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US Dollar to Canadian Dollar (USD/CAD) Forecast for 2024, 2025, 2026. Sell or Buy?
Updated: September 7, 2024 (7:32)
Reverse forecast: CAD to USD
US Dollar / Canadian Dollar price online today
Now | Tomorrow | 7 Days | 30 Days | |
---|---|---|---|---|
100 US Dollar (USD) to Canadian Dollar (CAD) | 135.5 | 135.6 | 141.5 | |
200 US Dollar (USD) to Canadian Dollar (CAD) | 270.9 | 271.1 | 283 | |
500 US Dollar (USD) to Canadian Dollar (CAD) | 677.3 | 677.8 | 707.6 | |
1000 US Dollar (USD) to Canadian Dollar (CAD) | 1354.7 | 1355.6 | 1415.2 | |
3000 US Dollar (USD) to Canadian Dollar (CAD) | 4064 | 4066.9 | 4245.6 |
How much will the USD/CAD currency pair cost in 2024, 2025 and 2026? What is the forecast for the USD/CAD currency pair? What is the target price of the US Dollar / Canadian Dollar currency pair for 2024-2026?
We continuously scrutinize the key events in the news flow to assist you in tackling the essential question: Will the US Dollar rise or fall against the Canadian Dollar?
Identifying the trend of the USD/CAD currency pair
The recent slew of news headlines suggests a fluctuating landscape for the USD, potentially affecting the USDCAD exchange rate in multiple directions. With market sentiment indicators ranging predominantly between neutral and bearish, investors might find volatility to be a prevailing theme. Reports on global economic shifts, such as the demand for financial reforms and unexpected data statistics, illustrate a landscape rife with uncertainty.
Details indicating a weak dollar overseas, alongside fluctuating commodity prices like oil, add layers of complexity to the valuation of the USD/CAD pair. The Canadian dollar, tied closely to commodity markets, particularly oil, might see reactive strength should USD weakness persist due to international pressure or policy shifts. Additionally, market anticipations of potential Federal Reserve actions reflect a somewhat bearish outlook, pressing the USD further.
Overall, while certain stirrings in the cryptocurrency domain hint at potential investment diversification, the general tone of activities aligns with cautious trading. Investors should thus remain vigilant, considering factors like energy prices and central bank signals, which could significantly influence short-term exchange rate trajectories.
Historical and forecast chart of the US Dollar/Canadian Dollar currency pair
The chart below shows the historical quotes of the USD/CAD 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 US Dollar/Canadian Dollar rate can be found in the table below.
Long-term forecasts by years.
USD Trend Prediction
As of now, Panda has analyzed 29 news pieces concerning the USD currency. The average relevance score for these news items is 0.37 (with the closer to 1 being more relevant).(the closer to 1, the stronger its impact on the trend).
![](https://pandaforecast.com/wp-content/uploads/2022/12/neutral.jpg)
![](https://cdn.i-scmp.com/sites/default/files/styles/1020x680/public/d8/images/canvas/2024/09/06/cfee50bf-f70f-4841-8b38-902acb1a0a92_143a771c.jpg?itok=1o7ke1DX&v=1725600013)
Bretton Woods Urged to Address Calls for Equitable Financial Reforms
![](https://pandaforecast.com/wp-content/uploads/2024/09/arrow-up.jpg)
![](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2024-09/fef423e1-2874-493c-b419-588328d8b206.jpg)
Bitcoin Sees Price Drop Amid Confusing US Employment Statistics
![](https://pandaforecast.com/wp-content/uploads/2024/09/arrow-neutral1.jpg)
![](https://cdn.benzinga.com/files/images/story/2024/09/06/wall-street-ai17_0.png?width=1200&height=800&fit=crop)
Wall Street Calms as August Employment Data Reduces Recession Anxiety; Dollar Narrows Weekly Decline
![](https://pandaforecast.com/wp-content/uploads/2024/09/arrow-neutral1.jpg)
![](https://pandaforecast.com/wp-content/uploads/2024/09/panda-trading.jpg)
