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USD/CAD strengthens as the direct involvement of the US in Middle East tensions has increased the safe-haven demand.US President Trump confirmed that Washington’s military forces have launched airstrikes on Iran.The Oil price is expected to benefit from rising Oil prices.The USD/CAD pair extends its winning streak for the fifth trading day on Monday. The Loonie pair gains as demand for safe-haven assets, such as the US Dollar (USD), has increased after the direct involvement of the United States (US) into the aerial war between Israel and Iran over the weekend.The...

NZD/USD refreshes six-and-a-half month high near 0.6030 ahead of the RBNZ policy meeting on Wednesday. The RBNZ will likely cut its Official Cash Rate (OCR) by 25 bps to 3.25%. US President Trump suspends 50% tariffs on the EU until July 9. The NZD/USD pair posts a fresh six-and-a-half-month high near 0.6030 against the US Dollar (USD) at the start of the week. The Kiwi pair strengthens as the New Zealand (NZD) outperforms across the board ahead of the Reserve Bank of New Zealand’s (RBNZ) interest rate decision, which will...