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    Trade US Dollar / Canadian dollar CFD

    1.36103
    0.06%
    0.00020
    Low: 1.35775
    High: 1.36165
    Market Trading Hours* (UTC) Open now
    Closes on Wednesday at 20:59

    Mon - Thu: 00:00 - 20:59 21:05 - 00:00

    Fri: 00:00 - 20:59

    Sun: 21:00 - 00:00

    • Summary
    • Historical Data
    Trading сonditions
    Spread 0.00020
    Long position overnight fee

    Long position overnight funding adjustment

    Margin. Your investment $1,000.00
    Overnight funding adjustment -0.000656 %
    Charges from full value of position ($-3.28)
    Trade size with leverage ~ $500,000.00
    Money from leverage ~ $499,000.00
    Go to platform
    		-0.000656%
    Short position overnight fee

    Short position overnight funding adjustment

    Margin. Your investment $1,000.00
    Overnight funding adjustment -0.007564 %
    Charges from full value of position ($-37.82)
    Trade size with leverage ~ $500,000.00
    Money from leverage ~ $499,000.00
    Go to platform
    		-0.007564%
    Overnight fee time 21:00 (UTC)
    Min traded quantity 500
    Currency CAD
    Margin 0.20%
    Commission on trade 0%

    • Last Week
    • Last Month
    • Last Year
    • Last two Years
    • Max
    • Daily
    • Weekly
    • Monthly
    Date Close Change Change (%) Open High Low
    Sep 11, 2024 1.36063 -0.00032 -0.02% 1.36095 1.36157 1.35992
    Sep 10, 2024 1.36094 0.00462 0.34% 1.35632 1.36147 1.35609
    Sep 9, 2024 1.35633 0.00008 0.01% 1.35625 1.35762 1.35456
    Sep 8, 2024 1.35624 0.00083 0.06% 1.35541 1.35693 1.35541
    Sep 6, 2024 1.35690 0.00706 0.52% 1.34984 1.35816 1.34654
    Sep 5, 2024 1.34982 -0.00098 -0.07% 1.35080 1.35244 1.34980
    Sep 4, 2024 1.35079 -0.00354 -0.26% 1.35433 1.35646 1.34992
    Sep 3, 2024 1.35432 0.00460 0.34% 1.34972 1.35616 1.34912
    Sep 2, 2024 1.34973 0.00068 0.05% 1.34905 1.35045 1.34847
    Sep 1, 2024 1.34903 0.00071 0.05% 1.34832 1.34921 1.34790
    Aug 30, 2024 1.34926 0.00044 0.03% 1.34882 1.35086 1.34647
    Aug 29, 2024 1.34883 0.00120 0.09% 1.34763 1.34902 1.34492
    Aug 28, 2024 1.34762 0.00293 0.22% 1.34469 1.34873 1.34402
    Aug 27, 2024 1.34468 -0.00344 -0.26% 1.34812 1.34874 1.34360
    Aug 26, 2024 1.34813 -0.00267 -0.20% 1.35080 1.35134 1.34623
    Aug 25, 2024 1.35081 0.00095 0.07% 1.34986 1.35147 1.34964
    Aug 23, 2024 1.35082 -0.00955 -0.70% 1.36037 1.36047 1.34979
    Aug 22, 2024 1.36036 0.00201 0.15% 1.35835 1.36179 1.35705
    Aug 21, 2024 1.35833 -0.00333 -0.24% 1.36166 1.36227 1.35750
    Aug 20, 2024 1.36167 -0.00141 -0.10% 1.36308 1.36405 1.36042

    Trading calculator

    Calculate your hypothetical P&L if you had opened a CFD trade on a certain date (select a date) and closed on a different date (select a date).

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    USD/CAD

    The USD/CAD currency pair is composed of the United States dollar as the base currency and the Canadian dollar as the counter currency. The USD/CAD chart represents the relationship between the American and Canadian dollars, essentially how many Canadian dollars can be traded for one American dollar. The latter has given the USD/CAD currency pair a nickname ‘loonie’, because of the loon bird, featured on Canada’s one-dollar coin. The USD/CAD boasts a remarkable trading volume as one of the world’s commodity currency pairs.
     

