USDCAD continues to rise through the mid-European session and is currently trading close to the 1.3462 level. Today, the price...
USDCAD
In this section, you will find important USDCAD news, actionable trading ideas, and a live USDCAD chart to help you understand how the Canadian Dollar trades.
USDCAD also is known as Loonie amongst Forex traders, is the ticker symbol in FX markets that represents how many Canadian dollars you can buy with one US dollar. USDCAD is one of the major FX pairs with liquidity and narrow spreads. USDCAD is a commodity pair because the Canadian economy is a natural resources export economy. The other commodity pairs are AUDUSD and NZDUSD. Important role to the value of USDCAD plays the price of oil, due to large trading volumes of oil between the two countries. Other factors that affect the Loonie exchange rate are interest rates, unemployment, economic growth, and public deficit.
Live USDCAD Chart
Chart by TradingView
The pair rebounds today breaking above the 1.34 level and trading as of writing at 1.3416 amid USD strength across...
USDCAD started the daily higher adding 20 pips to 1.3283 as the recent retreat in crude oil prices Canada’s main...
USDCAD trades higher at weekly top amid broad USD strength after macro data released earlier today showed that retail sales...
USDCAD trades lower today at 1.3406 as loonie traders are cautious ahead of the important FOMC policy meeting. Canada has...
USDCAD trades lower today at 1.3377 as traders are cautious ahead of the important FOMC policy meeting. Loonie got a...
USDCAD trades lower for one more today at 1.3191 as traders are dumping the US dollar after the dovish minutes...
USDCAD trades flat today at 1.3191 as traders continue to dump the US dollar after the dovish minutes from FED...
USDCAD gives up 0.39 percent to 1.3115 as Loonie gets a boost from the rally above $59 per barrel in...
USDCAD gives up 0.12 percent to 1.3072 after stronger than expected figures from Canada. The GDP growth in April came...