Home / Market Update / Forex Market / CAD Maintains Gains Against USD

CAD Maintains Gains Against USD

The Canadian Dollar (CAD) is maintaining some of its gains against the US Dollar (USD) on Tuesday.

The CAD is up by 0.04% against the USD, after rising earlier by more than 0.1% to its highest level against the greenback in eight months.

The Canadian Dollar is supported by improved PMI data for the manufacturing sector and a decent performance by oil prices.

Check Also

Sterling Falters Against Yen Amid Tariff Fears and UK Political Strife

The British Pound (GBP) weakened against the Japanese Yen (JPY), with GBP/JPY slipping below 197.61, …