The US and Canadian economies are among the largest and have strong connections between them. A vast majority of Canadian exports go to the USA. USDCAD is a commodity-dependent currency. Throughout its history, CAD rate has been influenced by energy commodities. While the USD commonly influences pair liquidity more intensively, traders know that USDCAD negatively correlates with NZDUSD and AUDUSD.
Spreads and conditions
- 100 000 USD
Most popular assets
2 days agoUSD/CAD technical analysis: Greenback under pressure below the 1.3500 figure (yet again)
2 days agoUSD/CAD technical analysis: Rejection slide from 1.3500 mark tests 100-hour SMA pivotal point
2 days agoUSD/CAD returns to mid-1.34s as oil rebound weighs
2 days agoUSD/CAD extends overnight rejection slide, drops to session lows around mid-1.3400s