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Canadian dollar having a moment
Bangkok Post
|March 09, 2026
‘The Canadian dollar has become a top pick in the $9.5-trillion-a-day foreign-exchange market due to its link to oil prices as the war in the Middle East grinds on.
As most major currencies fell versus the US dollar last week in the wake of conflict between the US and Iran, the loonie has weathered the volatility that engulfed currency markets. Oil prices have climbed since attacks began last weekend, a supportive move for Canada, the world’s fourth-largest crude producer.
That has driven strategists to highlight the currency’s resilience and call for continued strength in the short term.
Bu hikaye Bangkok Post dergisinin March 09, 2026 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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