USD/CAD or USD to CAD or “loonie” is the Forex pair presenting the value of the US Dollar versus the Canadian Dollar. This is another pair, part of the “Majors” group, that ranks high among the traders’ preferences.
USD/CAD price is sensitive to the commodities price fluctuation, particularly oil and that’s why it is also considered a “commodity currency”.
When trading and investing in USD/CAD you need the best technical and fundamental analysis and other research to help you reach your profit goals. The Traders Spread is your best “partner in crime”.