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CAD (Canadian Dollar)

The Canadian Dollar is often referred to as 'The Loonie', because of the loon bird that draws the attention on the $1 Canadian coin.


The CAD is the 7th most commonly traded currency in the world, and can be denoted with either a traditional '$' sign, or 'C$' to differentiate it from other Dollar-based currencies.

CAD News and Analysis

USD Breakdown Accelerates - Will CPI Fuel the Fire?
A disappointing CPI report could prove to be the death knell for the greenback.
USD/CAD Technical Analysis: Support Now Below 1.21
Trading Video: Choose Your Dollar View and Pair Wisely
Depending on timing and depth of the US Dollar retreat, there are opportunities for the bulls and bears. There is also event risk before the week closes to potential decide direct...
USD/CAD Major Breakdown Triggered
US Dollar Likely to Trade Lower versus Canadian Dollar, Euro
An important US Dollar pullback versus the Euro, Canadian Dollar, and New Zealand Dollar warns we may see continued USD weakness through upcoming trade.
Price & Time: High Volume Liquidation in USD/CAD
What next for the Loonie?
Potential for Top in USDOLLAR After Triangle False Breakout
Although the USDOLLAR Index hit fresh yearly highs this week, it's now vulnerable to setting a significant top if it breaks current levels.
Trading Video: Gauging the Dollar’s Reversal Risk and S&P 500’s ...
Is there enough in recent volatility and in the upcoming docket to carry nascent trends?
USD/CAD Technical Analysis: Pullback to Yield Long Trade
USDCAD Short Scalps Face 1.2300 Hurdle Ahead of CPI
The Loonie breakdown is challenging initial support ahead of key data this week. Here are the updated targets & invalidation levels that matter.

Canadian Dollar Trading Forecast

Symbol Forecast Outlook

Forex Economic Calendar

Current Time:

GMT0 09:29    

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Date Time Currency Event Importance Actual Forecast Previous Notes
There are no events scheduled.

The economy of Canada enjoys a robust trade relationship with The United States, and large deposits of natural resources such as Oil and Natural Gas have helped the nation build a strong export business. The Canadian Dollar has evolved into a global reserve currency, often being held by many central banks in Central and South America. This evolution into a global reserve currency began in the 1970's, when it was allowed to float against all other world currencies.