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US Dollar Rebounds on Iran Sanctions and Treasury Buyback Plans

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • The US dollar strengthened as investors evaluated expanded sanctions against Iran and potential Treasury buybacks of long-dated bonds.
  • Meanwhile, the Canadian dollar weakened on US-Canada trade tensions, the euro and Swiss franc softened, and cryptocurrencies extended gains amid fiat debasement concerns.
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USDCAD price history

1.39 +0.72% over the displayed period

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