The Canadian Dollar is a major currency used in international financial markets and investments. It is the official currency of Canada and is also accepted as a medium of exchange in many other countries. Its value and liquidity make it an attractive option for investors, as it is highly liquid and can be used to purchase assets or commodities. It is also favoured by many traders due to its stability and low inflation. The Canadian Dollar is also an important indicator for other currencies, as its movements can give insights into international capital flows and the global economy.