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Thread: Here Is The Trade For The USD/CAD Currency Pair

  1. #31
    Member 00923027642346 has a spectacular aura about 00923027642346 has a spectacular aura about 00923027642346's Avatar
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    The value of the USD/CAD pair is quoted as 1 U.S. dollar per X Canadian dollars. For example, if the pair is trading at 1.50 it means that it takes 1.5 Canadian dollars to buy 1 U.S. dollar.

    The USD/CAD is affected by factors that influence the value of the U.S. dollar and/or the Canadian dollar in relation to each other and other currencies. For this reason, the interest rate differential between the Federal Reserve (Fed) and the Bank of Canada (BoC), will affect the value of these currencies when compared to each other. When the Fed intervenes in open market activities to make the U.S. dollar stronger, for example, the value of the USD/CAD cross will increase because it will take more Canadian dollars to

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  3. #32
    Junior Member ntn has a spectacular aura about ntn has a spectacular aura about ntn's Avatar
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    dear friend in forex trading i also saying success always basis on our hardworking,i come to my point so USD CAD both are very useful for trading online in forex trading in the indiain forex forum you are totally free to allow to trade in any currency,its decsion is yours and you are his own boss for taking a good decision,so at the end said that forex is a very good platform for online earning users to get a huge profit for his personal use.

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    The value of the USD/CAD pair is quoted as 1 U.S. dollar per X Canadian dollars. For example, if the pair is trading at 1.50 it means that it takes 1.5 Canadian dollars to buy 1 U.S. dollar.

    The USD/CAD is affected by factors that influence the value of the U.S. dollar and/or the Canadian dollar in relation to each other and other currencies. For this reason, the interest rate differential between the Federal Reserve (Fed) and the Bank of Canada (BoC), will affect the value of these currencies when compared to each other. When the Fed intervenes in open market activities to make the U.S. dollar stronger, for example, the value of the USD/CAD cross will increase because it will take more Canadian dollars to purchase the stronger U.S dollar.

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    arshadlaskani (07-14-2018)

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