Stay on top of the latest forex market research and breaking financial news with FOREX.com global research team. USDCAD, WTI. BOC rate hike looms but how will CAD react? Fawad Razaqzada October 24, 2018 12:30 PM The Bank of Canada is due to increase interest rates to 1.75% at the conclusion of its meeting today. USDCAD. In this section, you will find important USDCAD news, actionable trading ideas, and a live USDCAD chart to help you understand how the Canadian Dollar trades. USDCAD also is known as Loonie amongst Forex traders, is the ticker symbol in FX markets that represents how many Canadian dollars you can buy with one US dollar. Get your FREE US Dollar to Canadian Dollar (USD/CAD) live streaming and up-to-date data, quotes & prices, charts, rates, analysis & forecasts. Enter Now!