Canadian Dollar Monthly Exchange Rates Forecast - July 2025
Access the latest CAD forecast along with major economic event listings. Track projected currency movements and key market drivers to make better-timed international transfers or hedging decisions.
Canadian Dollar Performance
| Currency Pair | Jul 01, 2025 | Weekly Change | Monthly Change | Yearly Change |
|---|---|---|---|---|
| USD / CAD | 1.36 | -0.55% | -0.51% | 0.10% |
| EUR / CAD | 1.61 | 0.42% | 3.01% | 9.28% |
| GBP / CAD | 1.88 | -0.32% | 0.80% | 7.60% |
| CAD / JPY | 105.08 | -0.35% | 0.48% | -11.03% |
| CAD / CHF | 0.58 | -0.99% | -3.30% | -12.15% |
| CAD / CNY | 5.25 | 0.40% | 0.20% | -1.50% |
| CAD / INR | 62.72 | 0.12% | 0.47% | 2.50% |
| AUD / CAD | 0.90 | 0.21% | 1.04% | -1.98% |
| NZD / CAD | 0.83 | 0.02% | 0.77% | -0.32% |
| CAD / MXN | 13.73 | -0.42% | -2.09% | 3.15% |
Canadian Dollar Monthly Forecast
| Currency Pair | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|
| USD / CAD | 1.36 | 1.34 | 1.32 | 1.32 |
| EUR / CAD | 1.58 | 1.61 | 1.65 | 1.65 |
| GBP / CAD | 1.86 | 1.88 | 1.91 | 1.80 |
| CAD / JPY | 105.19 | 102.99 | 102.27 | 96.21 |
| CAD / CHF | 0.60 | 0.59 | 0.58 | 0.59 |
| CAD / CNY | 5.26 | 5.22 | 5.23 | 5.23 |
| CAD / INR | 62.60 | 62.69 | 63.26 | 62.88 |
| AUD / CAD | 0.89 | 0.88 | 0.87 | 0.86 |
| NZD / CAD | 0.82 | 0.82 | 0.81 | 0.77 |
| CAD / MXN | 14.26 | 14.18 | 14.20 | 14.39 |
Key Economic Events This Month
| Key Economic Events This Month | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| USD | Jul 2, 2025 | ADP Nonfarm Employment Change | |||||||||||
| CAD | Jul 3, 2025 | Trade Balance | |||||||||||
| USD | Jul 3, 2025 | Nonfarm Payrolls | |||||||||||
| USD | Jul 3, 2025 | Unemployment Rate | |||||||||||
| USD | Jul 4, 2025 | United States - Independence Day | |||||||||||
| CAD | Jul 11, 2025 | Unemployment Rate | |||||||||||
| CAD | Jul 11, 2025 | Employment Change | |||||||||||
| USD | Jul 15, 2025 | Inflation Rate | |||||||||||
| CAD | Jul 15, 2025 | Inflation Rate | |||||||||||
| USD | Jul 17, 2025 | Retail Sales | |||||||||||
| CAD | Jul 24, 2025 | Retail Sales | |||||||||||
| USD | Jul 25, 2025 | Durable Goods Orders | |||||||||||
| CAD | Jul 31, 2025 | GDP | |||||||||||
| USD | Jul 31, 2025 | Core PCE Price Index | |||||||||||
Upcoming Central Bank Meetings
| Country | Date | Event |
|---|---|---|
| Europe | Jul 24, 2025 | European Central Bank Interest Rate Decision |
| Japan | Jul 29, 2025 | Bank of Japan Interest Rate Decision |
| United States | Jul 30, 2025 | Federal Reserve Interest Rate Decision |
| Canada | Jul 31, 2025 | Bank of Canada Interest Rate Decision |
| UK | Aug 7, 2025 | Bank of England Interest Rate Decision |
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How to read CAD forecast?
The forecast shows you where the Canadian dollar is expected to head over the next few months, based on key market data. Just pick the currency pair you care about (like CAD to USD), and look across the quarters to see how the rate is projected to change.
If the future rate is higher, it could mean the Canadian dollar is expected to weaken. If it’s lower, the loonie might be gaining strength. These forecasts can help you decide when to exchange, transfer, or hold off, giving you more control over your international payments.
How to read CAD forecast?
The forecast shows you where the Canadian dollar is expected to head over the next few months, based on key market data. Just pick the currency pair you care about (like CAD to USD), and look across the quarters to see how the rate is projected to change.
If the future rate is higher, it could mean the Canadian dollar is expected to weaken. If it’s lower, the loonie might be gaining strength. These forecasts can help you decide when to exchange, transfer, or hold off, giving you more control over your international payments.
Understanding volatility and risk in FX markets
Foreign exchange markets are highly sensitive to global events, from geopolitical tensions and economic data to central bank decisions. These factors can trigger sudden shifts in currency values, especially for currencies like the Canadian dollar. As a result, the Canadian dollar exchange rate forecast can quickly change when new information impacts market sentiment.
Unexpected interest rate hikes, surprise inflation readings, or political instability can cause the Canadian dollar to strengthen or weaken rapidly. That’s why forecasts should be viewed as directional insights rather than fixed outcomes—they are based on current conditions but remain susceptible to sudden market volatility.
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