Jun 22, 2026
Canadian Dollar hits 14-month lows due to safe-haven demand, lower oil prices
USD/CAD extends its gains for the fifth successive day, trading around 1.4190 during the Asian hours on Monday. The pair hits a 14-month high of 1.4191 as the US Dollar (USD) receives support from safe-haven demand, which could be attributed to renewed concerns over a US-Iran peace deal.
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