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Trade US Dollar / Canadian dollar CFD

The USD/CAD rate tracks the price of the US dollar, the base currency, against the Canadian dollar, the counter currency. The pairing is informally known as the 'Loonie' because of the loon bird featured on the Canadian dollar coin. Monetary policy announcements of both the US Federal Reserve and the Bank of Canada will have an influence on this currency pair as well as the respective country's interest rates.

Latest currencies articles

UK Outlook Deteriorates as CPI Surges to 3%: Market Implications

UK inflation rose more than expected in January, putting pressure on the UK economy and the Bank of England.

10:06, 19 February 2025

Defence stocks propel DAX 40 and STOXX 600 to new highs

European stocks reach new all-time highs as increased defence spending is expected in Europe

20:01, 18 February 2025

Benjamin Franklin’s face on a $100 bill

USD forecast - third party data round up

Has the USD stabilised? Learn what’s been driving the US dollar price and whether it has any more upside potential in our USD forecast.

23:17, 17 February 2025

RBA expected to cut interest rates for the first time since 2020

The RBA is widely expected to lower the cash rate by 25 basis points to 4.10% in its first meeting of 2025. With Australia’s economy showing signs of stagnation and inflation tracking below forecasts, market expectations for a rate cut have surged.

08:53, 17 February 2025

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