USD/CAD continues its strong performance, trading around 1.3980 during European hours on Monday. This marks the fourth consecutive session of gains for this currency pair. The positive trend correlates with substantial movements in the US Dollar Index (DXY), which hovers near 101.60. The recent reduction of tariffs is driving sentiment and may provide further support for USD as traders remain bullish. Staying informed on these developments is crucial for anticipating future movements in this currency pair.