    A brief history of the US dollar

    One of the world’s most influential currencies, the US dollar dates its history back to Joachimstal, now modern-day Germany. In the town, silver ‘thalers’ were minted, each with a standardised weight – 29.2 g. These coins were widely used across the European continent and eventually found its way to the New World – America.
     
    Following the American Revolution, in 1972 the newly formed US Congress instated the ‘thaler’ as the official currency, although at a slightly lighter weight – 27.0 g. This was done as a method of standardisation, following the corrupt ‘continental bill’ system.
     
    Although still closely tied to the price of silver and gold, the US dollar has developed as a currency spawning a multitude of coins and notes. Today, the currency is controlled by the Federal Reserve, the central bank of the United States, established in 1913.
     
    The USD is the world’s foremost reserve currency, held by numerous countries as part of their foreign exchange reserves. It also makes up six out of eight of the world’s Forex pairs. The US dollar is denoted by the symbol $.
     

    The story behind CAD

    The Canadian dollar is the official currency of Canada and unofficial currency to Saint Pierre and Miquelon. Issued by the Bank of Canada, it is the world’s 7th most traded currency. Also known by the nickname ‘loonie’, the currency uses the symbol $, Can$ or C$.
     
    Moving from the use of beaver pelts as a form of currency in the 1600s, Canada’s currency has gone through a number of changes. By the 18th century a variety of coins were in circulation on the territory, all without a standardisation process.
     
    Like the USD, Canada has a history of using the Spanish dollar or ‘thaler’ as far back as the early 1800s. Various coinages were used provincially, such as the British Columbian dollar, the Nova Scotian dollar etc. In 1867, several states merged their currencies, creating the Dominion of Canada and the Canadian dollar.
     
     

    What factors affect the USD/CAD pair?

    The USD/CAD shows a negative correlation to various US dollar containing currencies, such as the GBP/USD, AUD/USD and NZD/USD, due to the dollar’s role as a counter currency, rather than a base currency.
     
    The USD/CAD rate is also affected by key financial players, such as the Federal Reserve (US) and the Bank of Canada. Releases and announcements from these institutions – monetary policy, interest rate changes and other key news items – influence the currency pair’s volatility.
     
    Canada’s economy is heavily correlated to oil prices, due to its status as the largest oil-producer to the US market and a major player as one of the world’s top oil exporters.
     

    Where can the USD/CAD pair be traded?

    Explore trading on one of the world’s major currency pairs and find the latest USD/CAD share price at Capital.com. Get the most up-to-date rates with the USD/CAD charts and trade smart on the ‘loonie’ currency pair.

    News

    ECB Preview: cuts expected but the pace is uncertain

    Markets expect the ECB to cut rates again in September, but how many more?

    12:34, 11 September 2024

    Market analysis: US CPI and PPI

    Overview of upcoming US inflation data for August, with expectations for a year-over-year CPI drop to 2.6% and core CPI holding steady at 3.2%. Markets will also focus on U.S. PPI data, which is forecasted to show mild growth, reinforcing potential easing inflationary pressures.

    07:56, 10 September 2024

    Introducing Newsquawk: your new in-platform newsfeed

    We are very excited to announce the launch of Newsquawk in the Capital.com platform and app. This new newsfeed is designed to help you get ahead with real-time headlines, personalised stories and in-depth reports – all available directly in the platform and app, where you need them.

    14:09, 20 August 2024

    Jackson Hole Preview: All eyes on Powell and Gold

    The key focus this week will be on Jerome Powell and any insight he may give into the future of monetary policy.

    15:24, 19 August 2024

    All eyes on inflation: US and UK CPI take centre stage

    Just over a month has gone by since the latest CPI data was released in the US and so much has happened since.

    14:41, 13 August 2024

    European stocks face resistance in their attempt to recover

    European stocks struggle to recover as the tech sector faces continued downside pressure in Asia.

    13:56, 9 August 2024

    Global selloff continues on US economy fears

    Thursday’s rise in jobless claims led to a market meltdown in the US stock market as investors became concerned that the Federal Reserve made the wrong decision by keeping rates unchanged on Wednesday.

    14:40, 5 August 2024

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    Why is US Dollar / Canadian dollar important to traders?

    Trade USD/CAD CFDs, other major currency pairs, indices, shares and commodities through Capital.com’s award-winning platform. Up to 1:30 leverage. Available on web and mobile. Trade now.

    Learn more about US Dollar / Canadian dollar
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