# FXStreet Reports USD/CAD Near 1.3990 in Asian Trading Hours

> USD/CAD was quoted near 1.3990 in Tuesday Asian trading, with WTI cited at $95.80 a barrel. Reuters separately reported WTI at $96.62 on Monday after a 7.2% daily drop, attributed to hopes for progress in Iran-related talks involving Qatar.

- Date: 2026-11-03 · published 2026-11-03T03:08:36.118Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/76883-fxstreet-reports-usd-cad-near-1-3990-in-asian-trading-hours
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

The article highlights that the cited crude rebound is not confirmed by other price snapshots, so the currency signal is unclear. For feed buyers, the key driver is oil volatility tied to Iran diplomacy, which feeds into diesel, freight and fertilizer costs.

## Read by commodity

- WTI: neutral
- USDCAD: neutral

## Sources

- econotimes.com: https://econotimes.com/FXStreet-Reports-USD-CAD-Near-1-3990-in-Asian-Trading-Hours-1769427

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