Is USD to CAD going up or down?

As of February 25, 2026, the exchange rate for USD to CAD is 1.36811, denoting a -0.12% change. The pair is showing downward trend based on recent market activity and economic data.

What is the Canadian dollar worth today?

The value of the Canadian dollar today depends on how it’s performing against major global currencies. Based on the latest market levels, the USD/CAD pair is trading around 1.36811, giving a sense of how the loonie is positioned against the US dollar. Against the euro, EUR/CAD is hovering near 1.61528, while the British pound sits around 1.85465 on the GBP/CAD pair. For those watching the yen, the CAD/JPY rate is currently near 114.271, offering a snapshot of CAD strength in Asian markets.

What is the prediction of the Canadian dollar against the US dollar?

The USD/CAD exchange rate has moved, influenced by shifting interest rate expectations, economic data, and global market sentiment. You can track current and historical trends on the MTFX live rates and FX forecast pages.

Is now a good time to buy Canadian dollars?

The current USD to CAD exchange rate is 1.36811. If that's not your desired rate and you're looking to buy CAD, consider setting a USD/CAD currency rate alert through MTFX so you can receive notifications when the pair reaches your target rate.

What is the forecast for CAD to USD in 2025?

The CAD to USD exchange rate has shown a -0.12% daily change, reflecting ongoing movements in interest rates, economic data, and market sentiment. While forecasts vary, you can view the latest projections and trend analysis on the MTFX CAD forecast page.

Is the Canadian dollar worth more than the American dollar?

No, the Canadian dollar is not worth more than the American dollar. In most market conditions, 1 USD buys more than 1 CAD, meaning the US dollar holds the higher value. The USD/CAD exchange rate shows this difference day to day.

How is the CAD performing today?

Today, the Canadian dollar is demonstrating remarkable resilience, buoyed by robust economic indicators and favourable global market sentiments. As it nudges against major currencies, it presents an opportunity for those closely monitoring its movements. The currency's value reflects strengthened domestic economic growth and greater optimism about trade volumes. This resilience demonstrates Canada’s adaptability in volatile markets. Strategists are confident, recognizing the CAD's underlying momentum, sustained by healthy commodity prices and steadfast monetary policies. Consequently, the loonie is maintaining its strength internationally. Investors are witnessing positive trends and are keen on leveraging the Canadian dollar’s performance. The country’s fiscal policies remain supportive, boosting global economic confidence. Furthermore, the CAD's current trajectory suggests an expanded scope for future gains, allowing an optimistic outlook for stakeholders. Anticipated policy shifts in global markets may also favour the Canadian currency's position. In sum, today’s progress in CAD speaks volumes of its enduring competitiveness. Market players continue to watch the loonie’s path with an eye on long-term opportunities

Can I exchange USD for CAD?

Certainly, exchanging USD for CAD is a straightforward process managed effortlessly in Canada through various financial channels. Firstly, currency conversion is facilitated by banks, which remain one of the most reliable avenues for exchanging your USD for CAD. These institutions not only provide convenience but also offer competitive rates backed by comprehensive financial services. Additionally, major banks have branches and ATMs widely distributed across the country, enhancing your access to seamless currency exchange transactions. Furthermore, alternative financial services such as currency exchange booths and online platforms can often provide appealing rates or lower transaction fees compared to traditional bank setups. These facilities are especially beneficial when time is of the essence or when a more favourable exchange rate is sought after. Using these platforms provides a quick and efficient means to convert currencies with user-friendly interfaces and secure transaction protocols. Finally, whether exchanging money for travel, business, or investment, it is advisable to stay updated on current exchange rates, as this knowledge empowers consumers to make informed financial decisions. Embracing digital resources or visiting financial institutions directly can provide you with the latest insights and an optimal exchange experience.

What is the CAD exchange rate?

The Canadian dollar, an essential pillar of the nation's economic architecture, fluctuates in value against other major currencies based on myriad dynamic factors. These factors include commodity prices, global economic trends, and fiscal policies, each of which plays a critical role in shaping exchange rates. Focusing on commodities, Canada’s abundant natural resources, particularly oil, significantly influence the dollar's value. Changes in oil prices often trigger corresponding shifts in the currency's worth. Globally, the Canadian economy's interaction with significant currencies like the US dollar and the Euro further bolsters its performance. These interactions can pivot on trade balances, investment trends, and central bank actions. Domestically, the Bank of Canada’s policies are pivotal. Interest rate adjustments, policy announcements, and economic outlooks projected by the Bank significantly influence investor confidence and currency valuation. In light of such complexities, the exchange rate can be seen as a live barometer of the underlying economic health and future expectations surrounding Canada's economic position. Currency traders, investors, and policymakers all maintain a keen interest in the loonie’s movements given their broad implications. Ultimately, understanding these intricate relations equips businesses with strategies to mitigate risk while capitalizing on opportunities that exchange rate movements present. The currency's resilience is a testament to its ability to anchor Canada’s economic aspirations firmly on the global stage.

