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.

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