USD/CAD Rises to a Two-Month High

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Today, the USD/CAD currency pair climbed above the 1.3787 level for the first time since late January. → Demand for the US dollar is being supported by concerns over escalating tensions in the Middle East. Market participants are favouring the USD as a safe-haven asset. → The Canadian dollar is under pressure due to domestic […]The post USD/CAD Rises to a Two-Month High appeared first on ActionForex.