CAD Gains On Rising Oil Prices

Oil price rise supports Canadian Dollar The Canadian Dollar is gaining traction due to rising oil prices. A rise in crude oil prices provides support to the commodity-linked Canadian Dollar against the US Dollar. The USD/CAD pair attracted sellers to near 1.

Oil price rise supports Canadian Dollar

The Canadian Dollar is gaining traction due to rising oil prices.

A rise in crude oil prices provides support to the commodity-linked Canadian Dollar against the US Dollar.

The USD/CAD pair attracted sellers to near 1.4060 during early European trading hours on Thursday.

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