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June 24, 2025

USD/CAD Faces Resistance Below 1.3750 Amid Cautious Sentiment

The USD/CAD pair continues to trade negative, hovering around 1.3720 during the early European session on Tuesday. The US Dollar exhibits weakness against the Canadian Dollar (CAD) due to ongoing geopolitical tensions. Following the announcement of a ceasefire between Israel and Iran, the trading landscape has shifted. Investors remain vigilant about potential impacts on currency volatility. Current trends suggest resistance remains firmly positioned below the 1.3750 mark, creating an environment of cautious trading.

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