USD/CAD News & Analysis

Live updates, breaking news, and economic events affecting the dollar loonie exchange rate. Last updated: 17 Mar 2026, 07:16 GMT

Current USD/CAD Rate

1.3694

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📅 Upcoming Events (Next 7 Days)

Producer Price Index MEDIUM IMPACT
18 Mar 2026, 12:30 GMT | Forecast: 3.2
PPI Ex Food, Energy and Trade MEDIUM IMPACT
18 Mar 2026, 12:30 GMT | Forecast: 3.3%
Core PPI MEDIUM IMPACT
18 Mar 2026, 12:30 GMT | Forecast: 3.7%
BoC Interest Rate Decision HIGH IMPACT
18 Mar 2026, 13:45 GMT | Forecast: 2.25%
Factory Orders ex Transportation MEDIUM IMPACT
18 Mar 2026, 14:00 GMT | Forecast: 0.2
Durable Goods Orders Ex Transp MEDIUM IMPACT
18 Mar 2026, 14:00 GMT
Factory Orders MEDIUM IMPACT
18 Mar 2026, 14:00 GMT | Forecast: 0.5
Durable Goods Orders Ex Defense MEDIUM IMPACT
18 Mar 2026, 14:00 GMT
BoC Press Conference HIGH IMPACT
18 Mar 2026, 14:30 GMT
Fed Interest Rate Decision HIGH IMPACT
18 Mar 2026, 18:00 GMT | Forecast: 3.75%

⚡ High Impact News (Last 24 Hours)

FXStreet Forex • 45m ago
BNY’s Americas Macro Strategist John Velis expects no policy change at the March FOMC meeting and very limited forward guidance, as the Federal Reserve grapples with higher inflation expectations from the Middle East conflict and a softening labor market.
ForexLive • 3h ago
Reserve Bank of Australia raise its cash rate by 25bps, as widely expectedBOJ’s Ueda says inflation rising toward 2% ahead of policy meeting - recapTanker struck near Strait of Hormuz as UK maritime agency warns shipsAustralian confidence hits pandemic low as inflation expectations surge before RBA hikeFed faces new inflation shock as Middle East war cuts rate-cut odds this year to 47%Japan officials signal vigilance on yields, fiscal policy and FX as yen weakness persistsPBOC sets USD/ CNY ce...
FXStreet Forex • 3h ago
The US Dollar (USD) holds its Monday’s corrective move, which was driven by a significant retracement in the oil price that eased de-anchored consumer inflation concerns.
FXStreet Forex • 5h ago
The NZD/USD pair meets with a fresh supply during the Asian session on Tuesday and erodes a part of the previous day's solid recovery from the vicinity of a one-month low, touched last week.
ForexLive • 5h ago
Earlier:Morgan Stanley sees Fed cuts starting June, warns oil at $125–$150 raises recession risk---A new energy shock linked to the Middle East conflict is complicating the Federal Reserve’s path toward rate cuts.This via Nick Timiraos, Wall Street Journal (gated). In brief .... Summary:The Federal Reserve is confronting new inflation risks linked to the Middle East conflict, complicating expectations for rate cuts.The Fed’s preferred inflation gauge, core PCE, accelerated to 3.1% in Janua...

