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
13 hours agoUSD/CAD Price Analysis: More sideways action but the price is close to some important zones
18 hours agoUSD/CAD: Monster employment figures only muster a handful of pips – TDS
19 hours agoUSD/CAD holds steady around 1.3600 mark, moves little post-Canadian jobs data
19 hours agoCanada: Unemployment Rate falls to 12.3% in June vs. 12% expected