Consensus Canadian Dollar Forecast

August 9, 2022 | About

Long Term

1.290

Short Term

1.278

Today's expected range

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August 9, 2022 in Daily Updates, Views

Canadian Dollar Regains Strength vs. the USD Dollar

After touching its weakest intraday level in over two weeks on Friday at just under 1.299, driven by stronger US and weaker Canadian employment numbers, the Canadian dollar rallied to…
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July 27, 2022 in Daily Updates, Views

CAD gains slightly vs USD on more upbeat market outlook

Global markets have shifted to a more positive outlook after a gloomy close yesterday. A number of better-than-expected corporate earnings announced after the market closed along with relatively less extreme inflation…
Read More

Canadian Dollar Daily Updates

USD to CADDaily UpdatesViews
August 9, 2022

Canadian Dollar Regains Strength vs. the USD Dollar

After touching its weakest intraday level in over two weeks on Friday at just under 1.299, driven by stronger US and weaker Canadian employment numbers, the Canadian dollar rallied to…
Daily UpdatesViews
July 27, 2022

CAD gains slightly vs USD on more upbeat market outlook

Global markets have shifted to a more positive outlook after a gloomy close yesterday. A number of better-than-expected corporate earnings announced after the market closed along with relatively less extreme inflation…
Canadian dollarDaily UpdatesViews
June 8, 2022

Is Canadian Dollar Strengthening or the US Dollar Sputtering?

With the Canadian dollar closing in on a 7-week high against the US Dollar it’s worth asking if it’s the Lonnie is gaining strength or the US dollar sputtering?   As…

The IFC Consensus Canadian Dollar Forecast is based on the aggregation of forecasts by major Canadian and Global banks and trading houses. The methodology used to calculate the forecast takes into account, among other things, the historical accuracy of the forecaster as well as other factors deemed relevant. Short Term refers to forecast for the end of the current quarter. Long Term refers to the forecast for the end of next year. The IFC Canadian Dollar Consensus Forecast is updated periodically.

The contents of this site are for information purposes only, and represent the personal views of the authors. It is not intended in any way as a recommendation to trade, nor does it construe advice whether to buy or sell. No responsibility can be held arising from any loss following consideration of this information. For information specific to your situation you should consult your relevant advisor or investment, legal or accounting professionals. All exchange rate figures displayed on this website are based on interbank exchange rates. These are not trading levels and are for indicative purposes only. Information provided is believed to be reliable when posted. Interchange Financial Corporation (“IFC”) does not guarantee its accuracy and information may change without prior notice. IFC is not responsible in any manner for direct, indirect, special or consequential damages however caused, arising out of the use of this web site.