USD stays elevated this week.
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The US dollar advanced against the Canadian dollar on Wednesday July 8 2026, gaining 4bps from 1.4199 at the previous close to 1.4204. One Canadian dollar bought US$0.704, down from US$0.704 at Tuesday’s close. The rate stands 123bps above its 30-day average of 1.4031, reflecting sustained USD strength. The previous close was recorded at the Bank of Canada’s official daily fix on Tuesday July 7 2026.
| USD/CAD | 1.4204 |
| DoD | +4bps (+0.04%) |
| Prev. close | 1.4199 (July 7 2026) |
| 30d avg | 1.4031 |
| 30d spread | +123bps vs avg |
| Source | Bank of Canada |
| Date | July 8 2026 |
View rate data for July 8 2026 →
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