USD/CAD Exchange Rate
Track the live USD/CAD exchange rate, interactive charts, technicals, and the key drivers every forex trader should know.
- Major FX pairAsset Class
- USDCADTicker Symbol
- CADBase Currency
- Forex CFDTradable Asset
Technical Rating
How to read this rating
The gauge sums up popular indicators and moving averages into one signal for USDCAD, updated as prices move.
- Strong Buy — strong upward momentum.
- Buy — momentum leans up.
- Neutral — no clear direction.
- Sell — momentum leans down.
- Strong Sell — strong downward momentum.
Use it as a guide, not advice — always check the live chart and your own research before trading.
Charts, ratings, and quotes are provided by TradingView for information only. Confirm the exact tradable price in your Centrino Capital platform before placing an order.
About USD/CAD
USD/CAD, often referred to as the 'Loonie', reflects the value of the US dollar against the Canadian dollar. The quote indicates how many Canadian dollars are required to buy one US dollar.
Given that Canada conducts the vast majority of its trade with the United States, USD/CAD is closely tied to North American economic conditions and is one of the most actively traded pairs in the major FX universe.
The pair is particularly sensitive to crude oil prices, given Canada's status as a major oil exporter, as well as the monetary policy gap between the Bank of Canada and the Federal Reserve, and broader risk sentiment.
Key Facts
- Symbol
- USD/CAD
- Asset class
- Major FX pair
- Base / Quote
- USD / CAD
- Pip value
- 0.0001
- Trading hours
- 24h, Mon-Fri
- Tradable as
- Forex CFD
What Moves USD/CAD
Crude Oil Prices
Canada's significant oil export revenues mean that rising crude oil prices typically strengthen the Canadian dollar, pushing USD/CAD lower.
BoC vs Fed Policy
The interest-rate differential between the Bank of Canada and the Federal Reserve shapes relative yield attractiveness and drives capital flows between the two currencies.
US-Canada Trade Relations
Trade agreements, tariff discussions, and bilateral economic ties between the US and Canada directly influence CAD sentiment.
Canadian Economic Data
Employment, inflation, and GDP releases from Canada shift Bank of Canada rate expectations and move the pair accordingly.
Risk Sentiment
The Canadian dollar, as a commodity-linked currency, tends to weaken in risk-off environments alongside falling oil prices and broader risk assets.
Why Trade USD/CAD (USDCAD) CFDs with Centrino Capital?
Tight Spreads
Competitive spreads for cost-efficient access and improved trading potential.
Super-Fast Execution
Lightning-fast order execution with minimal slippage and no requotes.
Flexible Leverage
Trade with flexible leverage options designed to suit your individual strategy.
Markets You Can Trust
Trade on a secure and transparent platform with real market pricing.
How to Trade USD/CAD
- 1
Open Your Account
Sign up in minutes and complete a quick verification process.
- 2
Fund Your Account
Choose from multiple secure deposit options.
- 3
Search USD/CAD (USDCAD)
Find USD/CAD CFDs and analyze the market.
- 4
Place Your Trade
Choose your position size and start trading.
USD/CAD — Questions
How much is USD/CAD live price today?
The live USD/CAD exchange rate is shown in the chart above and updates continuously through the trading week. Because FX prices move constantly, check the live chart and current bid/ask before opening a trade.
Can I trade USD/CAD with leverage?
Yes. With Centrino Capital, eligible clients can trade USD/CAD as a forex CFD with flexible leverage and transparent margin requirements. Leverage increases both potential gains and potential losses, so trade responsibly and ensure you understand CFD risk.
What moves the USD/CAD exchange rate?
USD/CAD is heavily influenced by crude oil prices, the Bank of Canada and Federal Reserve policy differential, US-Canada trade relations, and Canadian economic data. Oil market moves can create rapid swings in the pair.
What are the trading hours for USD/CAD?
USD/CAD trades 24 hours a day from Monday morning in Asia through to Friday evening in New York. The pair typically sees its highest volume and tightest spreads during the North American session.
Do I own US or Canadian dollars when I trade USD/CAD?
No. Trading USD/CAD as a CFD means you are speculating on price movements without taking delivery of either currency. You can go long or short depending on your view of the exchange rate.
Disclaimer
This page is for informational purposes only and does not constitute investment advice, financial guidance, or a recommendation to buy or sell USD/CAD (USDCAD) or any other financial instrument. Live prices and charts are supplied by TradingView and may differ from the tradable prices in the Centrino Capital platform. Trading CFDs is leveraged and carries significant risk to your capital — you may lose more than you expect. Past performance is not indicative of future results. Please ensure you fully understand the risks and conduct your own research before trading. T&Cs apply.
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