December 1, 2023 – OkSignals

USD/CAD could extend its losses toward the 1.3500 psychological support level

USD/CAD extends its losses for the second successive day, trading lower around 1.3530 during the European session on Friday. The weakened US Dollar (USD) exerts pressure and undermines the pair. Furthermore, the rebound in WTI prices could provide support to the Canadian Dollar (CAD), consequently putting downward pressure on the USD/CAD pair. The technical indicators […]

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