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At close · Thu, Oct 8, 2026
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Home›Forex›Major Pairs›Canadian Dollar hits fresh monthly highs amid high Oil…

Canadian Dollar hits fresh monthly highs amid high Oil prices and a softer US Dollar

The Canadian Dollar (CAD) extends gains for the fourth consecutive day on Tuesday as Oil prices rally to their highest level since May and the US Dollar (USD) struggles amid dwindling hopes of immediate Federal Reserve (Fed) rate hikes.

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