USDCAD - US Dollar / Canadian Dollar
Trading Conditions
* Only if Margin Level > 100%
** Abnormal market conditions refer to Section 10.6 in Order Execution Policy of FxPro Financial Services Ltd, in point 10.7 in Order Execution Policy of FxPro UK Limited and in point 10.6 in Order Execution Policy of FxPro Global Markets Ltd.
The average spreads provided for each platform are updated on a daily basis to reflect the average for the previous day. Though FxPro attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
Fixed spreads shall only apply for ‘Instant Orders;’ all other order types shall be subject to the Order Execution Policy.
The above spreads are applicable under normal trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.
The USD/CAD currency combination is one of the most popular forex pairs in the world, often refereed as “The Loonie” thanks to the image on the Canadian one-dollar coin. It is heavily influenced by cross-border trading activity between these two great neighbouring nations.
The value of USD/CAD is markedly affected by movement within the commodities markets due to the prevalence of natural resources mined and exported from Canada to the USA. Thanks to the abundance of available information about USA and Canada and the relatively low risk associated with it, the pair is well suited to everyone from the novice trader to the experienced investor.
The main activity on this pair starts daily with the beginning of the American trading session. Trade is conducted in the two most common ways: by trend or by support/resistance levels.
One lot in this currency pair is $100000, and one point is equal to 10 US dollars.
If you are interested in trading the USD/CAD currency pair, contact FxPro today.