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29.12.2025 09:22 PM
The Canadian dollar has received support from rising oil prices, which is quite expected given Canada’s status as one of the key suppliers of raw materials to the United States. U.S. crude oil (WTI – West Texas Intermediate) prices are climbing after a recent sharp decline, supported by ongoing geopolitical tensions in the Middle East and concerns over potential supply disruptions. However, this factor is likely to provide only temporary support for the Canadian dollar, as the commodity-driven momentum is
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