U.S. DOLLAR/CANADIAN DOLLAR
USD/CAD (U.S. Dollar/Canadian Dollar) is the abbreviation for the currency of the United States of America which is the US dollars (USD) and its equivalent value in terms of the currency of Canada which is the Canadian dollar (CAD). This currency pair indicates the amount of Canadian dollars or the one referred to as the quote currency that is required to buy one US dollar, otherwise known as the base currency. In the trading world, the pairing of USD/CAD is also called as ‘Loonie’.
POPULAR TERMS
Anglo-Saxon Capitalism
A type of capitalism which is often related with the United States and the United Kingdom, but also defines the economies of countries such as Irel ...
Investment Philosophy
The overall set of guiding principles or strategies that educate and shape an investor’s decision-making process. Value investing, fundamenta ...
Master Fund
A professionally managed investment vehicle that enables investors to put their money in one or more underlying investments through one main fund, ...
Cash Flow from Financing Activities
Section in a firm’s cash flow statement accounting external activities, which enables a company to generate capital and repay investors inclu ...
Open Mouth Operations
The Federal Reserve conducts this kind operation when they are interested in buying or selling U.S Treasury Funds to influence interest rates, mone ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Defining Inflation
Inflation is the sustained increase in the overall level of products and services in an economy over a particular time period. Expressed as percent ...
A Guide to Your Personal Income Tax: Papers
Documentation is the most significant part of taxation. If you do not properly account your income and expenses, chances are you will likely miss o ...
Buying a Home: Everybody’s Goal
Since childhood, Selena has always dreamed of owning a large farm house surrounded with lots of animals – every kind of animal the world has ...
Renovate or Move?
You have a well-furnished home with a garden full of flowers and plants. Imagine sharing your beautiful abode, which has four bedrooms, a kitchen, ...
Can You Afford the Renovation Cost?
Do you want to know if your current home can withstand any renovation? Consult the following professionals first for guidance.
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 11:00 | New Yuan Loans | Mar | |
| 14:30 | Building Permits | Feb | |
| 16:00 | Existing Home Sales | Mar | |
| 00:45 | Visitor Arrivals | Feb | |
| 01:01 | BRC Retail Sales Monitor | Mar | |
| 02:30 | Westpac Consumer Sentiment | Apr | |
| 03:30 | NAB Business Confidence | Mar | |
| 04:56 | Trade Balance | Mar | |
| 06:30 | Industrial Production | Feb |


