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🇺🇸/🇨🇦

USD/CAD

Major Pair
1.3542+0.0018 (+0.13%)
1.3542Bid
1.3545Ask
0.3 pipsSpread
1.3590Day High
1.3510Day Low
1.389852W High
1.309552W Low
$260BAvg Daily Volume

Price Chart

Interactive USD/CAD chart — coming soon

About USD/CAD

Known as the 'Loonie', USD/CAD is heavily influenced by crude oil prices given Canada's status as a major oil exporter. The pair reflects Bank of Canada vs Federal Reserve policy divergence and US-Canada trade dynamics.

Interest Rate Differential

5.25%Fed Rate
4.50%BoC Rate
+0.75%Spread

Currency Profiles

🇺🇸
USDUS Dollar

United States

base
Federal Reserve
Central BankFed
Interest Rate5.25%
Inflation (CPI)3.0% YoY
GDP Growth+2.5%
GDP (Nominal)$28.8T
Unemployment3.7%
Debt / GDP123%
Current Account-$818B
Trade Balance-$773B
10Y Bond Yield4.25%
M2 Money Supply$20.8T
FX Reserves$36B
PMI51.5
Credit RatingAA+ (S&P)
🇨🇦
CADCanadian Dollar

Canada

quote
Bank of Canada
Central BankBoC
Interest Rate4.50%
Inflation (CPI)2.9% YoY
GDP Growth+1.1%
GDP (Nominal)$2.1T
Unemployment5.8%
Debt / GDP107.4%
Current Account-C$8B
Trade Balance-C$12B
10Y Bond Yield3.45%
M2 Money SupplyC$2.4T
FX Reserves$107B
PMI49.2
Credit RatingAAA (S&P)

Correlation

InstrumentCorrelation (90D)Direction
Crude Oil-0.72Moderate Inverse
USD/CHF+0.48Weak Positive
AUD/USD-0.55Moderate Inverse

Related Pairs