USD Gains Against CAD

USD/CAD pair edges higher on Fed rate hike prospects The USD/CAD pair has snapped a three-day losing streak, trading above the 1.4000 mark. This uptick is driven by prospects of a US Federal Reserve interest rate hike. The US Dollar regains traction amid mo

USD/CAD pair edges higher on Fed rate hike prospects

The USD/CAD pair has snapped a three-day losing streak, trading above the 1.4000 mark.

This uptick is driven by prospects of a US Federal Reserve interest rate hike.

The US Dollar regains traction amid moderating economic growth and cooling inflation, as well as escalating US-Iran tensions.

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