March 12, 2026

USD/CAD Price Analysis: US Dollar Rebounds as IEA Oil release weighs on CAD

March 12, 2026

USD/CAD Price Analysis: US Dollar Rebounds as IEA Oil release weighs on CAD

The USD/CAD pair is trading near the 1.3580 level, regaining its footing in Wednesday's American session after the International Energy Agency (IEA) agreed to release 400 million barrels of oil to address the supply disruption from the Iran war.

The USD/CAD pair is trading near the 1.3580 level, regaining its footing in Wednesday's American session after the International Energy Agency (IEA) agreed to release 400 million barrels of oil to address the supply disruption from the Iran war.

Article written by AdminFF

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