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
1 hour agoUSD/CAD shrugs off WTI recovery ahead of Canadian Retail Sales
11 hours agoUSD/CAD erases Wednesday's gains, retreats to 1.3250 area
14 hours agoUSD/CAD slides to fresh session lows, back near mid-1.3200s
17 hours agoUSD/CAD in search of a firm direction, stuck in a range below 1.3300 handle