Category forex

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.

EUR/USD Expiries Loom Amid Dollar Softness

EUR/USD expiries at 1.1400 and 1.1450 levels may influence price action The dollar is softer on the day, giving up some gains from yesterday. Higher Treasury yields will continue to underpin the greenback. US-Iran developments remain a key risk, potentially disrupti