Canadian Dollar declines as oil dips, Fed shift lifts USD/CAD

USD/CAD extends its winning streak for the eighth straight day, trading around 1.3740 during the Asian hours on Friday. The Canadian Dollar (CAD) continues to struggle due to its heavy reliance on the energy sector.
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US Dollar Index climbs above 99.00 on strong data, Fed shift

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is gaining ground for the fifth consecutive day and trading around 99.10 during the Asian hours on Friday.
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