Live Nowcast — 2026 Q2 (no official figure yet)
Produced by a tournament of forecasting models judged on real out-of-sample accuracy — the figure below is the deployed model’s current read, refreshed automatically as official data and news arrive.
Recent official figures (solid) and the current nowcast (dot) with its typical-error range. Every past forecast is kept on the books — see how the number is made.
Nowcasting Macro's latest nowcast puts Canada Exchange Rate (per USD) at 1.37 for 2026 Q2, against the most recent official figure of 1.37 for 2026 Q1.
That points to a broadly unchanged reading versus the last print.
Exchange rate: units of national currency per US dollar (period average).
Across our walk-forward backtest, the model deployed for this series has typically landed within ±0.03 of the published actual.
Over the past 4 quarters the series has eased from 1.43 (2025 Q1) to 1.37 (2026 Q1).
Higher = weaker national currency against the dollar. Feeds the exchange-rate macro laws and the Exchange Rate news topic.
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