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Canadian Dollar to US Dollar (CAD/USD) Forecast for 2024, 2025, 2026. Sell or Buy?
Updated: January 16, 2025 (3:21)
Reverse forecast: USD to CAD
Canadian Dollar / US Dollar price online today
| Now | Tomorrow | 7 Days | 30 Days | |
|---|---|---|---|---|
| 100 Canadian Dollar (CAD) to US Dollar (USD) | 69 | 69 | 68.2 | |
| 200 Canadian Dollar (CAD) to US Dollar (USD) | 138 | 137.9 | 136.3 | |
| 500 Canadian Dollar (CAD) to US Dollar (USD) | 345.1 | 344.8 | 340.8 | |
| 1000 Canadian Dollar (CAD) to US Dollar (USD) | 690.2 | 689.7 | 681.5 | |
| 3000 Canadian Dollar (CAD) to US Dollar (USD) | 2070.5 | 2069.1 | 2044.6 |
How much will the CAD/USD currency pair cost in 2025, 2026 and 2027? What is the forecast for the CAD/USD currency pair? What is the target price of the Canadian Dollar / US Dollar currency pair for 2025-2027?
We continuously scrutinize the key events in the news flow to assist you in tackling the essential question: Will the Canadian Dollar rise or fall against the US Dollar?
Identifying the trend of the CAD/USD currency pair
The recent developments in financial markets indicate a mixed outlook for the CADUSD exchange rate. The neutral sentiment toward money laundering allegations associated with the Huione app and concerns about bond market reactions to Trump's potential second term suggest investors remain cautious about economic stability, applying modest pressure on the USD.
Meanwhile, sluggish retail growth and rising jobless claims underscore potential weaknesses in U.S. consumer spending, contributing to subtle headwinds for the USD. Despite these factors, a forecast from an Asian asset management firm predicting Bitcoin's rise to $300,000 by 2025 signals a somewhat bullish sentiment, as projected capital inflows into cryptocurrencies may support the USD through increased demand for USD-backed investments.
Furthermore, the rise of the yuan in oil trade transactions, despite a minor challenge to the petrodollar dominance, exerts limited impact on the USD, maintaining neutral sentiment. Overall, investors should monitor these dynamics closely, as they portray an outlook of cautious optimism with potential for USD growth or stabilization relative to the CAD in the near-term.
CAD Trend Prediction
As of now, Panda has analyzed 1 news pieces concerning the CAD currency. The average relevance score for these news items is 0.33 (with the closer to 1 being more relevant).|
2025-01-09
|
Bullish | Impact: 0.27 | News: 1 (1/0/0) |
Young Wall Street Challengers Eye Goldman Sachs
January 9, 2025 (14:00)
Trend: Somewhat-Bullish
Influence: 0.27
The rise of new financial players taking on established firms like Goldman Sachs may signify increased competition and innovation in financial markets, positively influencing investor sentiment. This optimistic outlook could result in a somewhat bullish effect on the Canadian Dollar as investors seek diversified portfolios.
USD Trend Forecasting
Regarding the USD currency, 167 news pieces were analyzed. The average relevance of these news items is 0.26 (the closer to 1, the higher).|
2025-01-16
|
Neutral | Impact: 0.06 | News: 9 (3/5/1) |
|
2025-01-15
|
Neutral | Impact: 0.14 | News: 3 (1/2/0) |
|
2025-01-14
|
Bullish | Impact: 0.13 | News: 4 (2/2/0) |
|
2025-01-13
|
Neutral | Impact: -0.02 | News: 6 (0/6/0) |
|
2025-01-10
|
Neutral | Impact: 0.19 | News: 4 (1/3/0) |
|
2025-01-08
|
Bullish | Impact: 0.19 | News: 7 (4/3/0) |
|
2025-01-09
|
Neutral | Impact: 0.11 | News: 5 (0/5/0) |
Google Removes Huione App Due to Money Laundering Concerns
January 16, 2025 (15:55)
Trend: Neutral
Influence: 0.13
The news about money laundering allegations connected to a widely-used app can lead to uncertainty in financial markets, though its impact on the USD remains neutral. This is reflected in the neutral sentiment score, suggesting that investors do not view this incident as significantly affecting the USD exchange rate.
