Prop firm news

USD/CAD hit an 18-month high: 1.4293 amid falling oil

USD/CAD rose to 1.4293 on October 6, an 18-month high. The Canadian dollar is declining for the third session in a row amid weak oil, and the pair itself already looks technically overbought.

Oil -3%: G7 releases 100 million barrels from reserves

G7 countries plan to release up to 100 million barrels of diesel fuel and crude oil from strategic reserves. On this news, oil fell by about 3%, but later the decline stopped due to persistent geopolitical risks surrounding Iran.