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.

The Canadian Dollar continues to struggle with holding onto near-term gains, and the USD/CAD pair is strung along a growing consolidation zone just below the 1.3700 handle. Ongoing CAD weakness, or USD strength,

Aside from pockets of volatility in target currencies, stocks or commodities, markets have offered little in the way of reaction to the tariffs onslaught.

The U.S. president, whose global wave of tariffs has upended businesses and policymaking, said the European Union will receive a letter "today or tomorrow". Both Nasdaq futures and S&P 500 futures fell about 0.4%. EUROSTOXX 50 futures dropped 0.6%. The euro slipped 0.3% to $1.1668, while the dollar gained 0.4% to C$1.3704.

Convert Canadian Dollar To United States Dollar 1 CAD = 0.733094 USD Jul 07, 2025 13:46 UTC Check the currency rates against all the world currencies here.

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 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.