The USD/CAD pair struggles to capitalize on its intra-day positive move to a one-week high set earlier this Wednesday and retreats to the 1.3160-1.3165 area during the first half of the European session. The pullback is sponsored by a modest US dollar weakness, though the fundamental backdrop supports prospects for the emergence of some dip-buying.


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***This is NOT a recommendation. We are simply sharing what we see. Please always exercise due diligence. Your capital is at risk.