INR Slightly Gains as Dollar Weakens in Global Markets
![](https://pandaforecast.com/wp-content/uploads/2024/09/arrow-neutral1.jpg)
![](https://cdn.benzinga.com/files/images/story/2024/09/06/Macro-Shot-Of-Computer-Monitor-With-Worl.jpeg?width=1200&height=800&fit=crop)
Global Market Declines Influence USD Weakening as Crude Prices Fall; Analysis on SmartETFs Asia Pacific Dividend Builder ETF
![](https://pandaforecast.com/wp-content/uploads/2024/09/arrow-down.jpg)
![](https://pandaforecast.com/wp-content/uploads/2024/09/panda-trading.jpg)
Chinese Stock Market Declines in Response to Central Bank Remarks
![](https://pandaforecast.com/wp-content/uploads/2024/09/arrow-down.jpg)
![](https://pandaforecast.com/wp-content/uploads/2024/09/panda-trading.jpg)
Market Indices Plummet; Nifty Dips Below 24,850 Amid Auto Sector Struggles
![](https://pandaforecast.com/wp-content/uploads/2024/09/arrow-neutral1.jpg)
![](https://pandaforecast.com/wp-content/uploads/2024/09/panda-trading.jpg)
US Dollar Dips to One-Week Low as Investors Eye Upcoming Jobs Data
![](https://pandaforecast.com/wp-content/uploads/2024/09/arrow-neutral1.jpg)
![](https://pandaforecast.com/wp-content/uploads/2024/09/panda-trading.jpg)
Euro Nears One-Week High Amid Focus on Upcoming US Employment Data
![](https://pandaforecast.com/wp-content/uploads/2024/09/arrow-neutral1.jpg)
![](https://pandaforecast.com/wp-content/uploads/2024/09/panda-trading.jpg)
Rupee's Decline Makes It Asia's Second-Weakest Currency Against the Dollar in August
![](https://pandaforecast.com/wp-content/uploads/2024/09/arrow-neutral1.jpg)
![](https://cdn.benzinga.com/files/images/story/2024/09/06/Cryptocurrency-Photo-by-Igor-Faun-on-Shu.jpeg?width=1200&height=800&fit=crop)
Trump's Crypto Initiative, Ripple, and Wyoming's Stablecoin Ventures Highlight Market Surge
![](https://pandaforecast.com/wp-content/uploads/2024/09/arrow-neutral1.jpg)
![](https://pandaforecast.com/wp-content/uploads/2024/09/panda-trading.jpg)
Rupee Strengthens Slightly Against US Dollar in Early Trading
![](https://pandaforecast.com/wp-content/uploads/2024/09/arrow-down.jpg)
![](https://cdn.benzinga.com/files/images/story/2024/09/05/Il-Bitcoin--Secondo-un-trader-superer-or.jpeg?width=1200&height=800&fit=crop)
Crypto Analyst Predicts Bitcoin Growth, Downplays Meme Coins in Crypto Market Cycle
![](https://pandaforecast.com/wp-content/uploads/2024/09/arrow-up.jpg)
![](https://pandaforecast.com/wp-content/uploads/2024/09/panda-trading.jpg)
Rupee Falls to Record Low of 83.99 Against the Dollar
![](https://pandaforecast.com/wp-content/uploads/2024/09/arrow-neutral1.jpg)
![](https://pandaforecast.com/wp-content/uploads/2024/09/panda-trading.jpg)
Indian Rupee Edges Higher Amid Declining Dollar Strength
![](https://pandaforecast.com/wp-content/uploads/2024/09/arrow-down.jpg)
![](https://cdn.benzinga.com/files/images/story/2024/09/05/Macro-Shot-Of-Computer-Monitor-With-Worl.jpeg?width=1200&height=800&fit=crop)
Mixed Global Markets with Oil Under $70; USD Pulls Back Amid Rate Cut Speculation
![](https://pandaforecast.com/wp-content/uploads/2024/09/arrow-neutral1.jpg)
![](https://pandaforecast.com/wp-content/uploads/2024/09/panda-trading.jpg)
Shanghai Composite Rises Slightly; USD Struggles in Asian Markets
![](https://pandaforecast.com/wp-content/uploads/2024/09/arrow-up.jpg)
![](https://pandaforecast.com/wp-content/uploads/2024/09/panda-trading.jpg)
Adani Group Considers $1.5 Billion Dollar Bond Sale with Global Banks
![](https://pandaforecast.com/wp-content/uploads/2024/09/arrow-down.jpg)
![](https://pandaforecast.com/wp-content/uploads/2024/09/panda-trading.jpg)
Market Indices Dip with Metal Stocks Rising
![](https://pandaforecast.com/wp-content/uploads/2024/09/arrow-neutral1.jpg)
Bitcoin Transactions Plunge 30% in Six Months Amid Growing Disinterest
![](https://pandaforecast.com/wp-content/uploads/2024/09/arrow-up.jpg)
