CAD) daily performance against major global currencies
Updated: Oct 15, 2026, 04:37 p.m. ET
USD / CAD
Current Rate
1.4187
Daily Change
-0.35%
EUR / CAD
Current Rate
1.5912
Daily Change
0.25%
GBP / CAD
Current Rate
1.8833
Daily Change
0.38%
CAD / JPY
Current Rate
111.42
Daily Change
0.22%
CAD / CNY
Current Rate
4.7156
Daily Change
0.32%
CAD / MXN
Current Rate
12.98
Daily Change
-0.06%
CAD / INR
Current Rate
66.98
Daily Change
0.34%
NZD / CAD
Current Rate
0.7966
Daily Change
0.15%
CAD / CHF
Current Rate
0.5830
Daily Change
-0.56%
AUD / CAD
Current Rate
0.9816
Daily Change
-1.07%
Waiting for a better US dollar exchange rate?
Protect margins, plan FX costs, and access competitive exchange rates.
Canadian dollar today against EUR, GBP & JPY
As of October 15, 2026
EUR/CAD news and daily outlook
EUR/CAD remains fragile as the euro rebounds from recent lows, but France’s debt concerns and political resistance to the government’s budget continue to limit confidence in the recovery.
GBP/CAD news and daily outlook
GBP/CAD stays firm after the UK economy unexpectedly grew 0.1% in August, with stronger production supporting sterling while CAD remains pressured by softer domestic momentum.
Current rate
1.8833 0.38%
0.38%
Expected trading range1.8700 - 1.8910
CAD/JPY news and daily outlook
CAD/JPY is easing as the yen gains support from hawkish BoJ commentary, with Board Member Junko Koeda highlighting upside inflation risks and arguing against excessive caution on further rate hikes.
Current rate
111.42 0.22%
0.22%
Expected trading range110.57 - 111.85
Useful USD/CAD tools and forecasts
Compare current rates, review historical trends and plan your next currency transfers.
Get currency alerts delivered straight to your inbox.
FAQs
As of October 15, 2026, USD/CAD is trading at 1.4187, meaning one US Dollar buys approximately 1.4187 CAD.
The USD to CAD exchange rate is 1.4187. The pair opened at 1.4237 and has moved -0.35% today.
USD/CAD is down by -0.35% today, with short-term market sentiment currently bearish. 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 down by -0.35%, with a bearish 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 +1.97% over the past month and +3.39% year-to-date. It is currently trading above its 50-day moving average of 1.4000. 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.
