Course USD(US Dollar)-CAD(Canadian Dollar) for today

Quotes USD/CAD for today .

US Dollar

The US central bank is called the Federal Reserve Bank (commonly referred to as "The Fed"). The USD is the most traded currency in the forex market and can be paired with all other major currencies. Common names for the USD include the greenback, buck, green, dough, smacker, bones, dead presidents, scrillas, and paper.

  • Central bank: The Federal Reserve System (also known as the Federal Reserve, or the Fed)
  • The USD (also called the greenback or buck) is the de facto global currency. Most commodities (including gold and oil) are priced in USD.
  • The U.S.A. has by far the largest economy in the world.
  • America faces challenges from developing economies, and has consistently large trade deficits with other nations.

Canadian Dollar

Importance of the Canadian Dollar The Canadian Dollar is the seventh-most traded currency on the Forex market, as many institutions and individuals trade the CAD. People also refer to the CAD as the Loonie, buck, Huard, and Piastre (in French). The Canadian Dollar is held as a reserve currency by a number of central banks. It is also known as a commodity currency, due to the country's substantial raw material exports.

  • Central bank: The Bank of Canada
  • The Canadian dollar (CAD) is also known as the loonie.
  • The CAD is called a “commodity currency” because Canada is a world leader in resource exports: oil, lumber, fish, food, and many types of minerals—copper, nickel, potash, uranium, gold.
  • Canada usually has a modest trade surplus, with 70% of its exports going to the U.S.

Start trading

Risk disclaimer "TS Software Ltd – Trust Company Complex, Ajeltake Road, Majuro, Ajeltake Island, MH 96960, Marshall Islands is a financial services institution outside the European Union Area, which is subject to the supervision of the IFMRRC Certificate 0395 AA V0155 Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk. It is possible to lose all your capital. 70% of trading deals can be unprofitable. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. This Website may contain information in particular regarding financial services and products that could be regarded b a E.U. supervisory authority as an offer of financial services targeted in Europe. ESMA intervention measures do not apply to customers of TS Software Ltd and it is your responsibility to choose a company which is most suitable for your trading needs. By clicking continue you confirm that you have read, understood and agree to the risk disclosures, terms of service, cash policies, privacy policies and this notice and that you are visiting this website on your own initiative, without any encouragement whatsoever from umarkets.net or TS Software Ltd." Cookies notification: We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we assume that you are happy with it. Read more. Continue
×

Help with deposit?