![](https://pandaforecast.com/wp-content/uploads/2024/09/panda-trading.jpg)
INR Strengthens Slightly After Dropping Past 84 Against USD
![](https://pandaforecast.com/wp-content/uploads/2024/09/arrow-neutral1.jpg)
![](https://pandaforecast.com/wp-content/uploads/2024/09/panda-trading.jpg)
Indian Rupee Strengthens by 4 Paise Against US Dollar in Early Trading
![](https://pandaforecast.com/wp-content/uploads/2024/09/arrow-neutral1.jpg)
![](https://pandaforecast.com/wp-content/uploads/2024/09/panda-trading.jpg)
Rupee Strengthened by Anticipated Fed Rate Cuts and RBI's Robust Approach
![](https://pandaforecast.com/wp-content/uploads/2024/09/arrow-neutral1.jpg)
Trump Family's DeFi Initiative Aims to Bolster US Dollar Supremacy
![](https://pandaforecast.com/wp-content/uploads/2024/09/arrow-neutral1.jpg)
![](https://cdn.benzinga.com/files/images/story/2024/09/04/Dollar-sharon-Photo-by-Sharon-McCutcheon.jpeg?width=1200&height=800&fit=crop)
Analyst Suggests Dollar's Dominance Will Persist for Decades Despite Challenges
![](https://pandaforecast.com/wp-content/uploads/2024/09/arrow-up.jpg)
![](https://staticx-tuner.zacks.com/images/articles/main/9c/1199.jpg)
Dollar Tree's Earnings Shortfall and Revised FY24 Forecast Hit Stock Prices
![](https://pandaforecast.com/wp-content/uploads/2024/09/arrow-neutral1.jpg)
![](https://cdn.decrypt.co/resize/1024/height/512/wp-content/uploads/2024/07/trump-gID_7.png)
Trump's Crypto Initiative Targets US Dollar Dominance Through Stablecoins
![](https://pandaforecast.com/wp-content/uploads/2024/09/arrow-neutral1.jpg)
Bitcoin Suffers 10% Post-Halving Slump with Historical Highs Delayed
![](https://pandaforecast.com/wp-content/uploads/2024/09/arrow-neutral1.jpg)
![](https://www.benzinga.com/next-assets/images/schema-image-default.png)
Global Markets Decline Led by Japan and Europe as Crude Oil Falls below $70
![](https://pandaforecast.com/wp-content/uploads/2024/09/arrow-down.jpg)
Comprehensive Analysis of News and Events influencing the USDCAD 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 US Dollar/Canadian Dollar currency pair are shown below and presented in the form of charts, tables and text information, divided into time intervals (Next month, 2024, 2025 and 2026).
Forecasts are adjusted once a day taking into account the price change of the previous day.
US Dollar / Canadian Dollar Daily Forecast for a Month
Date | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Sep 09 | 1.3547 | 1.3476 | 1.3629 | 1.13 % |
Sep 10 | 1.3494 | 1.3458 | 1.3516 | 0.43 % |
Sep 11 | 1.3502 | 1.3429 | 1.3526 | 0.72 % |
Sep 12 | 1.3528 | 1.3457 | 1.3600 | 1.06 % |
Sep 13 | 1.3537 | 1.3454 | 1.3574 | 0.89 % |
Sep 14 | 1.3556 | 1.3493 | 1.3600 | 0.79 % |
Sep 15 | 1.3553 | 1.3471 | 1.3608 | 1.02 % |
Sep 16 | 1.3544 | 1.3523 | 1.3577 | 0.40 % |
Sep 17 | 1.3524 | 1.3486 | 1.3610 | 0.92 % |
Sep 18 | 1.3525 | 1.3460 | 1.3556 | 0.72 % |
Sep 19 | 1.3497 | 1.3418 | 1.3552 | 1.00 % |
Sep 20 | 1.3569 | 1.3534 | 1.3595 | 0.45 % |
Sep 21 | 1.3662 | 1.3582 | 1.3696 | 0.84 % |
Sep 22 | 1.3658 | 1.3607 | 1.3741 | 0.99 % |
Sep 23 | 1.3611 | 1.3553 | 1.3696 | 1.05 % |
Sep 24 | 1.3705 | 1.3671 | 1.3753 | 0.60 % |
Sep 25 | 1.3797 | 1.3746 | 1.3850 | 0.75 % |
Sep 26 | 1.3746 | 1.3709 | 1.3826 | 0.86 % |
Sep 27 | 1.3777 | 1.3690 | 1.3845 | 1.14 % |
Sep 28 | 1.3800 | 1.3732 | 1.3828 | 0.70 % |
Sep 29 | 1.3790 | 1.3721 | 1.3848 | 0.93 % |
Sep 30 | 1.3826 | 1.3755 | 1.3853 | 0.72 % |
Oct 01 | 1.3927 | 1.3878 | 1.3982 | 0.75 % |
Oct 02 | 1.3965 | 1.3920 | 1.4000 | 0.57 % |
Oct 03 | 1.4040 | 1.4017 | 1.4086 | 0.49 % |
Oct 04 | 1.4138 | 1.4084 | 1.4196 | 0.80 % |
Oct 05 | 1.4141 | 1.4074 | 1.4226 | 1.08 % |
Oct 06 | 1.4155 | 1.4073 | 1.4225 | 1.08 % |
Oct 07 | 1.4108 | 1.4076 | 1.4185 | 0.77 % |
Oct 08 | 1.4152 | 1.4110 | 1.4235 | 0.88 % |
Target daily price USD/CAD
Target values of the USD/CAD currency pair as of 09-09-2024.