What Keeps Bond Markets From Embracing Trump's Economic Policies
January 16, 2025 (14:30)
Trend: Neutral
Influence: -0.04
The sell-off in bond markets, amid a Federal Reserve easing cycle, signals investor concern over economic stability in Trump's potential second term. This uncertainty appears to contribute to a slightly negative sentiment towards the USD, reflecting cautious trader behavior.
This chart provides a comparative trend analysis of sentiment scores over time for CAD and USD currencies, displaying their respective news coverage and associated sentiment.
By visualizing sentiment trends and news volume, investors and brokers can identify potential market-moving events, gauge market sentiment, and make more informed trading decisions.
Historical and forecast chart of the Canadian Dollar/US Dollar currency pair
The chart below shows the historical quotes of the CAD/USD pair and the forecast chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. A detailed forecast of the Canadian Dollar/US Dollar rate can be found in the table below.
Long-term forecasts by years.
USD Main News
Sluggish Retail Growth and Rising Jobless Claims Put Pressure on US Consumer Spending
January 16, 2025 (13:52)
Trend: Neutral
Influence: -0.02
The slowing retail sales growth and increasing jobless claims indicate potential weaknesses in consumer spending, which can dampen economic growth prospects. This negative sentiment likely contributes to a subdued effect on the USD exchange rate, reflecting uncertainties in the economic outlook.
Asset Management Firm Predicts Bitcoin To Hit $300K By 2025
January 16, 2025 (13:48)
Trend: Somewhat-Bullish
Influence: 0.32
The report indicates a potential influx of $3 trillion in traditional capital into the cryptocurrency market, which could strengthen the USD as it would likely increase demand and liquidity for USD-backed investments like ETFs. The bullish sentiment on Bitcoin also suggests increased interest in cryptocurrencies, positioning the USD exchange market for potential growth as investors diversify their portfolios.
Rise of Yuan in Oil Trade Challenges Petrodollar Dominance
January 16, 2025 (11:30)
Trend: Neutral
Influence: -0.04
The increased use of the yuan in oil trade settlements, facilitated by digital currency integration and financial technology enhancements, is applying slight downward pressure on the USD. However, the petrodollar's entrenched position means its impact remains limited, reflected in the neutral sentiment toward the USD.
Asia Rallies, Euro Mix; Dollar Stabilizes Overnight
January 16, 2025 (11:25)
Trend: Bearish
Influence: -0.49
The U.S. dollar has experienced a slight decline against the basket of currencies, including USD/JPY, amid escalating precious metal prices. As investors seek refuge in gold and silver, uncertainties in the global market seem to be pressuring the dollar downward.
Trump's Treasury Nominee Scott Bessent Asserts The Dollar's Global Primacy Amid Bitcoin Reserve Speculation
January 16, 2025 (07:22)
Trend: Somewhat-Bullish
Influence: 0.25
The nomination of Scott Bessent with his strong endorsement to preserve the dollar's role as the world's reserve currency could foster confidence in the USD, contributing to its 'Somewhat-Bullish' sentiment. However, the backdrop of potential U.S. government interest in bitcoin as a strategic reserve introduces an element of uncertainty that might temper investor enthusiasm for the dollar.
Incoming Treasury Nominee Vows to Secure Dollar's Global Status, Promotes Vision for Economic Revival
January 16, 2025 (03:35)
Trend: Somewhat-Bullish
Influence: 0.34
The nominee's commitment to maintaining the dollar's status as a global reserve currency instills confidence in international markets, suggesting stability and continuity. The outlined vision for a 'new economic golden age' evokes optimism that could drive positive sentiment and potentially strengthen the USD.
