Canadian Dollar Rises

CAD gains as oil prices rise The Canadian Dollar has gained ground due to rising oil prices. The USD/CAD pair has lost ground for the second consecutive day, trading around 1.4200 during the Asian hours on Friday. This depreciation is a result of the commodi

CAD gains as oil prices rise

The Canadian Dollar has gained ground due to rising oil prices.

The USD/CAD pair has lost ground for the second consecutive day, trading around 1.4200 during the Asian hours on Friday.

This depreciation is a result of the commodity-linked Canadian Dollar receiving support from higher oil prices.

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