The Canadian Dollar (CAD) is a major currency and is used by investors in the financial markets. It is an important part of global currency markets and is used in trading and investing activities. Investors can use the CAD to buy and sell foreign currencies, commodities, stocks and other financial instruments. The strength of the CAD can be used to determine the relative strength of other currencies, and as a benchmark for making investment decisions. The CAD is also used by central banks to influence the relative value of the currency and manage its exchange rate. Ultimately, the CAD is an important part of global financial markets, providing investors with a way to diversify their portfolios and protect against fluctuations in the market.