USD/CAD

USD/CAD
US Dollar - Canadian Dollar
Open
1.2375+0.0003 (+0.03%)
As of: Oct 18, 2021 18:02 UTC
Open
1.2372
High
1.2377
Low
1.2367

Stats

Prev. Close

1.2372

Open

1.2372

Day's Range

1.2367 - 1.2377

52 Week Range

1.2007 - 1.3390

YTD Change

-2.79%

1 Year Change

-6.11%

Economic Calendar

Time zone: GMT

Monday, October 18th 2021

Time	Time Left	Country	Event	Actual	Forecast	Previous
13:30		CAD	BoC Business Outlook Survey
14:00		USD	NAHB Housing Market Index	80	76	76
14:30		CAD	Business Outlook Survey Indicator	4.7		4
18:00		USD	Monthly Budget Statement		-120 B	-171 B
20:00	01:56	USD	Foreign Bond Investment			10.2 B
20:00	01:56	USD	Net Long-Term Tic Flows			2 B
20:00	01:56	USD	Overall Net Capital Flows			126 B

USD/CAD

The Canadian Dollar, also referred to as the Loonie, is referred to as a commodity currency. Both the value of the Loonie and Bank of Canada monetary policy are materially influenced by global commodity prices and the global economic outlook. While a commodity currency, the Loonie is also a benchmark currency, meaning that central banks globally hold Canadian Dollars as a reserve currency. The USD/CAD pairing is equal 5th most liquid pairing, accounting for 5% of total transaction volume in the FX markets. The Loonie is the 7th most traded currency in the world.

	Canada		United States
Interest Rate	0.25% Sep 08, 21		0.25% Sep 22, 21
Inflation Rate	4.1% Aug 21		5.4% Sep 21
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	AaaStable	AAAStable	AaaStable	AA+Stable