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

Regulated by FINTRAC
Trusted by 100,000 clients globally
Open 24 hours

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
1:52 AM
0.9778 / 0.9783
Low High
24h 0.9780 - 0.9784
Week 0.9780 - 1.0009

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

See it for yourself

Learn more about CanadianForex

Image

Foreign exchange guides & info

Image

Daily Commentary

Friday, 18 May 2012

Frederick Cheng

US Dollar vs Canadian Dollar: Today we open the North American session with the U.S. dollar is weaker than where we closed for the first time this week against a broad range of currencies. USD/CAD peaked near 1.0200 and has retraced to the 1.0140 area just after Canadian inflation data, released moments ago, showed a jump in the core rate. Yesterday saw an ”ugly short covering rally (in the) afternoon (that) has flattened the money market curve incredibly.” Players expecting the BoC to hike rates sooner than previously anticipated surrendered their positions with the currency under attack. Expect support to come in at 1.0140, 1.0080 and 1.0060 which is also where the 200 day moving average lies. Now that we have broken out of our 3 ½ month range looks for U.S. dollar buyers to emerge on dips, especially near the break out zone of 1.0050-1.0080.

We expect a range today of 1.0135 to 1.0205

Canadian Dollar vs Euro: The Euro traded more steadily after better than expected Italian economic numbers. The pair traded largely within yesterday’s range. This week’s G8 summit and Greece should continue to put pressure on the euro.

We expect a range ... read more


Forex news

CANADA FX DEBT-C$ hits 4-month low on euro zone fears

Saturday, 19 May 2012
The Canadian dollar hit a four-month low against its U.S. counterpart on Friday and fell for a fifth straight session, as surprisingly high domestic inflation data failed to shift investor focus away from Europe's deepening debt crisis. read more

CANADA FX DEBT-C$ slides to 4-month low as Europe fears drag

Saturday, 19 May 2012
The Canadian dollar weakened to a four-month low against the U.S. currency on Friday, shrugging off surprisingly high domestic inflation data to fall for a fifth straight day, as investors focused on Europe's escalating debt crisis. read more

CANADA FX DEBT-C$ rallies on risk recovery, inflation surprise

Friday, 18 May 2012
The Canadian dollar bounced up from more than a four-month low against the U.S. read more

Currency Converter

Rate: 0.9778
=
Rate: 1.0227
=
Go

Register Free

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

Register today
Already registered? Login
Get our free 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:
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.
select
/
 


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

You're in good hands:

  • TRUSTe online privacy certification
  • CanadianForex is registered with
    FINTRAC (Registration no. M08560392)

© 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.