BC-US Dollar Rates Updated at 10:00 AM EST on Jan. 22, 2026

The Bank of Canada's exchange rate for the Canadian dollar against the U.S. dollar was reported at 10:00 a.m. Eastern Time on Thursday, January 22, 2026. The CAD/USD rate stood at 0.7540, reflecting a slight depreciation from the previous day’s close of 0.7552. Market participants are monitoring inflation data and central bank policy signals ahead of the Bank of Canada’s next interest rate decision scheduled for February 1. The U.S. dollar strengthened slightly across major currencies amid expectations of a pause in Federal Reserve rate cuts. The U.S. dollar index rose to 103.85, up from 103.68 the prior session. Canadian bond yields edged higher, with the 10-year yield closing at 4.21%, as investors priced in tighter monetary conditions. The Canadian dollar remains under pressure from stronger-than-expected U.S. employment figures released earlier this week.