USD/CAD Rate — US Dollar to Canadian Dollar Exchange Rate, Chart & Dynamics

US Dollar to Canadian Dollar Exchange Rate, USD/CAD (US Dollar / Canadian Dollar)

USD/CAD is a widely traded currency pair that tracks the value of the US dollar against the Canadian dollar. The USD/CAD rate is influenced by economic data, central bank decisions, and commodity prices—especially oil, which plays a significant role in the Canadian economy. This pair is used by traders and investors to assess the economic ties between the US and Canada and to monitor market dynamics. Here you’ll find the current US dollar to Canadian dollar rate, a live chart, and the historical price dynamics of the USD/CAD pair.

Key Drivers of the USD/CAD Exchange Rate

The USD/CAD rate is shaped by macroeconomic releases such as GDP growth, employment figures, and inflation data from both countries. Oil price fluctuations often have a direct impact on the Canadian dollar due to Canada’s position as a major oil exporter.

Monetary policy decisions from the Bank of Canada and the US Federal Reserve, as well as trade agreements and cross-border investment flows, can also influence the USD/CAD rate. Global economic trends, political events, and shifts in investor sentiment add further volatility to the currency pair.

The USD/CAD live chart provides real-time exchange rate updates, enabling traders and investors to analyze trends and make informed decisions. Access the latest USD/CAD rate, historical charts, and trading volume data for comprehensive market insight.