USD/CAD near one-month high as CAD starts 2026 weak – BBH
The Canadian Dollar (USD) is under pressure at the start of 2026, with USD/CAD approaching 1.3900 ahead of today’s December labor force survey, BBH FX analysts report.

The Canadian Dollar (USD) is under pressure at the start of 2026, with USD/CAD approaching 1.3900 ahead of today’s December labor force survey, BBH FX analysts report.

CAD vulnerable amid mixed labor market signals

"CAD has started the year as one of the worst performing major currencies with USD/CAD near a one month high, just under 1.3900." 

"Canada December labor force survey is due today. The economy is expected to lose -2.5k jobs after surprising with strong gains of 53.6k in November, 66.6k in October, and 60.4k in September. The Bank of Canada is done easing, limiting CAD undershoots. The swaps curve price-in 70% odds of a 25bps rate increase to 2.50% over the next twelve months."

FXStreet
Trade The World
More than a million users rely on FXStreet for real-time market data, charting tools, expert insights, and forex news. Its comprehensive economic calendar and educational webinars help traders stay informed and make calculated decisions. FXStreet is supported by a team of about 60 professionals, split between the Barcelona headquarters and various global regions.
Read More

LIVE QUOTES

Name / Symbol
Chart
% Change / Price
GBPUSD
1 D change
+0%
0
EURUSD
1 D change
+0%
0
USDJPY
1 D change
+0%
0

ALL ABOUT FOREX

Explore More Tools
Trading Academy
Browse a wide range of educational articles covering trading strategies, market insights, and financial fundamentals, all in one place.
Learn More
Courses
Explore structured trading courses designed to support your growth at every stage of your trading journey.
Learn More
Webinar
Join live and on-demand webinars to gain real-time market insights and trading strategies from industry experts.
Learn More