USD/CAD
Commodity CurrencyMedium VolatilityUS Dollar / Canadian Dollar — Full Technical & Fundamental Profile
Live market data integration coming soon.
Base / QuoteUSD / CAD
Pip Precision4 Decimals (0.0001)
Contract Size1,00,000 Units
Typical Daily Range60 - 90 pips
Market Overview
Known as the "Loonie", USD/CAD is heavily influenced by energy markets due to Canada being one of the world's premier crude oil exporters.
Key Fundamental Drivers
- WTI and Brent crude oil spot and futures pricing
- Bank of Canada (BoC) monetary policy stance vs Federal Reserve
- Simultaneous US and Canadian employment reports (First Friday of the month)
- North American trade agreements and tariff discussions
Technical & Structural Characteristics
- Negative correlation with crude oil prices (higher oil generally strengthens CAD)
- Subdued activity during Asian and European morning sessions
- High volatility during North American data releases at 12:30 / 13:30 UTC
- Clean technical respect of major daily support and resistance levels
Plan a USD/CAD Trade
Use the FINZOVA Trade Planner to compute exact position sizing and risk parameters for USD/CAD.
Launch Trade PlannerActive Liquidity Window
Peak volume for USD/CAD occurs during:
North American Session (13:00 - 21:00 UTC)