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CAD hits monthly highs on rallying oil and softer USD

The Canadian Dollar extends gains for the fourth day as oil prices rally to their highest level since May while the US Dollar struggles amid reduced hopes of immediate Fed rate hikes.

Original · FXStreet AI summary of public reporting

Why: Oil rally to highest since May → supports CAD

CL

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Prices since publication

At publication → Current
CL100.68 → 100.54−0.1%
EUR1.122 → 1.122+0.0%
JPY158.03 → 158.030.0%
CAD hits monthly highs on rallying oil and softer USD | SignalHub