Current Rate
1.4026
Trading Range
1.4003 - 1.4035
Low
1.4003
High
1.4035
Today's Currency Headlines
- USD: US dollar trades quietly as cautious markets await Canadian inflation for fresh direction.
- CAD: Loonie starts the week muted as lower oil prices offset anticipation around today’s CPI.
- EUR: Euro remains pressured ahead of the ECB decision, though hawkish hold bets limit losses.
- GBP: Sterling stays steady at week's start as markets look toward this week’s UK inflation report.
- JPY: Yen remains soft as rate differentials weight, BoJ hike expectations cap the downside.
- AUD: Aussie recovers part of last week’s losses, but cautious risk sentiment limits momentum.
Where's the USD/CAD Trading Today?
Daily Range:
Today’s USD/CAD daily range is between a low of 1.4003 and a high of 1.4035.
Recent Trend:
Canadian dollar starts the week on a quiet footing against the US dollar, with USD/CAD muted as lower oil prices offset cautious demand for CAD ahead of inflation data.
Short-Term Outlook:
Canadian dollar’s next move may depend on today’s inflation report. A stronger reading could support the loonie, while uncertain US-Iran diplomacy remains an additional source of volatility.
USD/CAD Daily Trading Range
Today, July 20, 2026, USD/CAD is trading between 1.4003 and 1.4035. The current rate of 1.4026 is 0.0023 above the day’s low and 0.0009 below the day’s high. It is currently positioned 72% of the way through today’s range, with a midpoint of 1.4019.
Current Rate
Change Today
0.05%July 20, 2026 - USD/CAD Headlines: Canadian inflation takes centre stage
USD/CAD is trading quietly as markets begin the week cautiously ahead of Canada’s inflation report. A stronger-than-expected reading could reinforce expectations that the Bank of Canada will keep interest rates unchanged and provide support for the Canadian dollar rate today. Conversely, softer inflation could weaken the loonie and give the pair room to move higher. Oil prices also remain an important influence after pulling back on hopes for renewed US-Iran diplomacy, although the absence of a definitive breakthrough means geopolitical and energy-market risks remain elevated.
USD/CAD Daily Performance
As of July 20, 2026, USD/CAD is trading at 1.4026, representing a 0.05% shift in the last 24 hours. The pair is likely to trade within the 1.4003–1.4035 range.
CURRENT RATE
1.4026
DAILY CHANGE %
+0.05%
DAY'S LOW
1.4003
DAY'S HIGH
1.4035
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 calendar, Canada’s inflation report is the main economic event, offering the latest indication of whether domestic price pressures are easing or remaining persistent. The release could influence expectations for the Bank of Canada’s next policy move and provide the primary direction for the Canadian dollar today. A stronger-than-expected inflation reading could support the loonie by reducing expectations for near-term rate cuts, while softer inflation may weigh on CAD and allow USD/CAD to move higher. Markets may also focus on core inflation measures for evidence of whether underlying price pressures are becoming more manageable.
Global FX Rates Against the Canadian Dollar
| Currency | Rates | High | Low | Daily |
|---|---|---|---|---|
 USD | 1.4026 | 1.4035 | 1.4003 | 0.05% |
 EUR | 1.6036 | 1.6045 | 1.6004 | 0.01% |
 GBP | 1.8894 | 1.8895 | 1.8823 | 0.17% |
 JPY | 115.78 | 115.99 | 115.71 | -0.02% |
 CNY | 4.8094 | 4.8395 | 4.8068 | -0.57% |
 MXN | 12.47 | 12.52 | 12.46 | -0.33% |
 INR | 68.71 | 68.90 | 68.66 | 0.07% |
| Check Out CAD Exchange Rates | ||||
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FAQs
As of July 20, 2026, the USD/CAD exchange rate is 1.4026, meaning one US Dollar buys approximately 1.4026 CAD. The pair opened at 1.4009, compared with its previous close of 1.4020, and has moved 0.05% today.
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