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Canadian Dollar declines amid hawkish Fed outlook, US–Iran deal hopes

The USD/CAD pair gathers strength to around 1.4150 during the early European trading hours on Friday.

The USD/CAD pair gathers strength to around 1.4150 during the early European trading hours on Friday.

Mounting bets on further Federal ‌Reserve (Fed) rate hikes provide some support to the US Dollar (USD) against the Canadian Dollar (CAD).

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