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

November 26, 2025

Canadian Dollar News - Loonie Steadies as Weak US Data Boosts Support

The US dollar rate today is slipping as softer US labour data raises fresh doubts about economic momentum and strengthens expectations for a potential Fed rate cut, pulling the greenback off recent highs. In contrast, the Canadian dollar rate today is holding firm, supported by a weaker USD and growing confidence that the Bank of Canada will keep rates steady in the near term, helping stabilise sentiment around the loonie. With the CAD to USD exchange rate anchored in a tight range, markets appear cautious, waiting for firmer signals from upcoming data to break the pair out of its current drift. For now, the loonie benefits from a more favourable backdrop, though broader direction remains tied to evolving US economic trends.

Today's Global Currency Highlights

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

USD: US dollar slips as weak labour data fuels doubts over economic momentum and boosts expectations of a Fed rate cut.
CAD:Loonie holds firm as a softer US dollar and expectations of steady BoC rates provide support and help keep sentiment stable.
EUR: Euro steadies as optimism over possible Ukraine peace talks underpins risk appetite, with markets now looking ahead to fresh euro-zone indicators for further direction.
GBP: Pound declines, pressured by pre-budget uncertainty and growing worries about the UK's economic trajectory.
JPY:Yen weakens as fading safe-haven demand and uncertainty around the Bank of Japan’s policy path keep the currency under pressure, limiting any recovery attempts.
AUD:AUD pushes higher as hotter Australian inflation renews policy caution at the RBA, supporting demand for the currency amid improved market sentiment.

CAD Daily Performance Against Global Currencies

Pair	Rates	Daily	Ranges

Today's Economic Calendar

In today’s daily FX spotlight, traders are eyeing a busy economic calendar, dominated by US data releases that could influence both the Canadian dollar today and the broader direction of the US dollar today. The FX calendar features building permits, durable goods orders, initial jobless claims, Chicago PMI, and new home sales - each offering fresh insight into US economic momentum and the Fed’s policy outlook. With no major Canadian releases on tap, the loonie is likely to take its cues from how these US indicators shape risk sentiment and demand for the greenback. A softer set of figures may offer the Canadian dollar today some breathing room, while stronger data could reinforce USD strength and weigh on CAD.

date	event	actual	consensus	previous

Latest events

Canadian Dollar Daily Outlook

The latest Canadian dollar news reflects a cautious backdrop, with the Canadian dollar rate today still struggling to gain meaningful traction as the loonie remains highly sensitive to shifting US data signals. With no major Canadian releases on deck, traders are watching a heavy US data slate—including building permits, durable goods orders, jobless claims, Chicago PMI, and new home sales—to gauge broader market momentum. A softer turn in these indicators could ease pressure on the loonie, while stronger readings may reinforce USD strength and limit any CAD recovery. For now, the Canadian dollar rate today remains range-bound and reactive, waiting for clearer catalysts to drive direction.

USD/CAD Daily Update

What’s the USD/CAD rate today?
As of November 26, 2025, the USD/CAD pair trades at 1.40506, representing a -0.34% move in the last 24 hours.

USD/CAD highlights

USD softens on weak labour signals: The US dollar slips as softer labour data raises concerns about economic momentum and boosts expectations of a Fed rate cut, easing upward pressure on USD/CAD.
Fed cut expectations weigh on USD:As markets price in a more dovish Fed outlook, CAD to USD flows remain sensitive to incoming US indicators that could further shape the policy narrative.
CAD holds firm on stable BoC outlook:The Canadian dollar steadies as expectations for the Bank of Canada to keep rates unchanged help support the loonie, keeping USD/CAD contained despite broader uncertainty.
Softer USD helps cushion CAD:With the greenback losing steam, the loonie benefits from improved sentiment, limiting downside in CAD to USD dynamics even as domestic catalysts remain light

Economic news impacting USD/CAD today

US Building Permits
US Durable Goods Orders
US Initial Jobless Claims
US Chicago PMI
US New Home Sales

Daily trading range

USD/CAD pair is trading near 1.4077, holding within a 1.4045–1.4105 range with a neutral-to-slightly bearish bias.

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EUR/CAD Daily Update

What’s the EUR/CAD rate today?
As of November 26, 2025, the EUR/CAD pair trades at 1.62908, representing a -0.10% move in the last 24 hours.

EUR/CAD highlights

Euro steadies on improved risk tone The euro finds stability as optimism around potential Ukraine peace talks lifts global risk appetite, helping EUR/CAD hold firmer after recent softness.
Geopolitical optimism supports sentiment:Hopes for diplomatic progress provide a modest tailwind for the euro, prompting more balanced CAD to EUR flows as markets temporarily shift away from safe-haven positioning.
Focus turns to upcoming euro-zone data:With sentiment stabilising, traders now look to fresh euro-zone indicators for clearer direction, leaving EUR/CAD momentum dependent on whether incoming data reinforces or tempers the improved tone.

Economic news impacting EUR/CAD today

ECB President Lagarde Speech

Daily trading range

EUR/CADpair is trading near 1.62978, holding within a 1.6260–1.6325 range with a neutral-to-slightly bullish bias.

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GBP/CAD Daily Update

What’s the GBP/CAD rate today?
As of November 26, 2025, the GBP/CAD pair trades at 1.85834, representing a 0.13% move in the last 24 hours.

GBP/CAD highlights

Sterling weakens on pre-budget uncertainty:The pound declines as investors grow increasingly cautious ahead of the upcoming UK budget, keeping GBP/CAD under pressure amid rising fiscal and policy questions.
Economic worries weigh on sentiment:Concerns about the UK’s broader economic trajectory—driven by sluggish growth signals and fragile confidence—limit appetite for sterling, shaping defensive CAD to GBP flows.
Pound remains vulnerable despite broader stability:Even with steady global risk sentiment, domestic uncertainties continue to dominate the outlook, leaving GBP/CAD exposed to further softness until clearer fiscal direction emerges.

Economic news impacting GBP/CAD today

Autumn Forecast Statement (Wednesday)

Daily trading range

GBP/CAD pair is trading near 1.85523, holding within a 1.8510–1.8585 range with a slightly bearish bias.

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CAD/JPY Daily Update

What’s the CAD/JPY rate today?
As of November 26, 2025, the CAD/JPY pair trades at 111.282, representing a 0.58% move in the last 24 hours.

CAD/JPY highlights

Yen softens as safe-haven flows unwind:The Japanese yen weakens as fading demand for safety reduces support for the currency, keeping CAD/JPY elevated after recent gains.
BoJ uncertainty caps recovery attempts:Persistent uncertainty around the Bank of Japan’s policy direction limits any meaningful rebound, maintaining cautious CAD to JPY flows as traders wait for clearer guidance from policymakers.
JPY remains vulnerable amid shifting sentiment:With risk appetite stabilising and no firm signals from the BoJ, the yen stays under broad pressure, reinforcing a soft near-term outlook for CAD/JPY despite small intraday fluctuations.

Economic news impacting CAD/JPY today

BoJ Board Member Noguchi's Speech

Daily trading range

CAD/JPY pair is trading near 111.062, holding within a 110.70–111.45 range with a bullish 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.