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November 12, 2024

USD/CAD strives to break above 1.3950 as US Dollar soars

The USD/CAD pair gathers strength to break above the immediate resistance of 1.3950 in Monday’s North American session. The Loonie asset sees more upside as the US Dollar (USD) surges to a fresh four-month high, with the US Dollar Index (DXY) rising to 105.60.

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