The US dollar advanced against the Canadian dollar on Thursday May 7 2026, gaining 7bps from 1.3625 at the previous close to 1.3635. One Canadian dollar bought US$0.733, down from US$0.734 at Wednesday’s close. The rate sits 81bps below its 30-day average of 1.3747, as the Canadian dollar recovered ground. The previous close was recorded at the Bank of Canada’s official daily fix on Wednesday May 6 2026.