The USD/CAD pair tells the trader how many Canadian dollars (the quote currency) are needed to purchase one U.S. dollar (the base currency). This currency pair is also known as the "Loonie", a ...

On the technical side, USD/CAD has been consolidating recently, with key support levels at 1.3822 and 1.3747. A break below 1.3822 is required to extend downside momentum. "A clean closing break ...