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
The U.S. dollar eased against a basket of its rivals on Thursday on Fed dovish turn echo at latest policy meeting.
The dollar climbed down in comparison with its major rivals in early Friday’s trade, while the Federal Reserve Board, represented by Chairman...
The dollar edged lower versus most of its rivals on Wednesday, dragged down by a batch of negative factors including rising worries over a partial ...
The dollar fell on Monday as demand for riskier assets increased after China and the U.S. have agreed to a temporary truce in the trade dispute.
The dollar was stable on Tuesday as fresh worries about the trade tariff dispute between the U.S. and China provided support to safe harbor currenc...
The dollar index .DXY edged lower to 96.46 on Friday. A popular gauge has been sliding for two straight trading sessions from a 16-month peak of 97...
The U.S. dollar retreated from a 16-month peak on Wednesday as traders took profits amid surge in the euro and the pound.
The dollar climbed against its major rivals on Friday as the U.S. Federal Reserve held interest rates unchanged but confirmed its monetary tighteni...
Brokers' Analytics
AUDUSD, “Australian Dollar vs US Dollar”AUDUSD is trading at 0.7090; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets cou...
AUDUSD, “Australian Dollar vs US Dollar”AUDUSD is trading at 0.7118; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets cou...
13.02.2019USDJPY, “US Dollar vs. Japanese Yen”As we can see in the H4 chart, USDJPY is trading above the 5/8 level. In the future, the price may break the 7/8 level and c...
AUDUSD, “Australian Dollar vs US Dollar”AUDUSD is trading at 0.7127; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets cou...
AUDUSD, “Australian Dollar vs US Dollar”AUDUSD is trading at 0.7081; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets cou...
AUDUSD, “Australian Dollar vs US Dollar”AUDUSD is trading at 0.7095; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets cou...
AUDUSD, “Australian Dollar vs US Dollar”AUDUSD is trading at 0.7077; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets cou...
AUDUSD, “Australian Dollar vs US Dollar”AUDUSD is trading at 0.7096; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets cou...
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The U.S. Dollar Index (often marked as DXY or USDX) is widely used in Forex. The U.S. dollar index is an indicator of the U.S. currency's strength.
The interest rates issue often appears on the agenda of various media outlets and many people are already aware that this is closely related to the global economy and finance and...
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.