MARKETS07:43 UTC15h ago 1 min readSource: FXStreet

USD/CAD extends losses, nearing 1.3700 amid optimism about Iran's war

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USD/CAD extends losses, nearing 1.3700 amid optimism about Iran's war
Image via FXStreet

The US Dollar (USD) extends losses against the Canadian Dollar (CAD) for the fourth consecutive day on Thursday, amid broad-based weakness in the USD as investors raise their bets on a resolution of the Middle East conflict.

AI Executive Brief
  • / USD continues to fall against CAD for the fourth day
  • / Investors optimistic about resolving Middle East conflict
  • / Broad-based USD weakness drives currency movements

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