💱US Dollar/Canadian Dollar FX Spot Rate
USDCAD
▲ PositiveMonetaryrelevance
Growing chances of Fed rate hikes and US economic optimism support USD against CAD.
Impact on assets 1
Others
The USD/CAD pair traded in positive territory around 1.4235 during early European hours on Tuesday. Growing chances of Federal Reserve interest rate hikes and optimism about the US economy supported the US Dollar against the Canadian Dollar.
Growing chances of Fed rate hikes and US economic optimism support USD against CAD.