CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82.67% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

Trade US Dollar / Canadian dollar CFD

1.40846
0.19%
Market Trading Hours* (UTC) Opens on Monday at 00:00

Mon - Thu: 00:00 - 21:59 22:05 - 00:00

Fri: 00:00 - 21:59

Sun: 22:00 - 00:00

  • Summary
  • Historical Data
Trading сonditions
Spread 0.00080
Long position overnight fee

Long position overnight funding adjustment


Margin. Your investment $1,000.00
Overnight funding adjustment -0.001313 %
Charges from full value of position ($-1.31)
Trade size with leverage ~ $100,000.00
Money from leverage ~ $99,000.00

Go to platform
-0.001313%
Short position overnight fee

Short position overnight funding adjustment


Margin. Your investment $1,000.00
Overnight funding adjustment -0.006907 %
Charges from full value of position ($-6.91)
Trade size with leverage ~ $100,000.00
Money from leverage ~ $99,000.00

Go to platform
-0.006907%
Overnight fee time 22:00 (UTC)
Min traded quantity 500
Currency CAD
Margin 1.00%
Commission on trade 0%

  • Last Week
  • Last Month
  • Last Year
  • Last two Years
  • Max
  • Daily
  • Weekly
  • Monthly
Date Close Change Change (%) Open High Low
Nov 15, 2024 1.40846 0.00239 0.17% 1.40607 1.41048 1.40325
Nov 14, 2024 1.40608 0.00694 0.50% 1.39914 1.40706 1.39872
Nov 13, 2024 1.39915 0.00469 0.34% 1.39446 1.40019 1.39299
Nov 12, 2024 1.39445 0.00248 0.18% 1.39197 1.39665 1.39181
Nov 11, 2024 1.39195 0.00095 0.07% 1.39100 1.39499 1.39042
Nov 10, 2024 1.39099 0.00027 0.02% 1.39072 1.39135 1.39033
Nov 8, 2024 1.39061 0.00384 0.28% 1.38677 1.39271 1.38659
Nov 7, 2024 1.38675 -0.00797 -0.57% 1.39472 1.39474 1.38413
Nov 6, 2024 1.39473 0.01137 0.82% 1.38336 1.39578 1.38315
Nov 5, 2024 1.38338 -0.00666 -0.48% 1.39004 1.39059 1.38141
Nov 4, 2024 1.39005 -0.00200 -0.14% 1.39205 1.39216 1.38744
Nov 3, 2024 1.39203 0.00049 0.04% 1.39154 1.39265 1.39142
Nov 1, 2024 1.39505 0.00161 0.12% 1.39344 1.39581 1.39018
Oct 31, 2024 1.39345 0.00264 0.19% 1.39081 1.39444 1.38901
Oct 30, 2024 1.39085 -0.00063 -0.05% 1.39148 1.39397 1.38943
Oct 29, 2024 1.39147 0.00269 0.19% 1.38878 1.39288 1.38758
Oct 28, 2024 1.38877 -0.00077 -0.06% 1.38954 1.39077 1.38799
Oct 27, 2024 1.38953 0.00182 0.13% 1.38771 1.38971 1.38771
Oct 25, 2024 1.38911 0.00383 0.28% 1.38528 1.38966 1.38374
Oct 24, 2024 1.38529 0.00161 0.12% 1.38368 1.38679 1.38117

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).

Trade commission
0
  • 1:1
  • 10:1
  • 20:1
  • 30:1
  • 50:1
  • 100:1
Leverage
100:1
  • 20
  • 100
  • 500
  • 1000
  • 10000
Investment
Trade size (Leverage x Investement):
Open

Close

Short Long

For the avoidance of doubt, this calculation does not include the costs of holding a position overnight (for which there will be additional charges)

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

SHIB cryptocurrency logo, showing a cartoon Shiba Inu dog on a coin, over a golden orange background with circuit board graphics detail

Shiba Inu coin price prediction 2030: could Shiba Inu coin reach $1? Third party price target

Can Shiba Inu reinvent itself to become a worthy long-term investment?

08:36, 15 November 2024

Trump trades charge as Bitcoin hits $US80,000

Bitcoin hits $80,000 amid expectations of fiscal stimulus, lower regulatory risks, and resilient US economy.

10:48, 13 November 2024

Australian jobs data expected to point to solid labour market conditions

Australian labour market and wage data to reveal job growth resilience, shaping RBA rate cut expectations and impacting AUD amidst global economic shifts.

10:16, 13 November 2024

FOMC cuts interest rates as expected and sticks to its line on future policy

The FOMC cut interest rates by 25 basis points at its November meeting, aligning with expectations. Wall Street hit record highs following the decision, with tech stocks leading the rally. Markets are pricing in a probable December cut amid resilient economic indicators.

13:33, 8 November 2024

FOMC and BOE preview: further rate cuts expected

Both the Federal Reserve and the Bank of England are expected to cut rates further when they meet later this week.

14:14, 5 November 2024

RBA meeting preview: No change to policy expected as inflation fight continues

The Reserve Bank of Australia is expected to keep its cash rate on hold at 4.35% when it announces its policy decision at 2.30PM on the 5th of November, 2024. Despite ongoing evidence of soft demand, upside risks to inflation are likely to remain the central bank’s primary concern.

13:35, 4 November 2024

US elections: Trump leads the polls, but tariff talk spooks investors

As the US elections get closer we look at how Trump’s tariff plans could affect markets.

15:02, 22 October 2024

People also watch

BTC/USD

90,362.65 Price
-0.980% 1D Chg, %
Long position overnight fee -0.0616%
Short position overnight fee 0.0137%
Overnight fee time 22:00 (UTC)
Spread 106.00

ETH/USD

3,086.00 Price
-2.330% 1D Chg, %
Long position overnight fee -0.0616%
Short position overnight fee 0.0137%
Overnight fee time 22:00 (UTC)
Spread 6.00

Gold

2,563.47 Price
-0.050% 1D Chg, %
Long position overnight fee -0.0173%
Short position overnight fee 0.0091%
Overnight fee time 22:00 (UTC)
Spread 0.60

XRP/USD

1.10 Price
-3.620% 1D Chg, %
Long position overnight fee -0.0616%
Short position overnight fee 0.0137%
Overnight fee time 22:00 (UTC)
Spread 0.01168
video

Still looking for a broker you can trust?

Join the 660,000+ traders worldwide that chose to trade with Capital.com

1. Create & verify your account 2. Make your first deposit 3. You’re all set. Start trading