USD/CAD declines to 1.4100 on higher oil prices
The Canadian Dollar is receiving support from higher oil prices, causing the USD/CAD pair to decline.
The pair had previously gained for two days, but is now trading around 1.4100 during the early European hours on Wednesday.
The commodity-linked Canadian Dollar is benefiting from the increase in oil prices, leading to a loss of ground for the USD/CAD pair.