Optimistic target level: 1.3629
Pessimistic target level: 1.3476
Target values of the USD/CAD currency pair as of 09-10-2024.
Optimistic target level: 1.3516
Pessimistic target level: 1.3458
Target values of the USD/CAD currency pair as of 09-11-2024.
Optimistic target level: 1.3526
Pessimistic target level: 1.3429
Target values of the USD/CAD currency pair as of 09-12-2024.
Optimistic target level: 1.3600
Pessimistic target level: 1.3457
Target values of the USD/CAD currency pair as of 09-13-2024.
Optimistic target level: 1.3574
Pessimistic target level: 1.3454
US Dollar / Canadian Dollar (USD/CAD) Forecast 2024 Monthly
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Oct | 1.3427 | 1.3185 | 1.3602 | 3.06 % |
Nov | 1.3941 | 1.3495 | 1.4166 | 4.74 % |
Dec | 1.3803 | 1.3567 | 1.3995 | 3.06 % |
USD/CAD forecast for this year
Forecast of the USD/CAD pair for Oct 2024
Forecast of the USD/CAD pair for Nov 2024
Forecast of the USD/CAD pair for Dec 2024
US Dollar / Canadian Dollar (USD/CAD) Forecast 2025 Monthly
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Jan | 1.3480 | 1.3298 | 1.3734 | 3.18 % |
Feb | 1.3310 | 1.2974 | 1.3501 | 3.90 % |
Mar | 1.3196 | 1.2804 | 1.3505 | 5.19 % |
Apr | 1.3297 | 1.3111 | 1.3632 | 3.82 % |
May | 1.3093 | 1.2699 | 1.3512 | 6.02 % |
Jun | 1.3082 | 1.2764 | 1.3252 | 3.69 % |
Jul | 1.2764 | 1.2425 | 1.2930 | 3.91 % |
Aug | 1.2218 | 1.2004 | 1.2449 | 3.58 % |
Sep | 1.2136 | 1.1786 | 1.2540 | 6.01 % |
Oct | 1.2272 | 1.1863 | 1.2443 | 4.66 % |
Nov | 1.2178 | 1.1849 | 1.2507 | 5.26 % |
Dec | 1.2655 | 1.2433 | 1.3094 | 5.05 % |
US Dollar / Canadian Dollar (USD/CAD) Forecast 2026 Monthly
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Jan | 1.2906 | 1.2482 | 1.3225 | 5.62 % |
Feb | 1.3347 | 1.3041 | 1.3605 | 4.15 % |
Mar | 1.3191 | 1.3042 | 1.3541 | 3.68 % |
Apr | 1.3488 | 1.3130 | 1.3888 | 5.46 % |
May | 1.3651 | 1.3258 | 1.4075 | 5.80 % |
Jun | 1.3559 | 1.3175 | 1.3925 | 5.39 % |
Jul | 1.3297 | 1.3088 | 1.3512 | 3.14 % |
Aug | 1.3488 | 1.3331 | 1.3895 | 4.06 % |
Sep | 1.3604 | 1.3139 | 1.4002 | 6.16 % |
Oct | 1.3622 | 1.3426 | 1.4088 | 4.70 % |
Nov | 1.4143 | 1.3850 | 1.4538 | 4.73 % |
Dec | 1.4111 | 1.3838 | 1.4467 | 4.35 % |
Other currencies against the Canadian Dollar (CAD)
All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.