Indian Rupee's Decline Strains India Inc: CFOs Advised to Hedge and Diversify Amid NRI Opportunities
January 16, 2025 (02:52)
Trend: Neutral
Influence: 0.06
The depreciation of the Indian rupee against the US dollar emphasizes the need for Indian companies to hedge against currency risks, impacting their cost structures and potentially increasing demand for US dollars to settle dollar-denominated debts. This situation can lead to a neutral impact on the USD exchange rate as companies balance debt repayment needs with investment opportunities from NRIs seeking to invest in Indian markets.
Cryptocurrency Rally Driven by Key CPI Report
January 15, 2025 (19:55)
Trend: Neutral
Influence: 0.15
The CPI report potentially signals changes in inflation expectations, which can affect currency values. A neutral sentiment suggests that while the report is important for crypto, its immediate impact on the USD exchange rate is not significant or clear-cut.
Did an underestimation of the dollar contribute to the rupee's decline?
January 15, 2025 (13:14)
Trend: Neutral
Influence: 0.1
The neutral sentiment towards the USD reflects uncertainty about the future of its exchange strength amidst policy evaluations. With questions surrounding US and Indian interest rate decisions, the USD's performance seems stable for now, lacking strong directional influence.
Arrest of South Korean Leader Fails to Rattle Markets as KOSPI Rises, Won Remains Steady
January 15, 2025 (02:34)
Trend: Somewhat-Bullish
Influence: 0.17
The stability of the South Korean won, despite the political upheaval, suggests investor confidence in the country's economic fundamentals, slightly bolstering the USD. The KOSPI's rise indicates that the political situation may not significantly disrupt economic activities, leading to a somewhat bullish sentiment for the USD.
Bitcoin Rebounds Above $97,000 Amid Light Inflation Data and Increased Risk Appetite
January 14, 2025 (14:38)
Trend: Neutral
Influence: -0.02
The rise in Bitcoin and other risk assets following a light inflation reading may have slightly weakened the USD, as indicated by the negative sentiment score. This suggests that investors might be shifting to riskier assets, perceiving less need for safety in the US dollar amid a favorable inflation outlook.
Asia and European Markets Rise as U.S. Dollar Sees Decline - Global Financial Update
January 14, 2025 (11:19)
Trend: Neutral
Influence: 0.11
The slight cooling of the U.S. Dollar index, as described in the summary, reflects global market dynamics where increased investor confidence in Asian and European markets reduces the demand for the USD as a safe haven. Despite this small decline, the sentiment remains neutral, suggesting that the exchange rate's movement is seen as part of standard fluctuations in global trade rather than indicating significant economic shifts.
Hong Kong's Strategy to Attract Wealthy Families: Low Taxes and Currency Stability
January 14, 2025 (10:00)
Trend: Somewhat-Bullish
Influence: 0.24
Hong Kong's commitment to maintaining low taxes and a currency peg can enhance its attractiveness to family offices, potentially increasing inflows into the region. This could strengthen the Hong Kong dollar's stability against the USD, contributing to a somewhat bullish sentiment towards the USD due to its economic positioning with a key international financial hub.
Is the Indian Rupee Set to Hit 90 Against the Dollar?
January 14, 2025 (06:17)
Trend: Somewhat-Bullish
Influence: 0.2
The sharp depreciation of the Indian rupee against the dollar is contributing to a somewhat bullish sentiment towards the USD. As the rupee's value falls, the demand for USD is likely increasing, making the dollar stronger relative to other global currencies.
Bitcoin's Decline Deepens, Hits $90,000 at Start of Week
January 13, 2025 (13:09)
Trend: Neutral
Influence: -0.15
The fall in Bitcoin's value reflects a broader sell-off in tech stocks, which is putting pressure on currencies like the USD as investors reassess their portfolios. As a result, the USD has shown a slight negative sentiment, indicating potential shifts in currency value due to the ongoing crypto-induced market volatility.
