What is CAD to USD exchange rate?

Current CAD to USD exchange rate equals to 0.7464 US Dollars per 1 Canadian Dollar. Today's range: 0.7459-0.7502. Yesterday's rate 0.7497. Change for today -0.0033 USD, -0.44%. CAD to USD forecast for tomorrow, this week and month. CAD to USD forecast on Thursday, February, 16: exchange rate 0.7496 US Dollars, maximum 0.7610, minimum 0.7385.

Is the Canadian dollar a fiat currency?

The Canadian dollar is a fiat currency. Beware of bad exchange rates.Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. Our smart tech means we’re more efficient – which means you get a great rate.

Is USD/CAD now net-long?

USD/CAD IG Client Sentiment: Our data shows traders are now net-long USD/CAD for the first time since Apr 20, 2023 when USD/CAD traded near 1.35. USD/CAD is now lower on the week despite a 10% drop in oil prices USD/CAD Price Analysis: Bears eye a run to 1.3320 as below key H4 structure