USDCAD brakes above 1.33 after the NFP upbeat report. The government reported that the economy added 225,000 new positions in...
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
USDCAD trades 0.13% higher at 1.3292 making fresh two-month highs after the ADP Employment rose by 291K more than the...
The USDCAD pair has hit a critical resistance level around 1.3300 and is struggling to find positive momentum as oil...
AUSTRALIA: RBA Rate Statement, Retail Sales, and Trade Balance Next week is going to be a big week for Australia....
USDCAD continues higher for the third day in a row adding 0.03% at 1.3201. The pair tested earlier today the...
Euro zone: German Ifo, French and Spanish GDPs, euro zone CPI The German Ifo Business Climate report for January is...
The USDCAD is relatively steady at 1.31351 after the Markit Flash Manufacturing PMI and Services PMI showed conflicting data. While...
In USDCAD news, the Bank of Canada has held rates steady at 1.75%, but the USDCAD spiked after the BoC...
USDCAD trades 0.02% higher at 1.3066 in quiet trading session as the US markets are closed today for the Martin...
BOJ Rate Decision The Bank of Japan(BOJ) is scheduled to take center stage on Tuesday. In its monetary policy meeting,...