USD/CAD rises to fresh three-month highs despite softer US Dollar
US dollar continues to be major focus for traders worldwide, as the war drags on.
USD/CAD is on a roll, staying on course to register a seventh successive daily gain. Why is the loonie loosing despite oil price spike?
USD/CAD hits fresh YTD highs past 1.3930 despite a softer US Dollar
Recent sessions have been challenging for the Canadian dollar in the short term, as USD/CAD has extended a streak of six consecutive bullish sessions, with gains of around 1.5% in favor of the U.S. dollar. This move is beginning to establish a solid bullish bias in the short term.
USD/CAD extends six-day advance as geopolitical tensions bolster US Dollar
USD/CAD Price Forecast: Approaches three-month high of 1.3930 amid Iran conflicts
USD/CAD extends advance to near 1.3900 amid fears of fresh escalation in Middle East war
As 2026 continues to unfold, currencies across North America are beginning to show notable shifts compared to the price action seen earlier in the year. Heading into Q2 2026, both USD/CAD and USD/MXN face a landscape shaped by changes in monetary policy, uncertainty around economic growth, and rising geopolitical tensions in the Middle East.
US dollar continues to be a big winner overall, as the interest rates in the US continue to climb.
USD/CAD holds gains above 1.3850 amid fears of a protracted war in Iran
USD/CAD is sitting at an ideal level to build trades around, with an apparent reason to fade recent strength from the latest Iran headlines, but a litany of historical, fundamental and technical factors urging caution.