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HomeMarketsForexUS Dollar / Canadian dollar

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

USD/JPY forecast: Third-party price target
USD/JPY forecast: Third-party price target
The US dollar to Japanese yen (USD/JPY) rate is down approximately 9.41% year-to-date after the yen closed at 142.8790 per dollar on 25 April 2025 – marking one of JPY’s strongest levels versus USD since September 2024, and around 11.77% below its July 2024 high of 161.942.
13 hours ago
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.
23:50, 17 February 2025
Two €50 banknotes on a map of Europe
Euro forecast: third party data roundup
In 2024, the euro’s outlook appeared more stable. Read on for our 2025 and beyond insights.
12:30, 31 December 2024
PCE Index Preview: Forecasts point to no change in headline or core inflation from a month earlier
The markets continue to look for signals of disinflation in the United States. The latest PCE Index data, the US Federal Reserve’s preferred inflation gauge, is released on May 31, 2024.
12:44, 29 May 2024

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