Can I use CAD for online purchases?

Leveraging the power of your Canadian dollars for online purchases offers a straightforward, seamless experience, as most Canadian online retailers readily accept CAD. This ease of transaction simplifies online shopping, ensuring that your financial dealings remain within familiar and advantageous parameters. For international transactions, however, it's important to recognize the potential for currency conversion. Many global platforms cater to Canadian consumers by offering CAD as an accepted currency, but it is crucial to verify this option during checkout. Utilizing CAD for online purchases can also provide a strategic advantage in managing currency risk, particularly when exchange rates are unfavourable or volatile. This stability allows consumers and businesses alike to optimize their financial strategies, avoiding unnecessary fees and fostering economic efficiency. The digital economy's spirited momentum means numerous platforms now offer multi-currency capabilities, expanding buying power and access worldwide. For businesses, this means expanding their horizons beyond commerce; for consumers, it means enjoying the burgeoning variety of products and services without currency barriers. In this evolving landscape, Canadian consumers are empowered to navigate and seize opportunities in the vast expanse of global online commerce, enhancing both their purchasing experiences and economic participation.

What affects the value of the Canadian dollar?

The value of the Canadian dollar reflects both domestic and international economic realities. Its fluctuations are guided by a tapestry of factors, from the vibrant pulse of global commodity markets to the nuanced shifts in monetary policy. Taking centre stage, the Canadian economy's heavy reliance on natural resources, notably oil, means that fluctuations in these market prices can have a dramatic impact on the dollar. When oil prices soar, the loonie tends to strengthen as Canada enjoys a surge in export revenues and an enhanced international economic standing. Moreover, economic policies crafted by the Bank of Canada significantly sway the dollar's trajectory. Changes in interest rates, for example, can alter investor behaviour, affecting capital inflows and outflows and thereby influencing currency value. The anticipation of policy directions often stirs market sentiment, reverberating across global forex markets. Additionally, global economic conditions extend their influence across borders. From economic growth rates in trading partner countries to geopolitical events that shake investor confidence, external trends cast a profound influence over the loonie’s valuation. Understanding these shifting dynamics enables stakeholders to navigate the currents of the international financial landscape effectively, ensuring the Canadian dollar remains resilient and competitive on the world stage.

Currency Updates

Forecast and Trends: Canadian Dollar Today

Understand global finance dynamics by tracking key players, like the euro, pound, and the Canadian dollar today, including monitoring the USD to CAD exchange rate, as they respond to the daily exchange rates, economic shifts, market sentiment, and international trade flows using a currency converter.

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Written by Ash Abbasi

February 25, 2026

Canadian Dollar News - CAD firm amid renewed pressure on USD

USD/CAD is trading with a softer tone as the US dollar rate today struggles to extend its early-week rebound, with improved risk sentiment weighing on the greenback. While the dollar initially showed resilience, fading momentum has left the exchange rate consolidating as markets turn their focus to upcoming jobless claims and scheduled Fed speeches for clearer policy direction. Any shift in tone from Fed officials could quickly influence CAD to USD positioning and reshape short-term flows. Meanwhile, the Canadian dollar rate today remains relatively steady, supported by renewed USD softness and stable oil prices. However, lingering dovish Bank of Canada expectations continue to cap upside potential. Unless US data materially surprises or oil breaks decisively higher, the exchange rate is likely to remain range-bound rather than move into a sustained trend.

Today's Global Currency Highlights

A quick view of the CAD today against the USD and other major currencies.

USD: US dollar’s early-week resilience fades, struggles to extend its rebound amid improved mood, markets eye jobless claims and Fed speeches for direction.
CAD: Canadian dollar remains steady as renewed USD softness and stable oil prices offset broader pressures, though dovish BoC expectations keep gains contained.
EUR: Euro trades directionless after January CPI meets expectations, mixed German data and cautiously optimistic remarks from ECB Lagarde limit downside.
GBP: Sterling retreats from overnight highs, remains subdued as markets grow increasingly confident that the BoE could cut rates as early as March meeting.
JPY: Yen continues to lag as uncertainty surrounds the Bank of Japan’s tightening path, with comments from PM Takaichi casting doubt on further rate hikes.
AUD: Australian dollar surges toward multi-year highs as inflation pressures intensify, reinforcing expectations of a more hawkish RBA policy stance.

