USD/CAD (USDCAD)
USD/CAD is the exchange rate between the US Dollar (USD) and the Canadian Dollar (CAD): how many units of the Canadian Dollar are needed to buy one unit of the US Dollar. USDCAD is one of the majors: the US dollar is always one side of the quote.
The pair is driven mainly by monetary policy from the Federal Reserve (Fed) and the Bank of Canada (BoC), together with inflation, interest rates, labour-market data, GDP, commodity prices and overall risk sentiment. Because the US dollar is one side of the pair, liquidity is deep and spreads are usually tight, although the pair can still move sharply around central-bank decisions and inflation releases.
This page collects USDCAD forecasts, technical analysis, economic-calendar events, key support and resistance levels, futures margin data and market statistics, updated on a regular basis.
Trading Specifications USDCAD
ℹ INFO
| Specification | Details |
|---|---|
| Symbol | USD/CAD (USDCAD) |
| Asset Class | Forex Major Currency Pair |
| Base Currency | US Dollar (USD) |
| Quote Currency | Canadian Dollar (CAD) |
| Min. Price Increment | 0.0001 (1 pip) |
| Trading Hours | 24 hours, Monday–Friday |
| Most Active Trading Period | London–New York overlap (approx. 12:00–16:00 UTC) |
| Key Market Drivers | the Federal Reserve (Fed), the Bank of Canada (BoC), interest-rate differentials and global risk sentiment |
Forward Points
D6Z26 (Dec '26)
Dec 2026
-43.30 pips
D6H27 (Mar '27)
Mar 2027
-110.34 pips
D6M27 (Jun '27)
Jun 2027
-166.88 pips
D6U27 (Sep '27)
Sep 2027
-222.97 pips
Marginal Data USD/CAD
Margin
$800
2026-10-08
Point Cost
$10.00
per 1 pp
Points
80 pp
margin / cost
Economic Calendar (High Impact Events) USDCAD
Current Week (05.10–11.10)
| Time | Event | Cur. | Actual | Forecast | Prev. | Eff. |
|---|---|---|---|---|---|---|
| 05.10 16:45 | S&P Global Services PMI | USD | 58.0 | 56.5 | — | |
| 05.10 17:00 | ISM Non-Manufacturing PMI | USD | 54.9 | 54.7 | 55.4 | ▲ |
| 07.10 17:30 | EIA Crude Oil Stocks Change | USD | -3.186 M | 1.070 M | 0.922 M | ▲ |
| 07.10 20:00 | 10-Year Note Auction | USD | 4.834% | — | ||
| 08.10 15:30 | Initial Jobless Claims | USD | 197 K | 190 K | 199 K | — |
| 08.10 20:00 | 30-Year Bond Auction | USD | 5.308% | — |
Latest Analysis Threads USDCAD
- USDCAD Analysis for October 6, 202606.10.2026
- USDCAD Analysis for May 12, 202612.05.2026
FAQ USD/CAD
What is USD/CAD?
USD/CAD, also written as USDCAD, is the exchange rate between the US Dollar and the Canadian Dollar — how many units of the Canadian Dollar are needed to buy one US Dollar. It is one of the majors, so the US dollar is always one side of the quote.
Why does USD/CAD move?
The main long-term driver is the difference between the monetary policies of the Federal Reserve (Fed) and the Bank of Canada (BoC). In the short term the pair reacts to inflation, employment and GDP releases, commodity prices and global risk sentiment.
Why is the interest-rate differential important?
When one central bank keeps rates higher than the other, assets in that currency usually look more attractive and capital tends to move towards it. A widening differential typically supports the higher-yielding currency, while a narrowing one works against it.
When is the most active trading period?
Liquidity in USD/CAD is highest during the London–New York overlap, roughly 12:00–16:00 UTC, when spreads are usually tighter. Outside that window the pair is usually quieter.
What data is published on this page?
The page collects USDCAD analysis, key support and resistance levels, economic-calendar events and futures margin data, and it is refreshed regularly.