THE BEST TRADING STRATEGY | FXROBO2.1
WHAT AND HOW MAY AFFECT THE PRICE OF (USD/CAD)
FACTORS, ORGANIZATIONS, PEOPLE AND ECONOMIC DATA THAT INFLUENCE THE PRICE OF THE USD / CAD.
USD/CAD LIVE ANALISIS CHART
Check out the USD-CAD live chart and improve your technical analysis
considerably with the New Zealand dollar news and forecast.
USD/CAD STOCK SCREENER
live stock screener analyzes and filters all currencies,
configuring and customizing for each need and your trading strategy FOR BINARY O FOREX.
HEAT MAP FOR USD/CAD
USD / CAD Recommended Trading time
During the 8:00 am and 5:00 pm period the trading volumes are at their peak and you have the best chance of making a profit.
WHY TRADERS PREFER TO TRADE IN USD-CAD
The USD-CAD has easy access to daily information and it is easy to do an analysis, it is a very interesting pair for traders, since it has a coordination in its trading sections. In addition, this pair has a strong connection with the oil sector, which makes it one of the most important currencies for traders, since it may have gold opportunities that other pairs may not present.
HISTORY OF THE CURRENCY PAIR USD / CAD
The US dollar does not need to be presented, it is the most recognized currency and is in a group of major currencies.
Its history begins in the years 1792, when the United States Congress created the dollar as the country's currency. At present, many other countries operate the dollar as the legal currency and is still considered an unofficial reserve currency of the world.
Instead Canada in the 1850s, took a big step out of the colonial pound and switched to the Canadian dollar.
Since 1970 it has been a free currency controlled by the Bank of Canada.
Previously it used to be connected to the dollar until 1970.
Government of Canada:
Finance Department commissioned by Justin Trudeau) is responsible for implementing policies that affect the country's economy.
Portagin oil is an important role, but not least gold and natural gas should also be taken into account by traders who trade the USD / CAD pair.
(BOC) Bank of Canada:
"Stephen Poloz" is the president of the Canadian central bank who issues statements and decides Canadian interest rates.
The United States government
Events such as statements about the administration by the president in charge, new political regulations or laws, can lead to the rise or fall of the price of the US dollar and the currencies that are traded with the in this precious case the (CAD) Canadian dollar .
USD / CAD is one of three currencies called "commodity pairs", along with AUD / USD and NZD / USD.
These currency pairs have a high connection to fluctuations in commodities, especially oil.
JPY-EUR This group also includes the following pairs: EUR / USD, GBP / USD, USD / JPY, AUD / USD, USD / CHF, NZD / USD, GBP / JPY and EUR / JPY
It means "Canadian Association of Petroleum Producers" must bear in mind that Canada is one of the important producers of oil and natural gas, we must always have a view to the commercial organization of that industry is very important.
Two of the indicators that measure inflation and changes in buying trends.
(CPI) "Consumer Price Index",
(PPI) "Production Price Index".
These economic values are important for the USD-CAD pair.