Canadian dollar falls despite oil prices above $100
◆1 source
The Canadian dollar fell to its lowest level against the US dollar since April 2025, even as the oil price rose above $100. Canada also appeared to be strengthening its ties with Europe.
◆1 source
The Canadian dollar fell to its lowest level against the US dollar since April 2025, even as the oil price rose above $100. Canada also appeared to be strengthening its ties with Europe.
1 source
The euro came under pressure as concerns about the French budget increased. The chance of an interest-rate increase by the United States in October had declined in recent days, but the dollar continued to strengthen, reportedly mainly because of the growing concerns about France’s budget.