Comprehensive Analysis of News and Events influencing the CADUSD currency pair
We predict the dynamics of currency pairs using resonant artificial intelligence systems. Technical, fundamental analysis, news background, general geopolitical situation in the world and other factors are taken into account.
The results of forecasts of the Canadian Dollar/US Dollar currency pair are shown below and presented in the form of charts, tables and text information, divided into time intervals (Next month, 2025, 2026 and 2027).
Forecasts are adjusted once a day taking into account the price change of the previous day.
Canadian Dollar / US Dollar Daily Forecast for a Month
| Date | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan 18 | 0.6902 | 0.6883 | 0.6940 | 0.82 % |
| Jan 19 | 0.6905 | 0.6875 | 0.6921 | 0.67 % |
| Jan 20 | 0.6943 | 0.6922 | 0.6987 | 0.94 % |
| Jan 21 | 0.6923 | 0.6905 | 0.6934 | 0.42 % |
| Jan 22 | 0.6891 | 0.6868 | 0.6932 | 0.94 % |
| Jan 23 | 0.6897 | 0.6880 | 0.6912 | 0.47 % |
| Jan 24 | 0.6886 | 0.6872 | 0.6925 | 0.77 % |
| Jan 25 | 0.6867 | 0.6853 | 0.6880 | 0.39 % |
| Jan 26 | 0.6847 | 0.6819 | 0.6877 | 0.85 % |
| Jan 27 | 0.6846 | 0.6814 | 0.6876 | 0.91 % |
| Jan 28 | 0.6829 | 0.6799 | 0.6862 | 0.93 % |
| Jan 29 | 0.6807 | 0.6777 | 0.6836 | 0.88 % |
| Jan 30 | 0.6800 | 0.6783 | 0.6811 | 0.42 % |
| Jan 31 | 0.6803 | 0.6791 | 0.6847 | 0.83 % |
| Feb 01 | 0.6805 | 0.6768 | 0.6819 | 0.75 % |
| Feb 02 | 0.6793 | 0.6775 | 0.6823 | 0.71 % |
| Feb 03 | 0.6773 | 0.6746 | 0.6797 | 0.75 % |
| Feb 04 | 0.6786 | 0.6754 | 0.6802 | 0.71 % |
| Feb 05 | 0.6803 | 0.6784 | 0.6843 | 0.88 % |
| Feb 06 | 0.6817 | 0.6801 | 0.6837 | 0.53 % |
| Feb 07 | 0.6838 | 0.6809 | 0.6853 | 0.63 % |
| Feb 08 | 0.6849 | 0.6832 | 0.6890 | 0.85 % |
| Feb 09 | 0.6803 | 0.6778 | 0.6844 | 0.98 % |
| Feb 10 | 0.6758 | 0.6730 | 0.6780 | 0.75 % |
| Feb 11 | 0.6723 | 0.6711 | 0.6756 | 0.66 % |
| Feb 12 | 0.6685 | 0.6648 | 0.6699 | 0.76 % |
| Feb 13 | 0.6699 | 0.6674 | 0.6719 | 0.68 % |
| Feb 14 | 0.6746 | 0.6721 | 0.6765 | 0.65 % |
| Feb 15 | 0.6763 | 0.6723 | 0.6800 | 1.15 % |
| Feb 16 | 0.6815 | 0.6785 | 0.6832 | 0.70 % |
Target daily price CAD/USD
Target values of the CAD/USD currency pair as of 01-18-2025.
Optimistic target level: 0.6940
Pessimistic target level: 0.6883
Target values of the CAD/USD currency pair as of 01-19-2025.
Optimistic target level: 0.6921
Pessimistic target level: 0.6875
Target values of the CAD/USD currency pair as of 01-20-2025.
Optimistic target level: 0.6987
Pessimistic target level: 0.6922
Target values of the CAD/USD currency pair as of 01-21-2025.
Optimistic target level: 0.6934
Pessimistic target level: 0.6905
Target values of the CAD/USD currency pair as of 01-22-2025.
