In terms of volume, one of the most frequently traded currency pairings on the forex market is the United States dollar (USD) with the Canadian dollar (CAD). Considered to be a major pair, the USD/CAD is the most heavily traded currency pairing on the forex involving the Canadian dollar. Nicknamed the "Loonie," the policy makers that impact valuations of the USD/CAD are the U.S. Federal Reserve (Fed) and the Bank of Canada (BoC). Timely guidance decisions such as an interest rate adjustment or government debt purchase can rapidly prompt a bullish or bearish breakout in the USD/CAD. USD/CAD is technically classified as a commodity dollar or "comdoll. Energy commodities such as crude oil and natural gas exhibit a substantial correlation to exchange rate fluctuations facing USD/CAD.
When executing customers' trades, FXCM can be compensated in several ways, which include, but are not limited to: spreads, charging commissions at the open and close of a trade, and adding a mark-up to rollover, etc.
Leverage: Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange/CFDs with any level of leverage may not be suitable for all investors.
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