The Canadian Dollar hit an intraday low against the US Dollar as oil prices could not muster a significant overnight...
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 almost unchanged today at 1.3210 as the pair struggles for third trading session in a row to close...
The USDCAD will be in focus today at 12.30GMT as the Canadian Trade Balance is released. The expectation is for...
USDCAD trades 0.22 percent higher at 1.3220 in positive momentum for second consecutive day, having the daily high at 1.3247...
The USDCAD has had a muted response to the Canadian monthly GDP data as well as the ADP Employment Change...
At 12.30 UTC the Canadian Monthly GDP will be published. The market is expecting a contraction of the Canadian economy...
USDCAD trades 0.03 percent higher at 1.3166 in positive momentum for sixth consecutive day, having the daily high at 1.3167...
USDCAD trades 0.06 percent higher at 1.3138 in positive momentum having the daily high at 1.3146 and the daily low...
USDCAD trades 0.26 percent higher at 1.3091 in positive momentum, after Canada May wholesale trade sales came in at -1.8%...
The USDCAD is testing the 1.3100 psychological resistance level on the back of June’s disappointing Canadian Retail Sales figures. The...