USD/CAD

The US Dollar v/s the Canadian Dollar is a popular currency pair due to the large amount of cross-border trading activity that takes place between The United States and Canada. The Canadian Dollar is often called 'The Loonie' because of the picture depicting a loon on the Canadian $1 coin. The Canadian Dollar is often considered a 'Commodity Currency' due to the large deposits of natural resources, especially Oil that is mined and exported from Canada; particularly with their neighbor to the south.
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USDCAD chart

USDCAD chart by TradingView

IGCS: IG Client Sentiment data provided by IG


Last Week
-1.23
Current
---
Chg. Open Interest
-0.5%
Outlook
Bullish

Pivot Points data provided by IG

Support & Resistance

USD/CAD
S11.2855 W R31.3188 S
S21.2761 M R21.3046 M
S31.2618 S R11.2920 W
Trend
down

News


Dollar Closes Week with a 2018 High, Crude Oil Suffers Biggest Drop in 12 Months

There were certainly impressive moves from certain risk-oriented markets this past week, but there wasn't a consistent drive through sentiment - bullish or bearish.
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USD/CAD Jumps above 50-Day Moving Average as Oil Drops on OPEC News


US AM Digest: CAD Softer on Possible OPEC Oil Production Increase


Crude Oil Price Forecast: Brent Premium Favors OPEC Induced Volatility


US China Trade War & a Brief History of Trade Wars – 1900 until Present


Real Time News




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Market Datadata provided by IG

Symbol Bid Ask Spread
Market Data figures are provided for the trading day.
Symbol Bid Ask Spread
Market Data figures are provided for the trading day.

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