The USD/CAD pair has witnessed some significant gains around 1.2700 amid a fresh wave in risk-aversion theme. The risk-off impulse regains its mojo after the Russian missiles attack on a large Ukrainian base near the border with NATO member Poland escalated fears of third world war. An attack on a NATO member is considered as an attack on the whole community. Therefore, investors are returning to safe-haven assets after a positive opening on Monday. Although investors are not seldom focusing on the Russia-Ukraine war headlines, any negative development on geopolitical tensions will improve the appeal for the ... (full story)