CCY:CADUSD

Cad/usd Currency Pair News

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$0.720
-0.0026 (-0.367%)
At Close: Jun 03, 2026
The Canadian Dollar (CAD) is little changed overnight but the softer US Dollar (USD) tone is helping the CAD hold gains below the recent short-term range low, suggesting a bit more strength may develo
The Canadian Dollar (CAD) is little changed and continues to hold its established range, Scotiabank's chief FX strategist Shaun Osborne notes.

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The loonie is the ‘safe-haven' among high-beta currencies, meaning it suffers less during risk-off periods but tends to underperform in broad-based USD declines, especially if driven by worsening US
There is a subtle split in G10 FX performance on the day, with the AUD and NZD firming and the NOK trading a little stronger overall while the JPY and the CHF are tending to underperform. The Canadian
The Canadian Dollar (CAD) is idling in a tight range, Scotiabank's chief FX strategist Shaun Osborne notes.
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