September 12, 2017 - Yes, there are a lot of moving parts here, which underscores the difficulty in making currency predictions. Nonetheless, RBC expects the Canadian dollar will slip below 81 cents against the U.S.

The U.S. Dollar to Canadian Dollar exchange rate is now forecast to rise to 1.37 by the end of June, 1.3850 by the end of September and 1.40 by year-end. It is tipped to peak at 1.42 by mid-year 2025.

May 12, 2021 - RBC senior economist Josh Nye agrees that to see any reversal in the loonie’s recent strength “the Fed will have to catch up to the BoC’s hawkishness.” RBC sees the Canadian dollar sinking to 78 U.S.

Broad United States Dollar (3) 127.0 · 128.1 · 125.1 · 121.1 · 118.3 · - 1) PPP data from OECD, based in Local Currency per USD · 2) Current Account Balance data from IMF, as a % of GDP (2020 & 2021 IMF estimates) 3) Federal Reserve Broad Index (26 currencies) Canadian Dollar Cross Currencies ...

3 weeks ago - The Canadian dollar forecast points to stability, with oil and risk appetite helping CAD hold firm as divergent BoC–Fed expectations shape USD/CAD movement.

September 13, 2024 - Royal Bank of Canada has downgraded its forecasts for USD/CAD as it sees a more resilient performance from the Canadian Dollar in the coming months. This will also be reflected in gains made against the Pound; however, it is expected to lose ground against the Euro in H1 2025. RBC now predicts the U.S.

USD selloff (downside risk; see here). ... Aussie. However, this support has been partially offset by · broader dollar strength and risk-off sentiment stemming

April 25, 2025 - That’s because the Bank of Canada is expected to continue cutting interest rates—three more times this year according to forecasts from RBC Economics — while the American Fed is not, furthering the gap between the two economies. “We do see a little bit more Canadian dollar weakness going through to the middle of the year, and that’s predicated by a continuation of this widening in interest rate differentials,” Davis says.

January 13, 2025 - ... Before you get too excited, it’s not because they believe the loonie is headed for a rebound. Quite the contrary, RBC expects the Canadian dollar to fade further to 68.96 cents U.S.

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The loonie has gained over the past month as officials after the U.S. Federal Reserve signalled a rate cut coming at the end of July. One currency strategist at Societe Generale says the the move higher in the loonie has more room to run. Amber Kanwar and Jon Erlichman discuss.

December 1, 2023 - With the USD/CAD exchange rate currently sitting around 1.35, RBC’s forecasts suggest some near-term weakening of the Canadian dollar, with the U.S. dollar forecasted to end this year at 1.38 and head up to 1.39 by mid-2024.

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June 12, 2025 - An in-depth analysis of the key drivers of economic activity in Canada and the US including a discussion of global factors that will affect these near term forecasts · A forward-looking analysis of Canadian, U.S. and international financial market trends including interest rate and currency ...

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June 20, 2025 - RBC’s foreign exchange team forecasts that there is perhaps another penny of strength left in the loonie, suggesting that we have seen the majority of the rally already. We note that currency forecasts are always subject to change with market events, but given the outlook for interest rates in Canada and the United States we think this is a reasonable assumption, particularly paired with data we have seen that shows U.S. dollar sentiment is among the most negative in two decades.

October 16, 2025 - The Royal Bank of Canada offers a competitive international exchange rate in their banking services. Learn more about the current RBC exchange rates and what to expect moving forward.

Given the importance of this model ... further Canadian dollar strength is seen as a welcome and complementary tool in containing consumer-price gains. As at August 29, 2023. Source: Bloomberg, RBC GAM · As at August 28, 2023. Source: Bloomberg, RBC GAM · Note: As at June 30, 2021...

November 7, 2024 - From tariffs to taxes, the new ... As the U.S. economy has been outperforming Canada’s, Freestone expects the Canadian Dollar to weaken in Q4 2024 and into Q1 2025....

2 weeks ago - Combined with our expectation of a moderately stronger Canadian dollar, these headwinds could weigh on production and business investment in the sector. Stronger-than-expected crop yields this year prompted an upward revision to our 2025 real GDP estimate. Major crops delivered impressive gains with barley up 26%, canola up 13%, and wheat up 24% from last year—with wheat production reaching record highs. But, Chinese tariffs are expected to be a stiffer headwind, and could weigh on farmers seeding ...