Important USDCAD news, actionable trading ideas, and a live USDCAD map are all available in this section to help you understand how the Canadian Dollar trades.

What is USDCAD currency pair?

The ticker symbol USDCAD, also known as the Loonie by Forex traders, reflects the number of Canadian dollars that one US dollar can purchase. USDCAD is a common currency pair with plenty of liquidity and tight spreads. Since Canada’s economy is based on natural resource exports, the USDCAD is a commodity pair.

  • BrokerEUR/USD
    Core Spreads 0.6pips (variable) margin: 3.33%
    OANDA 1.3pips (variable) margin: 3.33%
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