USD/CAD Pulls Back After Reaching March 2020 Highs
The USD/CAD pair has slightly retreated after hitting its highest level since March 2020, around the 1.4465 mark during Asian trading hours on Thursday. Presently, the spot prices hover near the 1.4430 level, representing the daily low. Despite this slight pullback, there seems to be no considerable corrective decline in the immediate outlook. Investors are eyeing potential catalysts that may influence future movements in this currency pair. This cautious approach could signal upcoming trends in USD/CAD as market dynamics evolve.
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