Chart of price change USD/CAD
Currency pair USDCAD includes two currencies: US dollar and Canadian dollar. This pair is included in the top ten pairs in the Forex market. USD is the most known world currency, which is subject to the comprehensive influence of various factors, keep track of which is not the easiest task. Therefore, it is necessary to use Forex calendar more precisely to predict changes of dollar price. CAD is a commodity currency, which is subjected to a great influence of oil. Therefore, to foresee a change of this currency rate rather simply. Usually, this couple is chosen by traders who trade on the news and have the opportunity to learn how the oil prices change timely.
Economic news
Gold shot to a record high, the dollar was firm and stocks were subdued on Tuesday as investors braced for further shifts in U.S. trade policy and ...
The yen touched an eight-week high versus the dollar on Thursday after a Bank of Japan policy board member advocated continued interest rate hikes,...
The U.S. dollar held its ground on Tuesday as President Donald Trump's tariff threats were interpreted more as a negotiating tactic rather than...
The dollar surged on Monday, pushing its Canadian counterpart and the Mexican peso to multi-year lows while China's yuan slumped to a record tr...
Asian stock markets slumped on Monday and European and U.S. equity futures pointed sharply lower after President Donald Trump's tariffs&nb...
The U.S. dollar strengthened against major currencies including the yen and euro on Friday, while the Canadian dollar and the Mexican peso edged hi...
The Canadian dollar steadied against its U.S. counterpart on Thursday and bond yields fell as the European Central Bank cut interest rates as expec...
The dollar traded in narrow ranges against major peers on Thursday, as the currency continued to struggle for direction in the absence of conc...
Brokers' Analytics
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 27 December 2024. EURUSD forecast ...
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 24 December 2024. EURUSD forecast ...
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 23 December 2024. EURUSD forecast ...
The USDCAD rate is rising after reversing from the support level, with the current price at 1.4273. Find out more in our analysis for 23 December 2024. USDCAD forecast...
The USDCAD pair is confidently rising, with the US dollar in demand as the majority of votes favour Trump. More details in our analysis for 6 November 2024. USDCAD forecast: key...
Here is a detailed weekly technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 4 - 8 November 2024. EURUSD forecast The E...
The USDCAD rate is rising, reaching the upper boundary of a long-term range. Discover more in our analysis for 30 October 2024. USDCAD forecast: key trading points&nbs...
Here is a detailed weekly technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD for 29 October - 1 November 2024. EURUSD forecast T...
Using a currency pair USDCAD in trading, it will be useful for a trader to watch the behavior of such trading instruments as EURUSD, GBPUSD and USDJPY. As it is possible to call these trading instruments, indicators of USDCAD pair price movement as their change influences the national currency rate of Canada.
Trading this currency pair, it is worth paying attention to already accurately created levels, which are a reference point for traders when carrying out the analysis. Similar historical levels serve the trader as the good help for determination of points of the opening of an order. It should be noted that active rate movement on this currency pair is reached at the American trading session, it is caused by that Canada and the United States of America live practically on one time and between them are established rather close commercial ties.