AUD
CAD
What AUD/CAD is
AUD/CAD shows the price of the Australian dollar (AUD, the "aussie") in Canadian dollars (CAD). AUD is the base currency, the one you buy or sell. CAD is the quote currency, the one the price is expressed in.
Neither currency is the US dollar, so AUD/CAD is a cross (a minor pair). See Majors, minors, exotics for how pairs are grouped.
How to read the quote
- If AUD/CAD rises, the aussie is getting stronger against the Canadian dollar.
- If it falls, the Canadian dollar is getting stronger against the aussie.
- The bid is the price you sell at and the ask is the price you buy at. The gap between them is the spread, your cost of entry.
Pip size and pip value
A pip is the standard minimum unit of price movement used to measure changes in a pair. AUD/CAD uses the normal pip size for non-yen pairs. Platforms also show a smaller fractional digit, often called a "point". Check the digits and contract size in the symbol specification in your platform.
Because CAD is the quote currency, the value of a pip is fixed in Canadian dollars for a given lot size. If your account is in USD or another currency, the pip value in your account currency changes as the CAD exchange rate moves. The calculator below converts it for any lot size.
Fill in the empty fields to see the result.
What tends to move AUD/CAD
Both currencies are linked to commodities. The pair often reflects the gap between metals and China demand on the Australian side and crude oil on the Canadian side.
Australian dollar drivers
- RBA policy: Reserve Bank of Australia rate decisions, statements and meeting minutes.
- China demand: China is a large buyer of Australian exports, so Chinese activity data and policy news can move the aussie.
- Iron ore and metals: iron ore, copper and other metal prices affect Australia's export income.
- Global risk appetite: the aussie often weakens when markets turn cautious and firms when risk appetite improves.
Canadian dollar drivers
- BoC policy: Bank of Canada rate decisions and guidance.
- Crude oil prices: oil is a major Canadian export, so oil moves often feed into CAD.
- US–Canada trade: tariffs, trade talks and US demand matter because the US is Canada's main trading partner.
- Canadian jobs data: monthly employment reports can cause sharp moves.
Using the drivers in AUD/CAD analysis
Your AUD/CAD analysis covers both sides. If metals and oil move in the same direction, their effects can partly cancel out. If they diverge, the pair can move more. Rate expectations at the RBA and BoC are usually the main longer-term factor. Comparing with AUD/USD and USD/CAD shows which currency is driving a move. See also Pair correlations and Fundamental analysis.
Liquidity by session and spread behaviour
- Asian session (Sydney and Tokyo): Australian data comes out in these hours. Activity is moderate, and the aussie side is the more active.
- London session: liquidity rises across all pairs, including crosses.
- New York session: Canadian data and oil trading happen here. The overlap with London is usually the most liquid part of the day.
- Late US hours and the daily rollover: liquidity is thin and spreads often widen.
As a cross, AUD/CAD usually has a wider spread than majors like EUR/USD. Spreads can also widen around RBA and BoC decisions, Canadian jobs data and weekend opens.
Exness applies higher margin requirements (HMR) to forex during high-impact news, at 1:200 (0.5%). This covers orders opened from 15 minutes before to 90 seconds after high-impact news.
AUD/CAD at Exness: what the sourced facts cover
These are account-level conditions taken from Exness pages. They are not AUD/CAD-specific values. Conditions can change, so check the current AUD/CAD specification in the platform or in the Exness personal area before trading.
| Item | What Exness states |
|---|---|
| Minimum lot | 0.01 lot |
| Maximum lot (forex) | 200 lots (7:00–20:59 GMT+0), 60 lots (21:00–6:59 GMT+0) |
| Spread, Standard account | From 0.2 pips |
| Spread, Pro account | From 0.1 pips |
| Spread, Raw Spread account | From 0 pips, commission up to 3.50 USD each side per lot |
| Margin call and stop out | Standard Cent: margin call 60%, stop out 0%; Standard: margin call 60%, stop out 0%; Pro: margin call 30%, stop out 0%; Raw Spread: margin call 30%, stop out 0%; Zero: margin call 30%, stop out 0% |
| Unlimited leverage eligible instruments | Forex majors and minors, DXY, USDCNH, HKDJPY, USDHKD, USDTHB; all commodities except XAUUSD247; BTCUSD, BTCUSDT, ETHUSD, ETHBTC |
| Swap-free by region | Clients registered from listed countries, which include Pakistan, get swap-free status automatically |
"From" spreads are minimums, not typical values. The actual AUD/CAD spread, swap and margin rate are shown in the symbol specification. For swaps, see Swap fees and Islamic finance. To compare accounts, see Account types.
Check the margin a position needs at your chosen leverage:
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Risk and the Pakistani legal position
Leveraged forex and CFD trading can lose money fast. High leverage makes a small price move a large change in your equity. Exness states that after a stop out that would leave a negative balance, the balance reset to 0 after stop out. That protection does not stop you losing your deposit.
On residents' purchases, per the SBP, the purchase of offshore forex/margin/CFD products by Pakistani residents violates section 4(1) of FERA 1947. Also, per the SECP, offshore platforms have no Pakistani licence or oversight and offer no legal protection or recourse. Read Law and regulators and Risk management before you decide anything.
Frequent questions
Is AUD/CAD a major pair?
No. It is a cross (minor) pair because it does not include the US dollar.
Why is the pip value in CAD?
CAD is the quote currency, so price changes are measured in Canadian dollars. Use the pip calculator above to convert this into your account currency.
When is AUD/CAD most active?
Usually during the London and New York sessions. Australian data releases in Asian hours can also cause moves.
Does oil affect AUD/CAD?
Often, through the Canadian dollar. Metal prices and China news affect the aussie side.
What is the AUD/CAD spread at Exness?
Exness publishes account-level "from" spreads, not a fixed AUD/CAD value. Check the live spread and the specification in your platform.
Where can I find other related pairs?
See AUD/JPY, CAD/JPY, AUD/NZD and Currency pairs.
