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The currency of Canada. One of the major currencies traded. Currency code (CAD)
Canadian Dollar
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The Bank of Canada (BoC) is Canada’s central bank and is located in Ottawa, the capital of Canada. Its...
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Forex trading is the simultaneous buying of one currency and selling another. When you trade in the forex...
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Forex stands for “foreign exchange” and refers to the buying or selling of one currency in exchange for...
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Safe haven currencies are currencies that are expected to retain or increase in value when it seems like...
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A currency pair is a price quote of the exchange rate for two different currencies traded in the foreign...
Related Articles
CAD Weekly Review (May 18 – 22)
Mixed performance for CAD this week, but ultimately a net gainer thanks to early positive global risk sentiment.
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CAD Weekly Review (June 15 – 19)
Choppy week for CAD, influenced mainly by counter currency flows and risk sentiment, as well as rising oil prices & weak CA data.
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CAD Weekly Review (July 13 – 17)
Surprisingly positive rhetoric from the BOC made for a net positive week for the Loonie despite terrible jobs data revisions and a round of risk-off sentiment.
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CAD Weekly Review (Apr. 13 – 17)
CAD closed as a net loser on Friday, taking hits from multiple angles including a big drop in oil prices, more stimulus from the BOC, & another round of weak economic updates Canada.
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