AUDCADAustralian Dollar / Canadian Dollar — Live Price & Chart

AUDCAD measures how many units of CAD one unit of AUD buys — in other words, the exchange rate of the Australian dollar, a 'commodity currency' closely tied to iron ore prices, Chinese demand, and global growth expectations against the Canadian dollar, a 'commodity currency' that tracks crude oil prices and Bank of Canada policy.

A commodity-currency matchup: iron ore and Chinese demand on the Aussie side versus crude oil on the Canadian side. Relative commodity trends create smooth medium-term moves with lower volatility than yen crosses.

Australian Dollar / Canadian Dollar is a currency pair combining the Australian dollar, a 'commodity currency' closely tied to iron ore prices, Chinese demand, and global growth expectations with the Canadian dollar, a 'commodity currency' that tracks crude oil prices and Bank of Canada policy. Forex trades 24 hours a day from the Monday Sydney open to the Friday New York close, with the deepest liquidity during the London–New York overlap. Its moderate daily range suits both day traders and position traders. The pair is followed by retail day traders, bank desks and macro funds alike.