Canadian Dollar holds steady amid Middle East tensions, rising oil prices

The USD/CAD pair trades on a flat note near 1.3725 during the early Asian trading hours on Monday. Traders will closely monitor the situation in the Middle East. Additionally, traders weigh a hawkish hold from the Federal Reserve (Fed) against a dovish hold from the Bank of Canada (BoC).  USD/CAD flat lines around 1.3725 in Monday’s early Asian session. Trump… The USD/CAD pair trades on a flat note near 1.3725 during the early Asian trading hours on Monday. Traders will closely monitor the situation in the Middle East. Additionally, traders weigh a hawkish hold from the Federal Reserve (Fed) against a dovish hold from the Bank of Canada (BoC).  USD/CAD flat lines around 1.3725 in Monday’s early Asian session. Trump weighs military moves on Iran’s Kharg Island. A rise in crude oil prices could support the commodity-linked Loonie. The USD/CAD pair trades on a flat note near 1.3725 during the early Asian trading hours on Monday. Traders will closely monitor the situation in the Middle East. Additionally, traders weigh a hawkish hold from the Federal Reserve (Fed) against a dovish hold from… For traders, this matters because commodity headlines often feed directly into inflation expectations, sector rotation and currency pricing. Watch follow-through, not just the first reaction: liquidity, volatility and confirmation across related assets usually tell the real story.