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CAD weakens despite higher oil prices

USD/CAD trades around 1.4270 for a second day. Potential gains for the pair may be capped by strength in the commodity-linked Canadian Dollar drawing support from rising crude oil prices.

Original · FXStreet AI summary of public reporting

Why: Rising crude oil prices support CAD

CL
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Prices since publication

At publication → Current
CL90.13 → 91.14+1.1%
CAD weakens despite higher oil prices | SignalHub