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Trends & Analysis
News

Crude oil spikes on US inventories report

News

Does Apple have more room to run?

News

Gold spikes to new highs on Fed remarks

News

GBP/USD price may correct lower

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Goldman Sachs’ stock surges on upbeat Q2

News

Caution ahead of Netflix’s earnings?

Trends & Analysis
News

Crude oil spikes on US inventories report

News

Does Apple have more room to run?

News

Gold spikes to new highs on Fed remarks

News

GBP/USD price may correct lower

News

Goldman Sachs’ stock surges on upbeat Q2

News

Caution ahead of Netflix’s earnings?

USD/CAD price chart, background, and sentiment

Widgets supplied in partnership with Acuity. Pricing and sentiment does not represent ADSS data or market view.

USD/CAD is a major currency pair that is widely traded in the forex market. The USD/CAD price represents the exchange rate between the US Dollar (USD) and the Canadian Dollar (CAD), which are two of the largest economies in the world. As neighbouring countries in the North American sphere, the US and Canada enjoy a close relationship and are involved in a Free Trade Agreement (FTA).

USD/CAD Price Today

Widgets supplied in partnership with Acuity. Pricing and sentiment does not represent ADSS data or market view.

USD/CAD serves as a key reference point for gauging the relative strength of the American and Canadian economies. Traders and investors analyse the USD/CAD price to make informed decisions in the forex market, which is characterised by its high liquidity and volatility.

The movement of the USD/CAD price is influenced by a variety of factors including interest rate differentials, economic data releases, geopolitical events, and central bank policies. As Canada is a major exporter of energy products and metals, it is particularly sensitive to commodity price movements. Fluctuations in commodity prices can also play a part in influencing the price of USD/CAD.

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