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USD/CAD

USD/CAD USDCAD

1.41498 0.91%
High: 1.41636 Low: 1.40124

U.S. Dollar / Canadian Dollar - Also known as the "Loonie." Yahoo! Finance

Traders' Sentiments

Info

U.S. Dollar / Canadian Dollar - Also known as the "Loonie." Yahoo! Finance

Spread 0.0002 Spread (%) 0.01%
Overnight funding - Buy -0.0031% Overnight funding - Sell -0.0082%
Initial margin 3.33% Maintenance margin 1.67%
Leverage 1:30 Expires daily No

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What is USD/CAD?

The USD/CAD (USDCAD) is a Forex currency pair, nicknamed 'Loonie', consisting of the US dollar (USD) and the Canadian dollar (CAD). The USDCAD exchange rate is influenced by multiple factors such as the trade balance between the two regions, interest rates, and monetary policies by The US Federal Reserve and Bank of Canada (BoC), economic data (GDP, CPI inflation, employment rates, manufacturing, and consumer Sentiment) as well as Oil-related market events (OPEC meetings, oil inventory data).

How do I trade USD/CAD?

Start trading USD/CAD in just 5 steps:
  1. Explore what shifts the USD/CAD price
  2. Learn about USD/CAD trading in the Trading Academy
  3. Open and verify your Plus500 account
  4. Develop your trading strategy
  5. Execute your first trade on USD/CAD

Related News & Market Insights

Why Plus500?

Protected & secure

Your data is safe and your funds are kept in segregated bank accounts, in accordance with regulatory requirements.

Professional support

Get around-the-clock dedicated customer service in multiple languages.

Regulated

Plus500EE AS is authorised and regulated by the Estonian Financial Supervision and Resolution Authority (Licence no. 4.1-1/18).

Reliable

Plus500 Ltd is a FTSE 250 company listed on the London Stock Exchange’s Main Market for Listed Companies.
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