Back to news
13 Aug 2026 · 17:47 GMT+3
2

Canadian Dollar steadies as falling Oil offsets US Dollar weakness

USD/CAD trades around 1.3940 on Thursday at the time of writing, virtually unchanged on the day. The pair remains caught between two opposing forces: the US Dollar (USD) weakens following softer-than-expected US data, while the Canadian Dollar (CAD) struggles amid falling Oil prices.

Trading involves risk. The information above is for reference only and does not constitute investment advice.