# USD/CAD extends advance to near 1.3900 amid fears of fresh escalation in Middle East war

> USD/CAD rose toward 1.3900 in Asian trade on March 29, its highest level in over two months, as fears of escalation in the Middle East war boosted safe-haven demand for the US dollar. A WSJ report of 10,000 additional US troops heading to Iran added to tensions.

- Date: 2026-03-29 · published 2026-03-29T12:00:00.000Z
- Category: geopolitics · region Global · magnitude low
- Page: https://feedsoft.ai/events/20393-usd-cad-extends-advance-to-near-1-3900-amid-fears-of-fresh-escalation-in-middle
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Safe-haven USD demand pressures the loonie, which can make Canadian oilseed meals cheaper on world markets, while the geopolitical escalation keeps energy and vegetable oil prices elevated.

## Read by commodity

- USDCAD: bullish ▲
- CANMEAL: bearish ▼

## Sources

- fxstreet.com: https://www.fxstreet.com/news/usd-cad-extends-advance-to-near-13900-amid-fears-of-fresh-escalation-in-middle-east-war-202603292354

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.