CAD (Canadian Dollar)

Predictions and analysis

CAD (Canadian Dollar)

Also known as “The Loonie” because of the loon bird that appears on the $1 Canadian coin, the Canadian dollar is the 7th most traded currency in the world. Considered to be a benchmark currency many banks across the globe keep Canadian dollars as a reserve currency. It is often represented with dollar the dollar sign, C$, to distinguish it from other currencies denominated in dollars.
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