USDCAD
Market is open. Closes in 91h 23m
US Dollar vs Canadian Dollar
Chart
Specification
| Details | |
|---|---|
|
Contract size
|
100000 |
|
Min volume, lot
|
0.01 |
|
Max volume, lot
|
100 |
|
Step volume, lot
|
0.01 |
|
Stops level
|
0 |
|
Avg spread, pips
|
1.1 |
|
Commission, per lot/side USD
|
0 |
|
Margin
|
0.03% |
|
Long swap, points
|
-6.12 |
|
Short swap, points
|
-17.64 |
|
3 days swap
|
Wednesday |
|
Profit currency
|
USD |
| Trading time (MT server time) | |
|---|---|
| Market is open. Closes in 91h 23m | |
| Sunday | - |
| Monday | 00:02 - 24:00 |
| Tuesday | 00:00 - 24:00 |
| Wednesday | 00:00 - 24:00 |
| Thursday | 00:00 - 24:00 |
| Friday | 00:00 - 23:58 |
| Saturday | - |
Description
The USDCAD pair reflects the exchange rate between the US dollar (USD) and the Canadian dollar (CAD), often called the “Loonie.”
Factors influencing USDCAD:
- Oil prices: Canada is a major oil exporter, making the CAD sensitive to energy price fluctuations.
- Interest rate policies: Decisions by the Federal Reserve and the Bank of Canada (BoC) influence the pair.
- Economic performance: US and Canadian GDP, employment, and trade balances affect the exchange rate.
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