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USD Weakness Stalls at key levels – Video Analysis

Market Analysis

USD Weakness Stalls at key levels – The dollar has settled today after yesterday extending its recent run lower. USDCAD has settled in the lower 1.25s after logging a 10-week low yesterday at 1.2499. General U.S. dollar weakness and the CAD-favourable break higher in oil prices, which have traded above $60 for the first time since mid 2015, have been weighing on the pairing.

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Stuart Cowell

Senior Market Analyst


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