USDCAD

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USDCAD – American dollar against the Canadian dollar is a very popular currency pair due to the extremely large amount of cross border trading that occurs between the U.S. and Canada.

The CAD is considered to be a commodity currency because of the large amount of natural resources, especially oil, that are mined and exported to southern neighbors.

The USDCAD is one of the most traded currency pairs in the world.

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