US FX WRAP: Dollar gains amid risk-off mood; CAD outperforms

The dollar's gain in a risk-off environment suggests investors are seeking safe-haven assets amid heightened uncertainty, which typically leads to a stronger USD. The CAD's outperformance indicates specific resilience, possibly due to supportive fundamental data or geopolitical factors that favor Canadian assets over others. Traders should monitor implications for emerging market currencies and commodity prices, as these can be closely linked to shifts in risk sentiment.