Canadian Dollar under stress as US Dollar Demand Remains Strong
The Canadian Dollar weakened on Tuesday as the US Dollar nonstop to attract safe-haven demand pushing USD/CAD higher near 1.3760, up 0.17% during the session. Despite stronger Oil prices the Canadian currency stumbled to gain support. West Texas Intermediate (WTI) Oil traded around $102.70, marking a 0.60% increase for the day. Since Canada is a […]