USDCAD price
How USDCAD moves through the day
Average USDCAD range in each session as a share of its price, measured on every trading day since 2012.
Average range by session
Busiest hours (UTC)
USDCAD moves most from 13:00 to 16:00 UTC. The quietest hour starts at 04:00 UTC.
Size a USDCAD trade
One standard lot of USDCAD is 100,000 units on most brokers. Check your broker's contract size before you trade.
See your own USDCAD trades on this chart
Connect your broker once. Every USDCAD entry and exit lands on the chart, your journal and rules sit beside it, and Edge learns from your trades to show you the one thing to fix next. Then practice it on USDCAD in the backtester before you trade it live.
USDCAD questions
USDCAD is the price of one USD in CAD. USD is the base currency and CAD is the quote currency, so the price tells you how many Canadian dollars one USD costs.
Each broker quotes its own bid and ask from its own liquidity providers, so prices can differ a little from broker to broker. The prices here are indicative bid quotes. Spreads also widen around big news and when the market opens.
USDCAD trades 24 hours a day, five days a week, from 17:00 New York time on Sunday to 17:00 New York time on Friday. It is busiest when London and New York are both open, roughly 12:00 to 16:00 UTC.
On most brokers one standard lot of USDCAD is 100,000 USD, so a one pip move (0.0001) is worth C$10.00 a lot, and 0.01 lots moves C$0.10 a pip. Check your broker's contract size before you trade.
Mostly what traders expect the Federal Reserve and the Bank of Canada to do with interest rates, inflation and jobs data from both economies, and how much risk markets want to take.