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USDCAD

The USDCAD quotes show the value of the Canadian dollar, i.e. how many ‘Canadians’ you need to pay for one ‘greenback’. If we overlay the WTI crude oil prices and the Canadian dollar exchange rate, the chart will reveal a significant correlation. This is because Canada is one of the largest producers of this commodity, meaning that its exports are largely based on oil. Take a look at the USD/CAD chart and see how the price of this pair is trending.

Instrument specification for USDCAD

Name
Minimum order value
Description
Maximum order value
Transaction Step
Type
Trading Hours
Contract size / 1 lot
Deposit required
Value of 1 pip
Financial leverage
Minimal step
Long swap (daily)
Short sale NO
Short swap (daily)
Distance SL and TP 0
3-day swap (date)

Historical spreads chart USDCAD.pro

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