USD/CAD live price and chart
US Dollar / Canadian Dollar
USD/CAD chart
About USD/CAD
USD/CAD, the loonie, links two closely tied economies. Oil prices matter because crude is one of Canada's largest exports, and Canadian jobs and inflation data are often released at the same time as US figures.
Also known as: loonie, canadian dollar
What moves USD/CAD
- Federal Reserve interest rate decisions and the rate path in its projections
- US inflation (CPI) and jobs reports such as non-farm payrolls
- Demand for the dollar as a safe asset when markets are stressed
- Bank of Canada decisions and Canadian jobs and inflation data
- Oil prices, because Canada is a major oil exporter
When USD/CAD trades
Currency pairs trade around the clock from 17:00 New York time on Sunday to 17:00 on Friday. Activity and liquidity are usually highest when the London and New York sessions overlap. Check which centres are open on the market sessions clock, and upcoming releases on the economic calendar.
USD/CAD news
All newsUS third-quarter GDP and September PCE inflation due 29 October: what to look for
Bank of Canada decides on 28 October: the rate has been 2.25% since September
Fed decision on 28 October: no new projections, with PCE inflation at 3.4% and hiring slowing
Week ahead, 26–30 October 2026: the Fed, ECB, Bank of Japan, Bank of Canada and RBNZ all decide, and US GDP lands
Fed decides 28 October after September's hike
US 10-year Treasury yield closes below 5% for the first time since 22 September
Upcoming events
CalendarUSD/CAD questions
What moves USD/CAD?
Federal Reserve interest rate decisions and the rate path in its projections; US inflation (CPI) and jobs reports such as non-farm payrolls; Demand for the dollar as a safe asset when markets are stressed; Bank of Canada decisions and Canadian jobs and inflation data; Oil prices, because Canada is a major oil exporter.
When does USD/CAD trade?
Currency pairs trade around the clock from 17:00 New York time on Sunday to 17:00 on Friday. Activity and liquidity are usually highest when the London and New York sessions overlap.
Where can I follow USD/CAD news?
This page lists FTC's latest USD/CAD news and the upcoming economic events for its currencies. All reports are in the forex news section, and times are on the economic calendar.