fbpx Skip to main content


Daily Updates

Canadian Dollar Morning Update — June 4, 2020

The rally in the Canadian dollar has been on pause since yesterday.  But that comes on the heals of a 3.5% gain over the prior 7 trading days.  The currency markets continue to be focused themes as opposed to specific macro statistics or policy decisions.  In particular, all financial markets are now increasingly in line with the view that the economic recovery will be robust and quick.  As such, equities have largely recovered ground lost to during the pandemic.  Bond markets are operating normally.  There is no unusual flow into the US dollar as a safe haven.  Oil markets are rebounding.  And so on.  In line with that, the Canadian dollar is now at the same levels as prior to the shutdowns in mid-March.

Are you looking for a better exchange rate?

Get the best exchange rate

Receive daily updates on Canadian dollar

Account to Account Service at Interchange Currency Exchange

Account to Account

If you have US dollar bank account in Canada and are looking to convert in your bank account at better rates than offered by your bank, then this service is for you.

Cash transactions at Interchange Currency Exchange


We have exchange rates that are much better than the banks and we charge no fees.

Money Transfer services at Interchange Financial

Money Transfer

If you are transferring money internationally or receiving money from overseas, we can help you save money as well because of our better exchange rates.