How Canada’s relationships with the US and China impact the Canadian dollar

Posted in Trading Knowledge
4 minute read
EC-3-Drivers-of-the-Canadian-Dollar-GI-1473749339

The Canadian dollar is one of the most traded currencies in the forex markets while the Canadian economy is export-driven and highly dependent on the US economy. How does this affect the Canadian dollar?

Drivers of the Canadian Dollar

The Effect of Commodity Prices on the Canadian dollar

EC-3 World's Oil Producers 2023
The World’s Oil Producers in 2023, in million barrels per day.

Bank of Canada Interest Rate Policy

How Inflation Affects the Canadian Dollar

Canadian Economic Data

Foreign Exchange Market Sentiment

Political and Economic Stability in Canada

US Dollar - Currency of the World

US - Canada Trading Relationship

Relationship between the Canadian and US Dollars

EC-3 USDCAD to WTI Oil
Relationship between USD/CAD and WTI Oil between April 30th, 2002 and June 5th, 2024.

Canadian Dollar Forex Crosses

Relationship between the Canadian Dollar and China

Strength of China’s Economy

China’s Demand for Crude Oil

Canadian Tariffs on Chinese Goods