USD/CAD Holds Strong Near Long-Term Support Amid Political Unrest in Canada
The USD/CAD pair shows resilience as it trades firm above the mid 1.4200s level. It has maintained a positive bias for the fourth consecutive day. This performance is notable as it approaches the highest point since April 2020. The political climate in Canada seems to influence this currency pair, with underlying fundamental factors suggesting potential upward movement in the near future. Traders should stay alert for upcoming developments that could affect this trend.
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