USD/CAD is the currency pair that represents the US Dollar and Canadian Dollar. The USD/CAD exchange rate is one of the most popular currencies to trade, with a lot of traders using these two currencies as their base currency. Both currencies are traded in pairs against each other so you can easily compare them against each other.


Why use USD/CAD? The main reason why people like to trade USD/CAD is because they have low volatility compared to other more popular trading pairs such as EUR/GBP or AUD/NZD. This makes it easier for traders who want to make money by making small profits over time rather than trying to get big wins on a single trade. You will also notice that this pair has very little slippage when compared with other pairs such as GBP/JPY or NZD/CHF which means that you should be able to make some good trades without having your margin call called on you too quickly if things go wrong!
Trading this pair is a very simple process. You simply have to buy or sell when the price moves in your favor. The only thing you need to do is make sure that you don’t trade against the trend and always follow it. If you are new to trading, then I suggest that you start with small amounts of money and work your way up slowly until you are comfortable with trading. Once this happens, then you can start making bigger profits by increasing your positions size gradually over time.