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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 latest developments suggest a mixed sentiment towards the CADUSD exchange rates, shaped by global financial dynamics and domestic situations in other major economies. The muted reactions in cryptocurrency markets and Asian-European trades indicate a mildly easing pressure on USD, yet without strong directional shifts, while global risk sentiment fluctuates.
Notably, the stability of the South Korean won and confidence in Asian markets may reduce reliance on USD as a safe-haven currency, impacting CAD positively. Critics are reevaluating monetary policies in the US and India, underscoring potential adjustments in investor positioning.
Overall, these global briefings suggest a cautious optimism towards CAD, with potential for modest gains against USD, as investors recalibrate risk exposure amid perceived stabilized markets and inflation indicators. Investors should remain vigilant to central bank policy changes and geopolitical developments for short-term currency fluctuations.
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, 158 news pieces were analyzed. The average relevance of these news items is 0.26 (the closer to 1, the higher).|
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) |
|
2025-01-07
|
Bullish | Impact: 0.19 | News: 2 (1/1/0) |
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.
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
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.
Jamie Dimon Acknowledges Blockchain But Criticizes Bitcoin, Citing Lack of Intrinsic Value
January 13, 2025 (12:00)
Trend: Neutral
Influence: 0.01
Jamie Dimon's remarks about Bitcoin, despite acknowledging the value of blockchain technology, suggest skepticism from major financial leaders. This stance potentially stabilizes the USD as investors may perceive Bitcoin as a riskier asset, thereby favoring traditional currencies like the USD.
Global Markets Experience Downturn, U.S. Dollar Reaches Highs
January 13, 2025 (11:18)
Trend: Neutral
Influence: 0.03
The U.S. Dollar Index rising by 0.31% suggests strengthening sentiment towards the USD despite mixed performance against other currencies. The overall neutral sentiment reflects market uncertainty, likely influenced by market volatility and shifts in investor confidence following significant movements in crude oil prices and U.S. market performance.
China Introduces $13 Billion Facility to Strengthen Hong Kong's Role as a Yuan Center
January 13, 2025 (05:18)
Trend: Neutral
Influence: 0.07
The news introduces significant financial measures to expand the influence of the yuan, which could impact global perceptions of currency stability and competition with the USD. However, the neutral sentiment reflects that the immediate effect on the USD exchange rate is limited, potentially due to the long-term nature of the policy impact.
Record High for China's Trade Surplus Due to Export Surge Preceding Trump's Policies
January 13, 2025 (02:25)
Trend: Neutral
Influence: -0.12
The record increase in China's trade surplus is likely putting downward pressure on the USD as China's stronger export position can lead to a stronger yuan. Additionally, concerns over potential future US tariffs create uncertainty, impacting USD negatively as investors anticipate possible changes in trade policies.
Hong Kong Markets Face Pressure as US Rate Outlook Clouds Hope for Cuts
January 13, 2025 (02:25)
Trend: Neutral
Influence: 0.04
The reduced likelihood of rate cuts enhances the attractiveness of the US dollar, as investors seek higher returns from USD-denominated assets. Consequently, this may lead to capital flowing out of Asian markets, further strengthening the USD exchange rate.
U.S. Dollar Hits 27-Month High Amid Surging Treasury Yields and Strong Job Growth
January 10, 2025 (14:18)
Trend: Neutral
Influence: 0.06
The significant addition of 256,000 jobs in December highlights robust economic growth, boosting investor confidence in the U.S. economy and leading to a stronger U.S. Dollar. Additionally, the spike in Treasury yields, especially the 30-year yield surpassing 5%, suggests increased returns on dollar-denominated assets, further raising the appeal of the USD.
Tentative Opening For US Stocks Amid Cautious Trading Ahead of Key Jobs Report
January 10, 2025 (11:45)
Trend: Neutral
Influence: 0.14
The decline in U.S. stock futures suggests uncertainty and cautious sentiment among investors, which can lead to fluctuations in the USD as traders assess the potential impact on economic stability. The neutrality in sentiment reflects a wait-and-see approach until the release of the jobs data that could influence monetary policy expectations.
Dollar Heads for Weekly Gains Amid Global Market Fluctuations
January 10, 2025 (11:27)
Trend: Neutral
Influence: -0.15
The increase in commodity prices, such as crude oil, gold, silver, and copper, can place downward pressure on the USD as these are often traded in U.S. dollars, leading to higher demand for other currencies. While the dollar is heading for weekly gains, the neutral sentiment reflects uncertainty on its direction due to these price changes.
Revised Revenue and Profit Forecast Boosts Market Confidence
January 10, 2025 (08:48)
Trend: Bullish
Influence: 0.69
The upgrade in revenue and operating profit guidance signals stronger economic performance, which tends to strengthen the USD. Increased investor confidence in U.S. markets likely contributes to a bullish outlook on the currency.
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 % |