Optimistic target level: 0.6932
Pessimistic target level: 0.6868
Canadian Dollar / US Dollar (CAD/USD) Forecast 2025 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Feb | 0.6752 | 0.6589 | 0.6965 | 5.40 % |
| Mar | 0.6715 | 0.6582 | 0.6956 | 5.38 % |
| Apr | 0.6786 | 0.6716 | 0.6942 | 3.25 % |
| May | 0.6939 | 0.6855 | 0.7141 | 4.00 % |
| Jun | 0.6905 | 0.6843 | 0.7119 | 3.88 % |
| Jul | 0.6892 | 0.6794 | 0.7103 | 4.35 % |
| Aug | 0.6870 | 0.6731 | 0.7124 | 5.51 % |
| Sep | 0.6731 | 0.6665 | 0.6886 | 3.21 % |
| Oct | 0.6755 | 0.6642 | 0.6895 | 3.67 % |
| Nov | 0.6995 | 0.6781 | 0.7110 | 4.62 % |
| Dec | 0.6895 | 0.6764 | 0.7038 | 3.88 % |
CAD/USD forecast for this year
Forecast of the CAD/USD pair for Feb 2025
Forecast of the CAD/USD pair for Mar 2025
Forecast of the CAD/USD pair for Apr 2025
Forecast of the CAD/USD pair for May 2025
Forecast of the CAD/USD pair for Jun 2025
Forecast of the CAD/USD pair for Jul 2025
Forecast of the CAD/USD pair for Aug 2025
Forecast of the CAD/USD pair for Sep 2025
Forecast of the CAD/USD pair for Oct 2025
Forecast of the CAD/USD pair for Nov 2025
Forecast of the CAD/USD pair for Dec 2025
Canadian Dollar / US Dollar (CAD/USD) Forecast 2026 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 0.7106 | 0.7012 | 0.7365 | 4.80 % |
| Feb | 0.7240 | 0.7096 | 0.7316 | 3.00 % |
| Mar | 0.7059 | 0.6946 | 0.7245 | 4.12 % |
| Apr | 0.7088 | 0.6956 | 0.7227 | 3.75 % |
| May | 0.7097 | 0.6863 | 0.7165 | 4.22 % |
| Jun | 0.7075 | 0.6889 | 0.7175 | 3.99 % |
| Jul | 0.6971 | 0.6827 | 0.7086 | 3.66 % |
| Aug | 0.6818 | 0.6677 | 0.7036 | 5.11 % |
| Sep | 0.6880 | 0.6711 | 0.6968 | 3.69 % |
| Oct | 0.6977 | 0.6744 | 0.7234 | 6.78 % |
| Nov | 0.6878 | 0.6712 | 0.6953 | 3.47 % |
| Dec | 0.6925 | 0.6713 | 0.7023 | 4.41 % |
Canadian Dollar / US Dollar (CAD/USD) Forecast 2027 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 0.6872 | 0.6648 | 0.7060 | 5.83 % |
| Feb | 0.6854 | 0.6619 | 0.7051 | 6.13 % |
| Mar | 0.6775 | 0.6649 | 0.6867 | 3.18 % |
| Apr | 0.6617 | 0.6477 | 0.6763 | 4.23 % |
| May | 0.6810 | 0.6660 | 0.6967 | 4.40 % |
| Jun | 0.6755 | 0.6607 | 0.6955 | 5.02 % |
| Jul | 0.6698 | 0.6577 | 0.6909 | 4.82 % |
| Aug | 0.6887 | 0.6786 | 0.7068 | 3.99 % |
| Sep | 0.7042 | 0.6955 | 0.7234 | 3.87 % |
| Oct | 0.6976 | 0.6757 | 0.7153 | 5.54 % |
| Nov | 0.6970 | 0.6865 | 0.7157 | 4.08 % |
| Dec | 0.6681 | 0.6572 | 0.6924 | 5.09 % |