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Canadian Dollar strengthens on Oil rally as markets eye jobs data

USD/CAD trades around 1.4190 at the time of writing on Wednesday, down 0.10% on the day, as the Canadian Dollar (CAD) benefits from a sharp rebound in Oil prices fueled by renewed geopolitical tensions in the Middle East.

Bullish · CAD fxstreet news Wed, 08 Jul 2026 16:10:25 UTC

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