UPDATE15:54 UTC7h ago 1 min readSource: FXStreet

USD/CAD declines as Hormuz disruptions keep Oil elevated, US-Iran talks in focus

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USD/CAD declines as Hormuz disruptions keep Oil elevated, US-Iran talks in focus
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USD/CAD trades with a negative bias on Thursday, extending losses for a fourth straight day as elevated Oil prices support the commodity-linked Canadian Dollar (CAD), even as the US Dollar (USD) strengthens against most of its peers.

AI Executive Brief
  • / USD/CAD declines as Hormuz disruptions keep Oil elevated, US-Iran talks in focus
  • / Further details are developing.
  • / Aggregated by Aura Media Network.

AI-generated summary for informational purposes. Verify with original source.