USD/CAD holds gains above 1.3700 due to escalating Israel-Iran conflict
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USD/CAD appreciates as the US Dollar receives support from increased risk aversion.The weakening of the commodity-linked CAD could be restrained amid higher crude Oil prices.WTI price hits five-month highs as supply concerns heighten after Israel attacked Iran’s Arak heavy water reactor.USD/CAD continues to gain ground for the third consecutive day, trading around 1.3710 during the European hours on Thursday. The pair gains ground as the US Dollar (USD) draws upward support from increased..