The US dollar declined against the Canadian dollar on Thursday July 16 2026, falling 2bps from 1.4049 at the previous close to 1.4046. One Canadian dollar bought US$0.712, up from US$0.712 at Wednesday’s close. The rate sits 33bps below its 30-day average of 1.4092, as the Canadian dollar recovered ground. The previous close was recorded at the Bank of Canada’s official daily fix on Wednesday July 15 2026.

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