CAD Daily Performance Against Global Currencies

Pair	Rates	Daily	Ranges

Today's Economic Calendar

In today’s daily FX spotlight, activity is expected to remain relatively measured as the economic calendar shows no major data releases. With a quiet FX calendar, price action may be driven more by broader risk sentiment and positioning flows than fresh fundamentals. The US dollar today is likely to take cues from global headlines and shifting rate expectations, while the Canadian dollar today may track commodity prices and overall market mood. In the absence of key economic events, daily FX moves could remain range-bound, with traders awaiting stronger catalysts to define the next directional trend.

date	event	actual	consensus	previous

Latest events

Canadian Dollar Daily Outlook

The latest Canadian dollar news points to a relatively steady near-term outlook, with the Canadian dollar rate today trading in a tight range amid a lack of fresh domestic catalysts. With no major releases on the economic calendar, direction is likely to remain influenced by broader US dollar sentiment, oil price movements, and global risk tone. Stable crude prices are helping to cushion downside pressure, while lingering dovish Bank of Canada expectations continue to limit stronger upside attempts. In the absence of decisive data, the Canadian dollar rate today may continue to consolidate, tracking external drivers rather than establishing a clear directional trend.

USD/CAD Daily Update

What’s the USD/CAD rate today?
On February 25, 2026, the USD/CAD pair is trading at 1.36811, representing a -0.12% move in the last 24 hours.

USD/CAD highlights

USD momentum fades as risk tone improves: The US dollar struggles to extend its early-week rebound, with improved market sentiment weighing on the greenback and keeping USD/CAD from pushing decisively higher.
Jobless claims and Fed remarks in focus: Traders are closely watching upcoming jobless claims and Fed speeches for clearer policy signals, which could shift near-term CAD to USD flows.
CAD steadies on softer USD backdrop: The Canadian dollar holds firm as renewed USD softness and stable oil prices help offset broader macro pressures.
Dovish BoC expectations cap upside: Lingering bets on a more accommodative Bank of Canada stance continue to limit stronger gains, keeping USD/CAD biased toward consolidation rather than a sustained move lower.

Economic news impacting USD/CAD today

CAD Corporate Profits
US Fed Barkin's Speech

Daily trading range

USD/CAD pair is fluctuating within a recent 1.3650–1.3750 range and holding near the mid-range of that band with a neutral bias.

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EUR/CAD Daily Update

What’s the EUR/CAD rate today?
On February 25, 2026, the EUR/CAD pair is trading at 1.61528, representing a 0.20% move in the last 24 hours.

EUR/CAD highlights

Euro trades sideways after in-line CPI: The euro remains directionless as January inflation data meets expectations, offering little fresh impetus for EUR/CAD.
Mixed German data tempers conviction: Uneven readings from Germany keep sentiment cautious, preventing stronger momentum in CAD to EUR flows.
Lagarde’s tone limits downside risk: Cautiously optimistic remarks from ECB President Lagarde help stabilize sentiment, keeping EUR/CAD anchored within a consolidation phase.

Economic news impacting EUR/CAD today

ECB President Lagarde Speech (Thursday)

Daily trading range

EUR/CAD today is fluctuating within a recent 1.6050–1.6200 range and holding near the mid-to-upper end of that band with a neutral-to-slightly constructive bias.

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GBP/CAD Daily Update

What’s the GBP/CAD rate today?
On February 25, 2026, the GBP/CAD pair is trading at 1.85465, representing a 0.37% move in the last 24 hours.

GBP/CAD highlights

Sterling pulls back from recent highs: The pound retreats from overnight peaks as selling pressure re-emerges, keeping GBP/CAD off its recent highs.
March rate cut bets weigh on sentiment: Growing confidence that the Bank of England could begin easing as early as the March meeting limits upside momentum in CAD to GBP flows.
GBP/CAD bias turns cautious: With policy easing expectations building, GBP/CAD remains vulnerable to further consolidation unless incoming UK data shifts the outlook.

Economic news impacting GBP/CAD today

Consumer Confidence (Thursday)

Daily trading range

GBP/CAD is fluctuating within a recent 1.8400–1.8600 range and holding near the upper end of that band with a modestly constructive bias.

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CAD/JPY Daily Update

What’s the CAD/JPY rate today?
On February 25, 2026, the CAD/JPY pair is trading at 114.271, representing a 0.51% move in the last 24 hours.

CAD/JPY highlights

Yen underperforms amid policy uncertainty: The Japanese yen continues to lag as doubts grow over the Bank of Japan’s tightening trajectory, limiting bullish conviction.
Political commentary clouds outlook: Remarks from PM Takaichi casting doubt on further rate hikes have tempered expectations for additional policy normalization.
CAD/JPY remains supported: With tightening bets fading, CAD/JPY stays underpinned unless fresh signals from the BoJ revive expectations of a more hawkish shift.

Economic news impacting CAD/JPY today

Foreign Bonds Buying

Daily trading range

CAD/JPY today is fluctuating within a recent 113.50–115.00 range and holding near the upper end of that band with a modestly constructive bias.

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Written by

Ash Abbasi

Director of Sales

Ash Abbasi is the Director of Sales at MTFX, specializing in corporate FX and cross-border payment solutions for Canadian businesses. With a background in sales leadership and account management across global markets, he helps clients optimize international transactions and manage currency risk. Ash holds a degree from Aston Business School and a postgraduate diploma from Humber College.

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