global markets

Canadian Dollar Hits 13-Day High After U.S.-Iran Ceasefire Boosts Markets

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Canadian Dollar Hits 13-Day High After U.S.-Iran Ceasefire Boosts Markets

The Canadian dollar strengthened to its highest level in nearly two weeks following news of a ceasefire agreement between the United States and Iran. The development improved global investor sentiment, leading to gains in equity markets and a sharp decline in oil prices. Loonie Gains Momentum in Global Markets On Wednesday, the Canadian dollar—often referred … Read more

Canadian Dollar Edges Higher as Markets Watch Iran Deadline and Economic Signals

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Canadian Dollar Edges Higher as Markets Watch Iran Deadline and Economic Signals

The Canadian dollar posted a slight increase against the U.S. dollar, supported by rising oil prices but limited by weaker domestic economic data. On the trading day, the currency strengthened by 0.1%, reaching approximately 1.3900 per U.S. dollar, or about 71.94 U.S. cents. During the session, the loonie fluctuated within a narrow range of 1.3892 … Read more