CanadianForex – The smart way to transfer money internationally, at better rates than the banks

Toronto office
London office
Sydney office

Simply a better deal 

Outraged by mainstream bank fees and a poor exchange rate?

CanadianForex offers better currency rates, great service and easy way to receive and transfer funds internationally.

My FX Dashboard

Full Rates & Charts

Interbank Market rate - CAD/USD

Bid Ask
2:31 PM
0.9980 / 0.9984
Low High
24h 0.9960 - 1.0011
Week 0.9845 - 1.0014

More Near real time rates - Not to be used for trading purposes.

See it for yourself

Check out our guides to learn more about Forex

Image

Who we are and why you are in good hands

Image

Daily Commentary

January-27-12

Darren Richardson

:: US Dollar vs Canadian Dollar: USD/CAD is still flirting with parity with plenty of corporate interest to buy USD still evident at these levels. The risk rally continues in the aftermath of the FOMC’s surprise announcement on Wednesday with equities and commodities all higher.

- We expect a trading range of 0.9980 and 1.0080.

:: Canadian Dollar vs Euro: The Euro has been range bound between 1.3120 and 1.3180 since Tuesday as the pairing remains on the sidelines. The market is still waiting for news on how the EU plans to resolve the debt problems in Greece.

- We expect a range today in the EUR/CAD rate of 1.3100 and 1.3180.

:: Canadian Dollar vs British Pound, Australian Dollar and New Zealand Dollar: The Sterling was unable to break technical resistance at 1.5800 on Wednesday is now down at 1.5700. The Australian Dollar is still testing yearly highs at 1.0660, on the daily charts there are some possible reversal patterns emerging. The Kiwi has recorded 5 straight days of gains against the Loonie as the AUD and NZD charge higher across the board.

:: Data Releases:

AUD:           No data expected ... read more


Forex news

CANADA FX DEBT-C$ strengthens on Fed, but Europe weighs

January-27-12
Canada's dollar hovered close to parity with its U.S. counterpart on Thursday after the U.S. Federal Reserve's plans to keep rates low until 2014 drove down the U.S. read more

CANADA FX DEBT-C$ strengthens on Fed, but Europe weighs

January-27-12
Canada's dollar hovered close to parity with its U.S. counterpart on Thursday after the U.S. Federal Reserve's plans to keep rates low until 2014 drove down the U.S. read more

CORRECTED-CANADA FX DEBT-C$ cracks US$ parity, hits 2012 high on dovish Fed

January-27-12
The Canadian dollar strengthened to above parity with its U.S. counterpart on Thursday for the first time this year as weak U.S. economic data and Wednesday's move by the Federal Reserve to keep rates low until 2014 drove down the U.S. dollar. read more

Currency Converter

select
select
Rate: 0.9980
=
Rate: 1.0020
=
Go

Register Free

Registration is quick and easy. Access live customer rates, free tools and make international payments.

Register today
Already registered? Login
Get free rate alerts
 / 

: Choose ccy pair and enter the exchange rate. An alert will be triggered when the exchange rate is reached and an email will be sent to you. You can unsubscribe any time and your email address is safe – see our Privacy Policy.
Get our free commentary
Commentary: Stay on top of the news with updates from our expert dealers on the latest currency movements. You can unsubscribe any time and your email address is safe – see our >Privacy Policy.
Keep me up to date: RSS

Mobile Forex trading tools

Make money transfers or currency conversions on the go via our mobile site, iPhone or Android apps. Learn more here


Banners

Sitemap

© 2011 Copyright CanadianForex Limited

The CanadianForex service is owned and provided by CanadianForex Limited [CN: 674939-9] ("CanadianForex"). Any reference on this page to "we", "us", or "our" is a reference to CanadianForex.

CanadianForex is part of the global OzForex Group and is a wholly owned subsidiary of OzForex Pty Ltd (ACN: 092 375 703), an Australian company, whose shareholders include Accel Partners and the Carlyle Group in the US, and Macquarie Bank in Australia.
 
Where any information is provided by CanadianForex, it is done so without considering the investment objectives, financial situation and particular needs of any person. Before acting on any general advice, you should consider its appropriateness to your circumstances. To the extent permitted by law, CanadianForex makes no warranty as to the accuracy or suitability of any information and accepts no responsibility for errors or misstatements, negligent or otherwise. Any quotes given are indicative only. The information may be based on assumptions or market conditions and may change without notice. No part of the information is to be construed as a solicitation to make a financial investment.

DISCLAIMER: CanadianForex makes no warranty, express or implied, concerning the suitability, completeness, quality or exactness of the information and models provided in this web site. Read full disclaimer.

CanadianForex provides international money transfer services to private clients and business customers. Use our free currency converter, exchange rate charts, economic calendar, in-depth currency news and updates and benefit from competitive exchange rates and outstanding customer service.