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.