Current Rate
1.4085
Trading Range
1.4076 - 1.4111
Low
1.4076
High
1.4111
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Today's Currency Headlines
- USD: US dollar eases from overnight highs as markets await Trump’s remarks amid escalating tensions.
- CAD: Loonie recovers modestly as higher crude provides support, but limited data caps upside for now.
- EUR: Euro stages a modest recovery but remains pressured by rising oil and renewed supply concerns.
- GBP: Sterling slips from overnight highs after softer UK inflation reduces expectations for BoE tightening.
- JPY: Yen range-bound but vulnerable near multi-decade lows as intervention warnings lend limited support.
- AUD: Aussie gives back morning gains as geopolitical risks weaken demand for risk-sensitive currencies.
Where's the USD/CAD Trading Today?
Daily Range:
Today’s USD/CAD daily range is between a low of 1.4076 and a high of 1.4111.
Recent Trend:
The Canadian dollar has recovered modestly against the US dollar, pulling USD away from its daily highs as rising crude prices provide renewed support for the loonie.
Short-Term Outlook:
The Canadian dollar could remain supported if oil prices continue to rise, although the lack of major economic data and cautious demand for USD ahead of President Trump’s remarks may keep CAD range-bound.
USD/CAD Daily Trading Range
Today, July 22, 2026, USD/CAD is trading between 1.4076 and 1.4111. The current rate of 1.4085 is 0.0009 above the day’s low and 0.0026 below the day’s high. It is currently positioned 26% of the way through today’s range, with a midpoint of 1.4094.
Current Rate
Change Today
-0.15%July 22, 2026 - USD/CAD Headlines: Oil recovery supports CAD as USD eases from highs
USD/CAD is trading steadily after moving away from its daily highs as the US dollar rate today loses some of its overnight momentum. Markets remain cautious as escalating US-Iran tensions keep geopolitical risks elevated, with attention turning to President Trump’s remarks later today for any indication of the next policy or military response. Meanwhile, the Canadian dollar rate today is benefiting from stronger crude prices, which have improved the loonie’s energy-linked support. However, with no major Canadian or US economic releases scheduled, the pair may remain confined to a narrow range unless oil prices or geopolitical headlines trigger a larger move.
USD/CAD Daily Performance
As of July 22, 2026, USD/CAD is trading at 1.4085, representing a -0.15% shift in the last 24 hours. The pair is likely to trade within the 1.4076–1.4111 range.
CURRENT RATE
1.4085
DAILY CHANGE %
-0.15%
DAY'S LOW
1.4076
DAY'S HIGH
1.4111
USD/CAD Performance Year to Date
We use mid-market rates. This is for informational purposes only.
Upcoming USD/CAD Economic Events
In today’s daily FX spotlight, the economic calendar is relatively quiet, with no major Canadian or US data releases scheduled to provide clear direction for USD/CAD. Market attention will instead remain focused on escalating US-Iran tensions and President Trump’s remarks later today. Any indication of further military action or disruption to Middle Eastern oil supplies could lift crude prices and support the Canadian dollar today, while a more cautious or diplomatic tone may ease energy-market concerns and strengthen demand for the US dollar.
Global FX Rates Against the Canadian Dollar
| Currency | Rates | High | Low | Daily |
|---|---|---|---|---|
 USD | 1.4085 | 1.4111 | 1.4076 | -0.15% |
 EUR | 1.6070 | 1.6092 | 1.6060 | -0.08% |
 GBP | 1.8838 | 1.8882 | 1.8815 | -0.17% |
 JPY | 115.80 | 115.87 | 115.49 | 0.17% |
 CNY | 4.7922 | 4.8115 | 4.7819 | -0.13% |
 MXN | 12.35 | 12.37 | 12.33 | 0.06% |
 INR | 68.48 | 68.71 | 68.19 | 0.38% |
| Check Out CAD Exchange Rates | ||||
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FAQs
As of July 22, 2026, the USD/CAD exchange rate is 1.4085, meaning one US Dollar buys approximately 1.4085 CAD. The pair opened at 1.4107, compared with its previous close of 1.4107, and has moved -0.15% today.
