USDCAD gives up 0.12 percent to 1.3072 after stronger than expected figures from Canada. The GDP growth in April came...
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
USD/CAD remains under pressure even as it started the new week in the green. As a key commodity currency, the...
USDCAD has broken below the major support of $1.3150, paving the way for more losses as Canadians head to the...
USDCAD trades 0.13% higher at 1.3292 making fresh two-month highs after the ADP Employment rose by 291K more than the...
The USD/CAD is trading lower this Tuesday but has pared some of its earlier session losses. The US Dollar Index...
USDCAD trades 0.31% higher at 1.4035 after the Canadian Building Permits declined by 7.3% in February, below the forecasts of -4.5% while the Housing Starts came in at 195K beating the expectations of 180K in March.
USDCAD trades 0.26 percent higher at 1.3091 in positive momentum, after Canada May wholesale trade sales came in at -1.8%...
USD/CAD is trading sideways at around 1.2500 as investors await the US nonfarm payrolls and Canadian employment data. The US...
The US Dollar lost ground in the late New York session after the Federal Open Market Committee (FOMC) of the...
The USDCAD is relatively steady at 1.31351 after the Markit Flash Manufacturing PMI and Services PMI showed conflicting data. While...