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CAD Gains

The “Loonie” Fights Back: Why Recovering Oil is Keeping the Canadian Dollar Steady
  • February 6, 2026
  • Fareeha Mehmood
  • Forex

The “Loonie” Fights Back: Why Recovering Oil is Keeping the Canadian Dollar Steady

The Canadian Dollar, often known as the Loonie, is strengthening this Friday. The USD/CAD exchange rate has pulled back to 1.3700 as oil prices, the lifeline of the Canadian...
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