USD/CAD

Trading specs, live price, historical rates, and upcoming economic events for USD/CAD.

●USD/CAD data refreshes every 5 min

major · USD/CAD

1.3853-0.09%

Spread: 1.5 pips · 24h range: 0.0046

Trading Specs

Contract Size
100,000
Tick Size
0.00001
Pip Value (1 lot)
$10.00
Margin Rate
3.33%
Min Lot
0.01

Market Profile

24h High
1.3888
24h Low
1.3842
Volume 24h
1,599,728.362
Best Sessions
New York

About USD/CAD

USD/CAD, the Loonie, is unique among major pairs for its strong negative correlation with crude oil prices (WTI) - when oil rises, CAD strengthens and USD/CAD falls. Canada is a major oil exporter, and crude accounts for roughly 10% of the country's exports. The Bank of Canada (BoC) interest rate decisions and Canadian employment data (released simultaneously with US NFP) are the key domestic catalysts. The pair is most active during the New York session and often trends strongly. Daily ranges average 50-100 pips with spreads around 0.5-1.2 pips. Traders should note that USD/CAD often respects long-term trend channels and can trend for weeks without major reversals. US-Canada trade relations and cross-border energy policies also affect the pair.

Historical Rates - Last 7 Days

DateCloseChange
2026-08-221.3607-0.22%
2026-08-231.3694+0.64%
2026-08-241.3819+0.91%
2026-08-251.3811-0.05%
2026-08-261.3868+0.41%
2026-08-271.3846-0.16%
2026-08-281.3856+0.07%

See full price history on the historical rate lookup tool.

Upcoming Economic Events

  • Aug 28
    CADGDP Growth Rate Annualized
    Med
  • Aug 28
    CADGDP Growth Rate QoQ
    Med
  • Aug 28
    CADGDP MoM Prel
    Med
  • Aug 28
    CADGDP MoM
    Med
  • Aug 28
    USDChicago PMI
    Med
  • Aug 28
    USDFed Chair Warsh Speech
    Med
  • Aug 28
    USDNon Farm Payrolls Annual Revision Prel
    Med
  • Aug 28
    USDMichigan Consumer Sentiment Final
    Med

See all events on the economic calendar.

Frequently Asked Questions

What is the pip value for USD/CAD?

One standard lot (100,000 units) on USD/CAD has a pip value of approximately $10.00. The minimum price increment (tick) is 0.00001. A pip is typically the fourth decimal place for this pair, meaning 1 pip = 0.0001 for most pairs.

What time is USD/CAD most active?

USD/CAD sees its highest trading volume during the New York session. As a major pair, it maintains good liquidity throughout all sessions, but activity peaks when both base and quote currency markets are open simultaneously.

What economic events affect USD/CAD most?

The most impactful events for USD/CAD come from the USD and CAD economies. US releases — non-farm payrolls, CPI, FOMC rate decisions, and GDP — are among the most market-moving events globally. A surprise in any of these can shift the pair 50–100 pips within minutes. Canadian employment data and Bank of Canada rate decisions are the domestic catalysts. Crude oil inventory reports (EIA weekly) often move CAD pairs because of Canada's large energy export sector. The upcoming events section above lists the specific releases scheduled in the next two weeks.

USD pairs

CAD pairs