Canadian Dollar strengthens on rising oil prices ahead of potential US-Iran talks

The USD/CAD pair declines to around 1.4025 during the early European session on Tuesday. Nonetheless, the potential downside for the pair might be limited amid a hawkish stance of the US Federal Reserve (Fed).

Gold impact rationale

Rising rate-hike or hawkish expectations increase gold's opportunity cost.

• Source: FXStreet news
• 2026-09-22
• rates
• dollar

Topics: gold news, gold price impact, rates, dollar