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USD/CAD (USD/CAD) indicates how many Canadian dollars it takes to buy one US dollar. The Dollar/Canadian dollar is also known as the Loonie, after the image of Loon on the back of Canada’s $1 coin. The U.S. dollar/Canadian dollar has become a popular currency pair thanks to frequent cross-border trade between the two countries. The Canadian dollar is seen as a commodity currency because of the country’s vast reserves of natural resources, especially oil, which it exports to its neighbor, the United States.



Canadian dollar rises sharply to test 1.2700 as market risk sentiment improves
USD to CAD Prediction

Canadian dollar rises sharply to test 1.2700 as market risk sentiment improves

In early European markets, the USD/CAD extended its steady intraday decline and hit a new intraday low, as the safe-haven...
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USD/CAD rises above 1.2700 handle on stronger dollar + oil price retreat
USD to CAD Prediction

USD/CAD rises above 1.2700 handle on stronger dollar + oil price retreat

USD /CAD continued to advance in the European session, with bulls breaking 1.2700. USDCAD Rates by TradingView A combination of...
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Multiple positives supported the bulls, with the U.S. dollar hitting a nearly three-week high against the Canadian dollar
USD to CAD Prediction

Multiple positives supported the bulls, with the U.S. dollar hitting a nearly three-week high against the Canadian dollar

The U.S. dollar briefly hit a near three-week high against the Canadian dollar in Asia on Thursday, supported by a...
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The U.S. dollar hit a near three-week high against the Canadian dollar as the Fed diverged from the Bank of Canada
USD to CAD Prediction

The U.S. dollar hit a near three-week high against the Canadian dollar as the Fed diverged from the Bank of Canada

The Greenback (USD) maintained its positive tone against the Canadian dollar in European trading, hitting a near 3-week high despite...
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A surge in international oil prices boosts Cad, CAD/JPY and USD/CAD trend analysis
CAD to Yen USD to CAD Prediction

A surge in international oil prices boosts Cad, CAD/JPY and USD/CAD trend analysis

Soaring international oil prices boosted the Canadian dollar The Canadian dollar has been supported by continued strength in energy markets....
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Foreign exchange weekly review: strong interest rate hike expectations assist the dollar
news USD to CAD Prediction

Foreign exchange weekly review: strong interest rate hike expectations assist the dollar

Global inflation is on fire and expectations of policy tightening by major central banks are rising. Markets fully priced in...
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Higher oil prices supported the Canadian dollar, but a stronger U.S. dollar weighed on the currency
USD to CAD Prediction

Higher oil prices supported the Canadian dollar, but a stronger U.S. dollar weighed on the currency

USD/CAD remained on the defensive, trading around the key 1.2500 psychological level in European session. USDCAD Rates by TradingView 15...
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Jan 14 CURRENCY watch: Technical analysis of EUR, GBP and CAD
Uncategorized USD to CAD Prediction

Jan 14 CURRENCY watch: Technical analysis of EUR, GBP and CAD

Currency: Euro/USD Resistance at 2:1.1520 Resistance level 1:1.1470 Spot price: 1.1454 Support bit 1:1.1385 Support bit 2:1.1320 Euro/dollar traded near...
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Usd/CAD trend analysis: the market is waiting for US inflation data
USD to CAD Prediction

Usd/CAD trend analysis: the market is waiting for US inflation data

Friday night's US and Canadian jobs data showed us non-farm payrolls rose by 99,000 in December, missing expectations of 400,000,...
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Cad forecast: USD/CAD and CAD/JPY technical analysis
CAD to Yen USD to CAD Prediction

Cad forecast: USD/CAD and CAD/JPY technical analysis

Technical analysis of USD/CAD trend USD to CAD rose to 1.2850, a major resistance two weeks ago, opening the door...
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Cad/JPY, USD/CAD Trend analysis: How long can crude oil support the Canadian dollar?
CAD to Yen USD to CAD Prediction

Cad/JPY, USD/CAD Trend analysis: How long can crude oil support the Canadian dollar?

Cad/Yen hit a new monthly low this week and then bounced off a familiar territory: a downtrend line linking October...
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