AUDCAD Open an Account FCA regulated in the UK



Pairing – The amount of Canadian dollars (CAD) that one can buy for every Australian dollar (AUS).


AUD – World’s fifth most traded currency

CAD - World’s sixth most traded currency

Important Factors

  • Daily news – Due to the size of both Canada and Australia, markets will react strongly to news of the economic situation of each country on a daily basis.
  • Macroeconomic developments – Macroeconomic developments in both countries can have global repercussions, resulting in investor fears.
  • Economic policy -  As both AUD and CAD are large currencies in terms of the Forex market, economic policy in both countries and relative strength amongst international markets can have a severe effect on the pairing
  • Commodities – Canada produces various global commodities in abundance, including timber, and a strong presence in the oil and natural gas markets. Australia on the other hand, has natural resources in abundance, including gold, iron, aluminium, and coal, as well as agricultural exports including beef, wool, and wheat. As a result, activities in these sectors can have a direct bearing on the two economies. Gold is probably the most important commodity when it comes to having an effect on this currency pairing.
  • Imports – Alongside its large export market, Australia also relies heavily on imports due to its geographical location meaning domestic production of certain essential products is impossible. This can lead to trading deficits that can cause negative movement for the AUD in Forex markets.

-0.00191 (-0.20%)

High: 0.94906
Low: 0.94836

Product Details

Trading Hours: 24 Hours

Minimum Size: 1,000 Notional or 0.01 Lot

Related News & Analysis



Trade on the trusted and award winning platform, MetaTrader 4. With its user friendly interface and expert charting tools, MT4 allows for a simple, easy and reliable trading experience.

Find Out More

Why is PhillipCapital UK the right choice for you?

Request More Information