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fxJul 27, 2026, 3:01 PM

USD/CAD Holds Above 1.4000 as US Dollar Rebounds on Easing Geopolitical Risks

USD/CAD edges higher on Monday, recovering from a bearish open as the US Dollar strengthens on improved risk sentiment following a US-Iran pause.

USDCAD

USD/CAD pared earlier losses on Monday, climbing back after opening the week with a bearish gap. The pair found support above the 1.4000 handle, keeping the near-term technical outlook constructive.

The US Dollar rebounded as risk appetite improved. A temporary halt in attacks between the United States and Iran eased geopolitical tensions, briefly weakening the Greenback before it regained ground.

Source: FXStreet Forex News