USD/CAD live price and chart

US Dollar / Canadian Dollar

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USD/CAD chart

About USD/CAD

USD/CAD, the loonie, links two closely tied economies. Oil prices matter because crude is one of Canada's largest exports, and Canadian jobs and inflation data are often released at the same time as US figures.

Also known as: loonie, canadian dollar

What moves USD/CAD

  • Federal Reserve interest rate decisions and the rate path in its projections
  • US inflation (CPI) and jobs reports such as non-farm payrolls
  • Demand for the dollar as a safe asset when markets are stressed
  • Bank of Canada decisions and Canadian jobs and inflation data
  • Oil prices, because Canada is a major oil exporter

When USD/CAD trades

Currency pairs trade around the clock from 17:00 New York time on Sunday to 17:00 on Friday. Activity and liquidity are usually highest when the London and New York sessions overlap. Check which centres are open on the market sessions clock, and upcoming releases on the economic calendar.

USD/CAD questions

What moves USD/CAD?

Federal Reserve interest rate decisions and the rate path in its projections; US inflation (CPI) and jobs reports such as non-farm payrolls; Demand for the dollar as a safe asset when markets are stressed; Bank of Canada decisions and Canadian jobs and inflation data; Oil prices, because Canada is a major oil exporter.

When does USD/CAD trade?

Currency pairs trade around the clock from 17:00 New York time on Sunday to 17:00 on Friday. Activity and liquidity are usually highest when the London and New York sessions overlap.

Where can I follow USD/CAD news?

This page lists FTC's latest USD/CAD news and the upcoming economic events for its currencies. All reports are in the forex news section, and times are on the economic calendar.