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Home›Forex›Major Pairs›Canadian Dollar holds ground as oil prices surge

Canadian Dollar holds ground as oil prices surge

Reported · Written up by our desk · Major Pairs

USD/CAD moves little after four days of losses, trading around 1.4060 during Asian hours on Wednesday. The currency pair maintains its stance as the US Dollar (USD) stays firm amid rising oil prices that have heightened inflation concerns and driven safe-haven demand.

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Sources

FXStreetCanadian Dollar holds ground as oil prices surge

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