USD/CAD


traders view logo Charts by TradingView

Pricing is indicative. Past performance is not a reliable indicator of future results. Log in to see latest markets data.

US DOLLAR / CANADIAN DOLLAR Trading

The USD/CAD is the abbreviation for the US dollar versus the Canadian dollar currency pair. The USD/CAD pair tells the reader how many CAD needed to purchase 1 USD. The USD/CAD pair is amongst popular currencies pairs to trade in the foreign exchange market.

History of USD CAD Trading

The USD dates back to 1792, when the US dollar was created by the United States Congress as the official country’s currency. It serves as legal tender in many countries and it is the world’s unofficial reserve currency.

The Canadian dollar began in the early 1850s with its departure from the colonial pound and transitioned to a decimalised Canadian dollar. It is usually referred to as the Loonie. The Canadian dollar used to be pegged to the USD but since 1970, it has been a free floating currency controlled by the Bank of Canada.

USD/CAD Forex Chart
Instrument: USD/CAD
Spread: floating
Leverage: 30:1
Margin: 3.33%
Minimum Nominal Trade Size: 1000
Overnight Interest (daily) Sell: -2.37%
Overnight Interest (daily) Buy: -3.01%
Trading Hours (GMT): 24/5
MT5 / MT4 Symbol: USDCAD

USD/CAD Trading FAQs

While forex pairs can theoretically be traded 24 hours a day, there are optimum times to trade the USD/CAD whenever the currency pair is more volatile. From 08:00 a.m. GMT to 17:00 p.m. GMT., the USD/CAD is usually busy (GMT).

Why Trade USD/CAD with FP Markets? An Australian-regulated forex & CFD broker
go long or short
Go Long or Short

Increase your ability to profit in
all market conditions
Leverage options up to 20:1

direct market access
Direct Market Access (DMA) Execution

Real-time, transparent share prices
Control, Functionality and deep liquidity
Full Market depth & see your orders in the queue

advanced platforms
Advanced Platforms
& Technology

MT4, MT5, Webtrader & Iress with
superior client portal

24/5 Multilingual customer support
24/5 Multilingual
Customer Support

Award winning support &
personal account managers

global exposure
Global Exposure

Low margins and competitive commission
+10,000 products on global stocks
across 4 continents

earn dividends
Earn Dividends

On long positions
No ownership of physical
shares necessary

Comece com uma corretora autraliana regulamentada

bullet Acesso a mais de 10.000 instrumentos financeiros
bullet Abra e feche posições automaticamente
bullet Notícias e calendário econômico
bullet Indicadores técnicos e gráficos
bullet Muitas outras ferramentas incluídas

Ao fornecer o seu e-mail, concorda com a política de privacidade da FP Markets e com receber materiais de marketing futuros da FP Markets. Pode cancelar a sua inscrição em qualquer momento.




Source - database | Page ID - 5527

Get instant Updates in Telegram