CAD to USD exchange rate

Ottawa (Rajeev Sharma): The Canadian dollar (CAD) weakened for its fourth consecutive day on Friday, March 27, 2026, hitting a two-month low as investors abandoned risk-sensitive currencies in favour of safe havens like the U.S. greenback. The "loonie" was trading at 1.3850 per U.S. dollar, or approximately 72.20 U.S. cents, its weakest intraday level since late January. Market sentiment has been heavily weighed down by fading optimism for a swift resolution to the Iran-Israel conflict, prompting a scramble for safety across global financial markets. Currency strategists note that "high-beta" or risk-sensitive currencies—including the Canadian, Australian, and New Zealand dollars—are facing…