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The USD to CAD exchange rate is sometimes correlated with actions in stock prices. It's because stocks are likely to maneuver up in risk-friendly environments that also move up the Canadian dollar’s value.S. and Canada. The CAD is considered to generally be a commodity currency because of the substantial volume of normal resources, Specially
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The second currency of a currency pair is called the quote currency and is usually over the right. In EUR/USD for example, USD may be the quote currency and shows how much in the quote currency you’ll exchange for one unit in the base currency.thinkorswim® mobile Trade forex securely and conveniently at your fingertips with the thinkorswi