This site is dedicated to the usd to cad rate and covers all the factors which can affect the Canadian Dollar, and the usd to cad conversion rate. The Canadian Dollar is perhaps one of the most interesting currencies both to analyse and also to forecast due principally to the underlying Canadian economy which relies heavily on the vast natural resources of the Northern Territories, primarily oil but also includes gold and diamonds.
As such forecasting the usd to cad exchange rate can be particularly difficult over the longer term because it is largely dependent on so many variable factors and, in addition, is so closely linked to the supply/curve for crude oil . As a result the Canadian dollar is often referred as a “Comm Dollar” a shortened form of “commodity dollar” given its correlation and relationship with the commodities market.
In order to try and forecast the market direction for the usd to cad rate not only do we need to consider the fundamental and technical aspects of the pair but we also need to study the dynamics of the commodity markets and the broader macro economic picture. As a full time forex and commodity trader myself I write regular commentaries and forecasts for both the forex and commodity markets, and in particular trade both the usd to cad as well as oil, gold and silver. You can find details of my latest commentaries by simply following the links: forex signals usd to cad, oil price analysis & gold trading analysis.
In addition as you will see I have included several articles on the site which I hope give you a broader understanding of the various factors affecting the usd to cad exchange rate, both in the short term and over a longer time scale. For those of you looking for the latest usd to cad conversion rate I have included a currency converter usd to cad, which will provide you with the latest usd to cad rate.
USD CAD Exchange Rate News
CA: 0.9813 USD = 1 CAD 2012-05-17 Bank of Canada closing rate
1 Canadian Dollar = 0.9813 USD (USD = U.S. dollar (close)). These are the Bank of Canada's nominal closing exchange rates, published at about 4:15 ET each business day. Th...
Demystifying liquidity and valuation of ETFs, Part 1 of 3
Toronto Stock Exchange now lists over 250 Exchange Traded Funds (ETFs) and has shown great momentum since cresting 200 funds less than a year ago, on June 1, 2011. This gr...
CDCC Derivative and Fixed Income Central Counterparty Facility Receives Bank ...
TMX Group Inc. welcomes the news that the Governor of the Bank of Canada today announced that the Canadian Derivatives Clearing Service, which was designed, developed and o...
2012 Canadian Financing Series Launches Today
Toronto Stock Exchange and TSX Venture Exchange today launched their 2012 Canadian Financing Series, “A Growth Platform for Canadian Entrepreneurs”, in Ottawa.
The series o...
TMX Group Supportive of OSC Emerging Markets Issuer Review
Parallel consultations conducted by TMX Group will lead to enhancement of guidelines for emerging markets issuers
TMX Group today announced that it is supportive of the Ont...
Two New Financial Education Initiatives
On February 28, 2012, the Montréal Exchange (MX) launched two financial education initiatives on derivatives: the Options Trading Simulation and the Canadian Derivatives Ex...
Fixed income central counterparty services: Canadian repos now being cleared ...
Yesterday, Canadian Derivatives Clearing Corporation (CDCC) launched its fixed income central counterparty services and is now clearing repurchase (repo) agreements. The l...
Announcing the 2012 TSX Venture 50!
The 2012 TSX Venture 50 is a ranking of strong performers on TSX Venture Exchange. The list is comprised of ten companies from each of the following five sectors: Mining, O...
Honouring excellence and leadership in investor relations
Our team was thrilled to be in attendance last night at the 15th annual IR Magazine Canada Awards honouring excellence and leadership in investor relations (IR).
IR is a cr...
“The ETF evolution”
In an effort to demystify Exchange Traded Funds (ETFs) for investors, TSX supported a series on ETF education produced by the editors of MoneySense magazine.
Last year, we ...