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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 (Nov. 18 – 22)
No love for the Loonie as geopolitical sentiment dragged oil & CAD to levels it couldn’t fully recover from, despite some positive comments from the BOC.
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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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