fbpx Skip to main content

Cart

Daily Updates

USD to CAD Morning Update — June 17, 2020

The US dollar is mixed against the major currencies this morning.  The equity markets are pointing up but the Canadian dollar is flat.  This is somewhat unusual given the recent tight correlation between the two.  Equities are trading up as a reflection of positive sentiment about the US economy but the Canadian dollar and other risk currencies are held back by some of the negative noise coming out of Asia and lower oil prices.  The retail sales number in the US has reinvigorated expectations of a V-shaped recovery.  But the potential re-emergence of the virus in Beijing is creating more uncertainty about the future course of the pandemic in Asia.


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.