AUDCAD (Australian Dollar vs Canadian Dollar). Exchange rate and online charts.
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18 Mar 2025 13:06
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The AUD/CAD currency pair is very sensitive to changes in the U.S. dollar exchange rate.
The Australian dollar is the sixth most traded currency in the world. It accounts for 5% of the global forex trades. A high interest rate in Australia, the forex market being relatively free of government interventions, and the stable Australian economy as well as political system as a whole – all of these trigger great interest of currency investors in the Aussie.
Australia is an exporter of natural resources, agricultural products, and energy. That is why its economy extremely depends on natural resources. The Canadian dollar is the major commodity currency around the globe, which is always affected by crude oil prices, ferrous and non-ferrous metallurgy, and coal industry.
However, the main factor is oil, which is quite positive, as crude oil prices are easier to predict.
Since both the Australian and Canadian economies are export-oriented, the AUD/CAD exchange rate is linked to the units of the U.K., EU, and Japan. Such forex trading tools as EUR/USD, GBP/USD, and USD/JPY may be used as trading indicators.
The Australian dollar is directly correlated with gold, and the Canadian unit, in turn, is closely correlated with crude oil. Consequently, the dynamic of AUD/CAD is strongly influenced by gold and oil prices.
See Also
- Technical analysis
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- Intraday Strategies for Beginner Traders on March 18
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- Fundamental analysis
No Major Surprises Expected from the Fed Meeting (Anticipating a Sharp Drop in EUR/USD and Continued Cautious Gold Price Growth)
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09:48 2025-03-18 UTC+2
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Trading planHow to Trade the GBP/USD Pair on March 18? Simple Tips and Trade Analysis for Beginners
On Monday, the GBP/USD pair also attempted to resume its upward movement and even broke through the latest local highAuthor: Paolo Greco
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688
Trading planHow to Trade the EUR/USD Pair on March 18? Simple Tips and Trade Analysis for Beginners
On Monday, the EUR/USD currency pair resumed its upward movement but remained within a sideways channel between the levels of 1.0804 and 1.0952Author: Paolo Greco
07:08 2025-03-18 UTC+2
673
- Technical analysis
Technical Analysis of Intraday Price Movement of Gold Commodity Instrument, Tuesday March 18, 2025.
In the 4-hour chart of the Gold commodity instrument, Convergence is visible, whichAuthor: Arief Makmur
09:17 2025-03-18 UTC+2
733
- Type of analysis
EUR/USD: Simple Trading Tips for Beginner Traders on March 18. Review of Yesterday's Forex Trades
EUR/USD: Simple Trading Tips for Beginner Traders on March 18. Review of Yesterday's Forex TradesAuthor: Jakub Novak
09:00 2025-03-18 UTC+2
718
- Intel rises after a report that the new CEO plans to reorganize manufacturing and artificial intelligence operations. February retail sales rise 0.2%. New York manufacturing activity fell in March. Hong Kong stocks and Kiwis rise amid a positive China outlook. Hang Seng hits a three-year high..
Author: Gleb Frank
06:16 2025-03-18 UTC+2
718
- Intraday Strategies for Beginner Traders on March 18
Author: Miroslaw Bawulski
07:52 2025-03-18 UTC+2
718
- Type of analysis
USD/JPY: Simple Trading Tips for Beginner Traders on March 18. Review of Yesterday's Forex Trades
USD/JPY: Simple Trading Tips for Beginner Traders on March 18. Review of Yesterday's Forex TradesAuthor: Jakub Novak
09:00 2025-03-18 UTC+2
703
- Fundamental analysis
What to Pay Attention to on March 18? A Breakdown of Fundamental Events for Beginners
A large number of macroeconomic events are scheduled for Tuesday, but none of them are significantAuthor: Paolo Greco
07:08 2025-03-18 UTC+2
703
- Fundamental analysis
No Major Surprises Expected from the Fed Meeting (Anticipating a Sharp Drop in EUR/USD and Continued Cautious Gold Price Growth)
Markets are experiencing turmoil due to the risk of a U.S. economic recession. Although Treasury Secretary Bessent attempts to reassure investors by calling the market "correction" a healthy processAuthor: Pati Gani
09:48 2025-03-18 UTC+2
703
- Trading plan
How to Trade the GBP/USD Pair on March 18? Simple Tips and Trade Analysis for Beginners
On Monday, the GBP/USD pair also attempted to resume its upward movement and even broke through the latest local highAuthor: Paolo Greco
07:08 2025-03-18 UTC+2
688
- Trading plan
How to Trade the EUR/USD Pair on March 18? Simple Tips and Trade Analysis for Beginners
On Monday, the EUR/USD currency pair resumed its upward movement but remained within a sideways channel between the levels of 1.0804 and 1.0952Author: Paolo Greco
07:08 2025-03-18 UTC+2
673