USD/CAD Holds Steady Amid Regional Conflict Fears
The USD/CAD currency pair has made gains for a third consecutive day, currently remaining steady above the 1.3700 level. Earlier in the day, it tested early June highs near the 1.3730 area. The US Dollar is considered one of the strongest G8 performers today as investors flock to safe assets. This surge comes amid growing fears of an escalation in conflicts in the Middle East, particularly regarding potential US actions that might lead to broader implications.