The Canadian dollar edged higher against its U.S. counterpart on Thursday but the move was modest as the greenback notched broad-based gains and after new U.S. trade tariffs cast doubt about prospects of a trade deal this month between Canada and the United States.

Convert Canadian Dollar To United States Dollar 1 CAD = 0.729954 USD Jul 12, 2025 19:50 UTC Check the currency rates against all the world currencies here.

The loonie has clocked a strong run over the last six months and more upside is expected as headwinds build for its U.S. counterpart

The Canadian dollar weakened to a 12-day low against its U.S. counterpart on Wednesday as the greenback notched up broad-based gains after investors shrugged off the latest U.S. tariff threats.

Canadian Ivey Purchasing Managers Index (PMI) figures improved in June, bouncing back above the 50.0 contraction level following a two-month decline in aggregated business expectations. The Canadian economy is still on rocky footing overall, and CAD traders will be looking ahead to this week’s Canadian net hiring figures due on Friday.

During the second quarter, the ClearBridge Canadian Equity Strategy underperformed its S&P/TSX Composite TRI benchmark. On an absolute basis, the Strategy generated gains in nine of the 10 sectors in which it was invested (out of 11 total). The primary contributors were the financials, industrials and IT sectors while the main detractor was energy.

The Canadian Dollar (CAD) has dropped to 207.88 Pakistani Rupee (PKR) as of today, down from the July 4 rate of 209.06 PKR. This follows a

The Canadian dollar weakened against the greenback on Friday, and the yield on benchmark government debt climbed. The loonie was trading 0.2% lower at C$1.3678 to the greenback, or 73.11 U.S. cents, after trading in a range of 1.