Synopsis
The base currency of USDCAD is the U.S Dollar and the denomination currency is the Canadian dollar, indicating how many Canadian dollars are needed to buy 1 U.S Dollar. The Forex market and the interbank market, was established in 1971 when international trade shifted from a fixed exchange rate to a floating exchange rate. Thereafter, the exchange rate of one currency relative to another is often expressed in an explicit way to express a mutually agreed upon exchange relationship. The USDCAD has become a popular currency pair thanks to the frequent cross-border trade between the U.S and Canada. Any trader interested in Canada's oil and gas resources or the relationship between the two countries can take advantage of currency fluctuations. The monetary policies of major countries in the world, international balance of payments, policy changes in various countries, relative inflation rates, the world's macroeconomics, domestic interest rates, short-term government interventions and inves
Trading Terms
- Contract Size 100000
- Swap Long(Daily) % -0.00689%
- Leverage 100X
- Swap Short (Daily)% -0.00594%
- Minimum Lot Size 0.01
- Spreads 0.00016
- Maximum Lot Size 20.00
- Triple Swap Wednesday
- Maximum Position 100.00
- Trading Session
Real-time Trading Strategies
USD/CAD
Day
+0.939%
FAILED
2025-04-05 05:27:06 (GMT+8)
USD/CAD
Day
+0.939%
FAILED
2025-04-05 02:18:06 (GMT+8)
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