Current rate
1.5770 -0.16%
-0.16%
Expected trading range1.5718 - 1.5861
USD/CAD
Current Rate:
1.4256
Last updated:Nov 12, 2026, 11:13 a.m. ET
Expected Trading range
1.41821.4315
What's happening to the Canadian dollar today?
Canadian dollar news - The Canadian dollar (CAD) is steadying near recent lows as the US dollar consolidates its gains ahead of today’s jobless claims and existing home sales. These releases could show whether US economic resilience continues to support further Fed tightening. Canadian building permits will provide a fresh read on construction intentions, followed by manufacturing and wholesale sales on Friday. Stronger domestic figures could help the loonie recover, while weaker activity would reinforce concerns about Canada’s economic momentum.
- US employment and housing: Low jobless claims and resilient home sales could support USD/CAD, while softer results could take some strength out of the greenback.
- Canadian business activity: Building permits, manufacturing and wholesale sales could support CAD if they show firmer investment intentions and demand.
- Friday’s US producer prices: Stronger price pressures could reinforce Fed tightening expectations, while a cooler report could temper them.
Where is the USD/CAD exchange rate trading today?
Current exchange rate
1.4256
Daily low
1.4224
Daily high
1.4272
Weekly change
+1.69%
Monthly change
-0.17%
3 months
+2.27%
6 months
+4.09%
Yearly change
+1.79%
We use mid-market rates. This is for informational purposes only.
Updated: Nov 12, 2026, 11:13 a.m. ET
Canadian dollar today - Rate, outlook and daily drivers
As of November 12, 2026, USD/CAD is trading at 1.4256, representing a 0.03% shift in the last 24 hours. Today, the pair has traded within the 1.4224-1.4272 range.
What is the Canadian dollar worth today against USD and other currencies?
The Canadian dollar's worth today is approximately US$0.7014, €0.6341, £0.5300, ¥112.20, CHF0.5855 and A$1.0297. 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 US dollar (-0.03%), gaining against the euro (+0.16%), British pound (+0.20%), Japanese yen (+0.13%), Indian rupee (+0.28%), New Zealand dollar (+0.16%), Swiss franc (+0.20%) and Australian dollar (+0.38%) while losing ground against the Chinese yuan (-0.35%) and Mexican peso (-0.62%). 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 holding near recent highs as the greenback retains support from expectations for further Fed tightening. The US dollar rate today reflects that policy outlook, while the loonie has yet to find a fresh domestic catalyst for recovery. Although CAD has stabilised, upcoming Canadian releases will need to show greater economic resilience to help improve CAD to USD performance.
- Firm US policy expectations: Recent inflation data and Fed commentary continue to support expectations for additional tightening.
- Dollar consolidation: The greenback is retaining most of its recent gains as markets await fresh employment and housing figures.
- Limited Canadian momentum: Uncertainty about domestic activity is restraining the loonie ahead of this week’s business data.
- Conditional BoC outlook: Further Canadian hikes remain possible, but policymakers’ cautious approach has offered CAD limited support.
Upcoming USD/CAD economic events
Economic calendar as of Nov 12, 2026, 11:13 a.m. ET
Today’s focus is on US initial jobless claims and existing home sales, which could show whether employment and housing demand remain resilient enough to support further Fed tightening. Canada’s building permits will offer a fresh read on construction intentions and could influence the loonie if the figures surprise.
EventImpact
Producer Price Index MoM (Oct)
High
Wholesale Sales MoM (Sep)
Medium
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 consolidates weekly gains as attention turns to jobless claims and home sales for evidence that economic resilience supports further tightening.
- CAD: Loonie steadies near recent lows ahead of building permits, with Friday’s manufacturing and wholesale figures set to test domestic business momentum.
- EUR: Euro struggles to recover as the ECB flags tighter financing conditions weighing on growth, with Friday’s GDP update providing the next regional test.
- GBP: Sterling remains subdued despite stronger September growth and rising production, with resilient activity reinforcing expectations for further BoE tightening.
- JPY: Yen steadies as stronger wholesale inflation reinforces BoJ hike expectations, while fresh intervention warnings add caution around further selling.
- AUD: Aussie slides as global equity weakness curbs risk appetite, while consumer inflation expectations holding at 5.3% complicate the RBA outlook.
Canadian dollar (CAD) daily performance against major global currencies
Updated: Nov 12, 2026, 11:13 a.m. ET
USD / CAD
Current Rate
1.4256
Daily Change
0.03%
EUR / CAD
Current Rate
1.5770
Daily Change
-0.16%
GBP / CAD
Current Rate
1.8870
Daily Change
-0.20%
CAD / JPY
Current Rate
112.20
Daily Change
0.13%
CAD / CNY
Current Rate
4.6636
Daily Change
-0.35%
CAD / MXN
Current Rate
13.05
Daily Change
-0.62%
CAD / INR
Current Rate
65.94
Daily Change
0.28%
NZD / CAD
Current Rate
0.7911
Daily Change
-0.16%
CAD / CHF
Current Rate
0.5855
Daily Change
0.20%
AUD / CAD
Current Rate
0.9712
Daily Change
-0.38%
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Canadian dollar today against EUR, GBP & JPY
As of November 12, 2026
EUR/CAD news and daily outlook
EUR/CAD holds steady as tighter European financing conditions limit euro support, while the loonie awaits Canadian building permits.
GBP/CAD news and daily outlook
GBP/CAD edges lower as the loonie stabilises, with stronger UK growth and production figures offering sterling limited support.
Current rate
1.8870 -0.20%
-0.20%
Expected trading range1.8803 - 1.8980
CAD/JPY news and daily outlook
CAD/JPY slips as stronger Japanese wholesale inflation supports BoJ hike expectations, while intervention warnings discourage further yen selling.
Current rate
112.20 0.13%
0.13%
Expected trading range111.59 - 112.66
Useful USD/CAD tools and forecasts
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FAQs
As of November 12, 2026, USD/CAD is trading at 1.4256, meaning one US Dollar buys approximately 1.4256 CAD.
The USD to CAD exchange rate is 1.4256. The pair opened at 1.4252 and has moved 0.03% today.
USD/CAD is essentially unchanged by 0.03% today, with short-term market sentiment currently neutral. 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 essentially unchanged by 0.03%, with a neutral 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 -0.17% over the past month and +3.90% 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.
