Canadian Dollar gains ground on surging Oil, rising BoC hike bets

The USD/CAD pair loses ground to near 1.4165 during the Asian trading hours on Thursday. A rise in crude oil prices provides some support to the commodity-linked Canadian Dollar (CAD) against the US Dollar (USD). Traders await the US weekly Initial Jobless Claims report later on Thursday.

You are being sent to the original publisher. FX Radar keeps this reference for market context and source discovery.