CAD Weakens Against USD

CAD softens on cooling inflation data The Canadian Dollar has weakened against the US Dollar due to softer domestic inflation data. The decline in crude oil prices has also contributed to the CAD's decline. The USD/CAD pair has gathered strength, nearing 1.

CAD softens on cooling inflation data

The Canadian Dollar has weakened against the US Dollar due to softer domestic inflation data.

The decline in crude oil prices has also contributed to the CAD’s decline.

The USD/CAD pair has gathered strength, nearing 1.3765 during the early European session on Thursday.

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