USD/CAD

About USD/CAD

USD (US dollar)
Currency unit of the United States of America, Salvador and Marshall Islands. The world’s main reserve currency.
Issued by: Federal Reserve System (Fed)
Price dynamics depend on the interest rates of Fed in addition to the inflation and growth rates of the USA.

CAD (Canadian dollar)
Currency unit of Canada. It belongs to a group of commodity currencies.
Issued by: Bank of Canada
Price dynamics mainly depend on the oil prices, interest rates of Bank of Canada, inflation and growth rates of Canadian economy.