fbpx Skip to main content

Are you looking for a better exchange rate?

Get the best exchange rate

Receive daily updates on Canadian dollar


Daily Updates

USD to CAD Morning Update — July 29, 2020

By July 29, 2020February 23rd, 2024No Comments
The US dollar continues to be under pressure broadly and is down across the board this morning.  The Canadian dollar is up 0.1% against the US currency but is actually an under performer relative to other currencies.  The focus is on the Fed’s announcement later today, where there is a widening expectation that the US central bank will take a dovish posture given the poor Covid situation south of the border.  Negotiations also continue on a US fiscal package directed at Covid.  In general, there is significant pessimism about the US dollar which is now trading at its lowest levels in two years when measured against a basket of trading partners.  The Canadian dollar has partially benefited from that pessimism but is only trading at the levels it saw in early 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

Cash

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.