Daily FX Insights - Global Foreign Exchange

Understand global currency dynamics by tracking key players, like the euro, pound, and the Canadian dollar today, as they respond to economic shifts, market sentiment, and international trade flows.

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October 27, 2025

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Canadian Dollar News - Loonie nudges higher as USD weakens on CPI miss

The Canadian dollar rate today is holding firm, with the loonie inching higher as the greenback fades at the start of the week. The US dollar rate today remains under pressure after Friday’s softer-than-expected CPI print, with markets now looking ahead to key durable goods and housing data. For the moment, USD/CAD appears to be finding a tentative floor, but the absence of heavyweight Canadian releases leaves oil-price swings and US macro surprises in charge of the near-term direction.

Today's Global Currency Highlights

A quick view of the Canadian dollar performance against the USD and other major currencies.

  • USD: US dollar comes under pressure at the start of the week after Friday’s CPI miss, as investors eye key central bank decisions, durables data next on the radar.
  • CAD: Canadian dollar edges higher amid fading USD demand, upside capped in the absence of domestic data, leaving oil price swings and US data as key drivers.
  • EUR: Euro attempts a recovery on USD softness but fails to capitalize on deepening French political crisis as markets eye ECB’s rate verdict later this week.
  • GBP: Sterling extends last week’s rebound, holds its bullish tone as stronger UK retail sales and upbeat flash PMI readings offer the BoE a measure of relief.
  • JPY: Yen rebounds from two-week lows but remains fragile, with upbeat PPI doing little to offset concerns over fading confidence in BoJ tightening prospects.
  • AUD: Australian dollar rallies as optimism around US-China trade relations provides a lift after reports that 100% tariffs on Chinese goods are off the table.

CAD Daily Performance Against Global Currencies

PairRatesDailyRanges

Today's Economic Calendar

In today’s daily FX spotlight, attention turns to the US economic calendar featuring durable goods orders and new home sales, two key indicators of business investment and consumer confidence. The US dollar rate today could gain traction if the data points to sustained economic strength, reinforcing the view that the Federal Reserve may keep policy restrictive for longer. Meanwhile, the Canadian dollar today remains steady, taking cues from broader market sentiment and oil price fluctuations, with traders watching how US data outcomes might shape near-term direction for USD/CAD.

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Canadian Dollar Daily Outlook

The latest Canadian dollar news suggests a steady but cautious tone, with the Canadian dollar rate today holding near recent levels as traders await direction from US data releases. With durable goods orders and new home sales on the calendar, investors are closely watching whether signs of resilience in the US economy could lift the greenback and limit the loonie’s upside. In the absence of key Canadian data, the currency’s moves remain tied to oil price fluctuations and overall market risk appetite, keeping the loonie’s short-term outlook balanced but range-bound.

USD/CAD Daily Update

What’s the USD/CAD rate today?
As of October 27, 2025, the USD/CAD pair trades at 1.40017, representing a 0.06% move in the last 24 hours.


USD/CAD highlights
  • US dollar softens after CPI miss: The greenback comes under pressure as last week’s weaker-than-expected inflation data tempers expectations for aggressive Fed tightening.
  • Focus shifts to upcoming US data: Traders now turn their attention to durable goods and housing figures for fresh signals on economic momentum and policy direction.
  • CAD benefits from fading USD demand: The loonie edges higher at the week’s open, finding modest support as risk sentiment improves and oil prices stabilise.
  • Loonie’s upside capped by quiet domestic calendar: With no major Canadian data releases on tap, the currency’s near-term direction will hinge on external drivers, including oil market trends and US macro updates.

Economic news impacting USD/CAD today

  • US Durable Goods Orders
  • US New Home Sales

Daily trading range

Near-term bias for USD/CAD is neutral to slightly bearish, with the pair expected to trade in a 1.3935–1.4035 range.

Looking for the best USD/CAD exchange rate?

EUR/CAD Daily Update

What’s the EUR/CAD rate today?
As of October 27, 2025, the EUR/CAD pair trades at 1.62901, representing a 0.12% move in the last 24 hours.

EUR/CAD highlights

  • Euro edges higher on softer USD: The common currency finds mild support as the greenback eases, allowing the euro to claw back some of last week’s losses.
  • Political uncertainty in France limits gains: Ongoing tensions in French politics continue to weigh on investor sentiment, preventing a stronger euro rebound.
  • Markets turn focus to ECB decision: Traders are cautious ahead of the European Central Bank’s upcoming rate verdict, which could set the tone for near-term euro direction.

Economic news impacting EUR/CAD today

  • ECB Bank Lending Survey

Daily trading range

Near-term bias for EUR/CAD is neutral, with the pair expected to trade in a 1.6220–1.6320 range.

Save more on the EUR/CAD exchange rate.

GBP/CAD Daily Update

What’s the GBP/CAD rate today?
As of October 27, 2025, the GBP/CAD pair trades at 1.86578, representing a 0.15% move in the last 24 hours.

GBP/CAD highlights

  • Pound maintains bullish momentum: Sterling extends its rebound from last week, supported by stronger U.K. retail sales and encouraging flash PMI figures that signal economic resilience.
  • Upbeat data ease policy pressure: The latest indicators give the Bank of England some breathing room, reducing immediate pressure for near-term rate cuts.
  • Market sentiment turns constructive on GBP: Improved domestic data and firmer risk appetite keep traders favouring the pound against major peers.

Economic news impacting GBP/CAD today

  • BRC Shop Price Index

Daily trading range

Near-term bias for GBP/CAD is slightly bullish, with the pair expected to trade in a 1.8600–1.8720 range.

Don't overpay on CAD to GBP exchange rate.

CAD/JPY Daily Update

What’s the CAD/JPY rate today?
As of October 27, 2025, the CAD/JPY pair trades at 109.325, representing a 0.13% move in the last 24 hours.

CAD/JPY highlights

  • Yen bounces from recent lows: The Japanese yen recovers modestly after hitting two-week lows, though the rebound remains fragile amid cautious market sentiment.
  • Upbeat PPI offers limited relief: Producer price data came in stronger than expected but failed to shift investor expectations around the Bank of Japan’s policy stance.
  • Doubts persist over BoJ tightening path: Growing concerns that the central bank may delay further rate normalization continue to weigh on yen sentiment.

Economic news impacting CAD/JPY today

  • BoJ Core CPI

Daily trading range

Near-term bias for CAD/JPY is slightly bullish, with the pair expected to trade in a 108.80–109.80 range.

Get bank-beating CAD to JPY exchange rates.

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