📰 Latest USD/CAD News

FXStreet Forex • 17 Mar 2026, 06:30 GMT HIGH IMPACT
BNY’s Americas Macro Strategist John Velis expects no policy change at the March FOMC meeting and very limited forward guidance, as the Federal Reserve grapples with higher inflation expectations from the Middle East conflict and a softening labor market.
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ForexLive • 17 Mar 2026, 03:54 GMT HIGH IMPACT
Reserve Bank of Australia raise its cash rate by 25bps, as widely expectedBOJ’s Ueda says inflation rising toward 2% ahead of policy meeting - recapTanker struck near Strait of Hormuz as UK maritime agency warns shipsAustralian confidence hits pandemic low as inflation expectations surge before RBA hikeFed faces new inflation shock as Middle East war cuts rate-cut odds this year to 47%Japan officials signal vigilance on yields, fiscal policy and FX as yen weakness persistsPBOC sets USD/ CNY ce...
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FXStreet Forex • 17 Mar 2026, 03:18 GMT HIGH IMPACT
The US Dollar (USD) holds its Monday’s corrective move, which was driven by a significant retracement in the oil price that eased de-anchored consumer inflation concerns.
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FXStreet Forex • 17 Mar 2026, 01:57 GMT HIGH IMPACT
The NZD/USD pair meets with a fresh supply during the Asian session on Tuesday and erodes a part of the previous day's solid recovery from the vicinity of a one-month low, touched last week.
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ForexLive • 17 Mar 2026, 01:52 GMT HIGH IMPACT
Earlier:Morgan Stanley sees Fed cuts starting June, warns oil at $125–$150 raises recession risk---A new energy shock linked to the Middle East conflict is complicating the Federal Reserve’s path toward rate cuts.This via Nick Timiraos, Wall Street Journal (gated). In brief .... Summary:The Federal Reserve is confronting new inflation risks linked to the Middle East conflict, complicating expectations for rate cuts.The Fed’s preferred inflation gauge, core PCE, accelerated to 3.1% in Janua...
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FXStreet Forex • 17 Mar 2026, 01:15 GMT MEDIUM IMPACT
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 6.8961 compared to the previous day's fix of 6.9057 and 6.8874 Reuters estimate.
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ForexLive • 17 Mar 2026, 01:15 GMT MEDIUM IMPACT
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. PBOC injects 51bn yuan in 7-day reverse repos at 1.4% (unchanged) in open market operations This article was written by Eamonn Sheridan at investinglive.com.
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ForexLive • 17 Mar 2026, 00:48 GMT HIGH IMPACT
Morgan Stanley expects the Fed to begin cutting rates in June but warns a surge in oil prices could lift U.S. recession risk.The Federal Reserve's Federal Open Market Committee (FOMC) meet March 17 and 18. Summary:Morgan Stanley maintains its forecast that the Federal Reserve will begin cutting interest rates in June, with another reduction expected in September.The bank believes easing will begin even as inflation risks remain elevated due to energy prices.Chief economist Michael Gapen warns th...
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ForexLive • 17 Mar 2026, 00:21 GMT MEDIUM IMPACT
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most closely watched signals in Asian foreign exchange markets. China operates a managed floating exchange rate system, under which the renminbi (yuan) is allowed to trade within a prescribed band around a central reference rate, or midpoint, set each trading day by the PBOC. The current trading band permits the currency to move plus or minus 2% ...
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FXStreet Forex • 16 Mar 2026, 18:59 GMT MEDIUM IMPACT
The US Dollar (USD) reversed its four-day positive streak on Monday after markets assessed the United States (US) strike on Kharg Island, a strategic Iranian Oil outpost in the Persian Gulf, and warned that if Tehran continues to disrupt naval activity in the Strait of Hormuz, the US could target Oi
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FXStreet Forex • 16 Mar 2026, 14:09 GMT HIGH IMPACT
Royal Bank of Canada (RBC) Senior Economist Claire Fan notes that Canadian headline inflation slowed to 1.8% in February, but base effects from last year’s GST/HST holiday and the removal of the consumer carbon tax distort comparisons.
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FXStreet Forex • 16 Mar 2026, 13:54 GMT HIGH IMPACT
USD/CAD trades on the back foot on Monday as the Canadian Dollar (CAD) draws support from a softer US Dollar (USD), while traders show a muted reaction to the latest Canadian inflation data as attention remains firmly focused on heightened geopolitical tensions surrounding the ongoing US-Iran war.
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FXStreet Forex • 16 Mar 2026, 13:43 GMT MEDIUM IMPACT
The United States (US) Industrial Production rose 0.2% MoM in February versus the 0.7% advance from January. At the same time, Capacity Utilization stood at 76.3%, matching the revised figure from January, according to a Federal Reserve (Fed) report.
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ForexLive • 16 Mar 2026, 13:30 GMT MEDIUM IMPACT
The USDCAD is moving lower on the day as markets react to an improvement in global risk sentiment tied to easing Middle East tensions. The shift in tone has pushed stocks higher, yields higher, oil prices lower, and the USD broadly weaker, helping to weigh on the USDCAD.From a technical perspective, the pair has rotated lower after once again failing near the key swing resistance area between 1.37149 and 1.3724. That zone has acted as an important ceiling dating back to mid-January. On Friday, t...
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Investing.com Forex • 16 Mar 2026, 13:12 GMT MEDIUM IMPACT
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Frequently Asked Questions

Why is USD/CAD moving today?

USD/CAD movements are primarily driven by interest rate decisions from the Federal Reserve (Fed) and Bank of Canada (BoC), economic data releases from the US and Canadian economies (CPI, GDP, employment), and geopolitical events. Check our live news feed above for today's specific drivers.

How often is USD/CAD news updated?

Our news feed is automatically updated every 15 minutes from trusted sources including Reuters, Bloomberg, and major forex news providers. Breaking rate alerts are generated instantly when significant moves (>0.5%) are detected.

What affects the USD/CAD exchange rate?

Key factors include Federal Reserve (Fed) and Bank of Canada (BoC) interest rate policies, economic data releases (US CPI, Federal Reserve interest rates, Non-Farm Payrolls (NFP), GDP; Canadian CPI, BoC rate decisions, employment data, oil prices), political events, trade balances, and market sentiment. Major announcements from Fed Chair and FOMC members and BoC Governor and Governing Council often trigger significant moves.