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June 17, 2025

USD/CAD Moves Higher Amid Strengthening US Dollar

The USD/CAD currency pair recovers some ground, trading around 1.3580 during the early Asian session on Tuesday. This gain comes amidst a strengthening US dollar as market tensions rise in response to geopolitical conflicts.

Investors are closely watching the unfolding situation between Israel and Iran, as market reactions could influence the USD/CAD pair’s trajectory in the short term. Traders should remain vigilant.

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