USDCAD Forex News

Canadian Dollar Rises As Markets Watch Hormuz Negotiations

Canadian Dollar Rises As Markets Watch Hormuz Negotiations

The Canadian dollar strengthened against other major currencies in the European session on Thursday, as investors awaited further clarity on the progress of U.S.-Iran talks to reopen the Strait of Hormuz, a critical waterway for energy supplies.
RTTNews | 3 days ago
Oil Markets Stabilize as Hormuz Agreement Eases Supply Concerns | 6th August, 2026

Oil Markets Stabilize as Hormuz Agreement Eases Supply Concerns | 6th August, 2026

Oil markets stabilized after the Iran-Oman agreement eased concerns over supply disruptions in the Strait of Hormuz, while fading expectations of further Federal Reserve rate hikes weakened the US Dollar. The softer Greenback supported the Canadian Dollar, Swiss Franc, and Euro as investors turned their focus to energy markets, central bank guidance, and upcoming economic data.
Moneta Markets | 3 days ago
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the European session on Tuesday.
RTTNews | 5 days ago
Fed Uncertainty Strengthens US Dollar as Markets Turn Defensive | 28th July, 2026

Fed Uncertainty Strengthens US Dollar as Markets Turn Defensive | 28th July, 2026

Markets stayed defensive ahead of the Federal Reserve’s policy decision, with a stronger US Dollar pressuring gold, silver, the British Pound, and Canadian Dollar despite easing expectations for further rate hikes. The Japanese Yen traded sideways as investors awaited guidance from both the Fed and the Bank of Japan, with central bank decisions expected to drive the next major market moves.
Moneta Markets | 12 days ago