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
15 hours agoUSD/CAD technical analysis: It seems we are heading to a strong level
18 hours agoUSD/CAD technical analysis: There could be a significant resistance just on the horizon
19 hours agoUSD/CAD technical analysis: Bulls await a sustained move beyond 200-DMA
23 hours agoUSD/CAD sits near multi-week tops, just above mid-1.3200s